FAB posts record H1 net profit of $1.7bn
First Abu Dhabi Bank has reported a record half year net profit of Dh6.3 billion ($1.7 billion), up 4 per…
Financial Results
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Emirates Islamic’s net profit at Dh673m
Emirates Islamic’s net profit for the first six months totalled Dh673 million, an increase of 39 per cent year-on-year. …
Emirates NBD second quarter net profit surges 80% on income from unit IPO
Emirates NBD, Dubai’s largest lender by assets, reported a 80 per cent year-on-year rise in second quarter net profit, driven…
Dubai Islamic Bank Q2 profit jumps 14%
Dubai Islamic Bank has posted a 14 percent jump in its net profit for the second quarter of 2019 at…
Dubai’s Amlak to restructure $1.2B by end of year
Dubai-based Islamic mortgage provider Amlak Finance PJSC made “significant progress” on securing new terms for $1.2 billion of debt and…
Commercial Bank Group’s half yearly net profit rises 9.2% to QR934mn
Commercial Bank Group posted a net profit of QR934mn in the first half of this year, up 9.2% on H1,…
AUB achieves a net profit of KD 30.8m for first half of 2019
Ahli United Bank K.S.C.P announced a net profit for the first half of 2019 amounting to KD 30.8 million, compared…
NBB net profits increase 8.7% in H1 2019
National Bank of Bahrain (NBB) on Tuesday announced another period of continued growth reporting a net profit of BHD 40.0…
Saudi market strong on second quarter results, Aldar boosts Abu Dhabi
Most Gulf stock markets rose in early Sunday trading, mirroring gains late last week in global markets, and supported by…
Islamic banks in Qatar post 8.5% profit growth in 2018: QCB governor
HE the Governor of Qatar Central Bank Sheikh Abdulla bin Saoud al-Thani said Islamic finance plays a vital role within…
79% of UAE investors consider increasing their local investments due to permanent residency scheme
A survey of UAE investors and residents show that the recently implemented UAE Permanent Residency Scheme has created a positive…
Invest Bank sees Dh106m loss in first quarter
Sharjah’s Invest Bank reported on Wednesday Dh106 million in losses for the first quarter of 2019, as earnings plunged from…