UAE GDP growth 'remains well oriented', says Natixis
The GDP growth of the United Arab Emirates remains strong, even after a year of modest activity off the back…
Financial Results
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Sharjah Islamic Bank's Net Profit Rises to 291 Million During the First Half of 2019
Sharjah Islamic Bank achieved a net profit of AED 290.5 million during the first half of 2019 compared to AED…
Noor Bank reports Dh410 million H1 2019 net profit
Noor Bank, a Shariah-compliant bank has announced a record net profit of Dh410 million in H1 2019, notching up a…
Oman’s economic reforms forecast to propel growth to 3.9% by 2021
Economic growth in Oman is expected to steadily edge higher over 2019-2021, led by pro-growth reforms aimed at diversifying the…
NBF reports 15% rise in second-quarter net profit as impairment charges decline
The National Bank of Fujairah, which counts the emirate’s government and Dubai’s sovereign wealth fund as shareholders, reported a 15…
Mashreq posts Dh1.2 billion H1 net profit
Mashreq on Sunday posted Dh1.2 billion net profits for the first half of 2019, up 5.2 per cent compared to…
EFG Hermes plans to list four firms in Egypt in 2019
Egypt’s leading investment bank EFG-Hermes is preparing to manage four IPOs before the end of the year. "We are…
Boubyan Bank to climb 20 percent in revenue
Revenue of Kuwait-based Boubyan Bank was revealed by reports circulating the media to be forecast to see a 20 percent…
New PwC publication addresses growth for Middle East family businesses
Family businesses in the Middle East have ambitious plans for growth but are called to operate in a new norm…
Kuwait Finance House Q2 net profit up 9.4pc year on year
Kuwait Finance House the country’s biggest Islamic lender, posted a 9.4% annual rise in net profit in the second quarter…
QIIB posts half yearly net profit of QR510.6mn
At the conclusion of the Board of Directors' meeting held to discuss the results of the QIIB operations for the…
Early rally fizzles out for Emirates NBD shares
An early rally seen in shares of Emirates NBD and Dubai Islamic Bank fizzled out at the end of trading…