Bank of Sharjah reports Dh152 million H1 net profits
Bank of Sharjah on Sunday posted a net profit of Dh152 million for the first half of 2019, down by…
Financial Results
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ABK records 18% increase in net profit
Maintaining its growth momentum, Al-Ahli Bank of Kuwait (ABK) recorded strong results for the first six months of 2019 with…
SICO reports BD 2.9 million net profit in the first half of 2019.
SICO has announced today its consolidated results for the second quarter and first half ended 30 June 2019. SICO’s…
ENBD REIT registers $255mln net asset in Q1
ENBD REIT Plc, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, on Thursday announced…
StanChart first-half profit rises 3%, beats forecasts
Standard Chartered PLC posted a 3% rise in its first-half profit on Thursday, beating market expectations, as the bank boosted…
UAB sees 68% plunge in profits as revenues fall
United Arab Bank reported on Wednesday a 68 per cent plunge in its net profit for the second quarter of…
Riyad Bank reports 78% rise in second-quarter profit as impairments drop
Saudi Arabia’s Riyad Bank, which is in talks to merge with National Commercial Bank, posted a 78 per cent year-on-year…
Saudi NCB posts 24% rise in quarterly profit
National Commercial Bank , Saudi Arabia’s biggest lender, posted a 24% rise in second-quarter profit on Wednesday, helped by higher…
IIFM Publishes its Annual Sukuk Report 2019
The International Islamic Financial Market has announced the publication of the 8th Edition of its annual Sukuk Report. The research…
Gold funds shine with 16.83 per cent returns in a year. But will the lustre last?
The yield from gold funds offered by mutual fund houses has touched 16.83 per cent in the 12 months ending…
Bahrain’s money supply increased by 9.2%
Bahrain’s (M3) money supply increased by 9.2 per cent reaching BD13,546.2 million as of end-June, compared with BD12,402.3m as of…
Dubai International Financial Centre boosts UAE financial sector development; reports significant growth during first half of 2019
Dubai International Financial Centre has reinforced its contribution to the UAE’s economy and its commitment to driving the future of…