Dubai ends lower on property, banking as Gulf markets mixed
Dubai’s stock market closed down on Sunday, dragged lower by property and banking shares as Gulf markets ended the day…
Financial Results
4429 articles found
NBK- Egypt reports net profits in 1Q 2019 growing by 2.6% YoY
Improved profit performance was attributable to increased operating banking revenues, reflecting Egypt’s economic stability. We aim to increase our market…
Shuaa swings to Q1 loss on Abraaj exposure
Dubai investment bank Shuaa Capital, which is in the process of merging with its biggest shareholder, swung to a first-quarter…
Emirates posts $631m profit, awards $136 million dividend
Emirates Group has released its 2018-19 annual report, posting a profit of $631 million for the financial year ended 31st…
Almost two-thirds of GCC expats don't seek financial advice in first two years: research
Only 37% of expats living in the Gulf seek and receive financial advice within their first two years living in…
UAE national banks lend $3.6bn to businesses in Q1
UAE national banks provided Dh13.3 billion ($3.6 billion) in loans in the first quarter (Q1) of the year to the…
Burgan Bank reports net income of KD 19.2m for first quarter of 2019
Burgan Bank Group has announced its financial results for the first quarter of 2019. Beginning this year, Burgan has…
DAMAC's first-quarter profits drop 94% as Dubai property market slumps
Property developer DAMAC Properties reported a 94% drop in first-quarter net profit on Wednesday, its smallest since going public in…
UAE's Finablr shares down as much 5% after London market debut
Shares in payments and foreign exchange company Finablr slipped in early trading on Wednesday, falling by as much as 5%…
GFH Q1 net profit dips 41.4pc to $21.36m
Bahrain-based GFH Financial Group (GFH) has posted a net profit of $21.36million for the first quarter (Q1) of the year…
UAE's Aldar Properties Q1 profit drops, plans $749mln capex in 2019
Aldar Properties, the largest property developer in Abu Dhabi, plans capital expenditure of 2.75 billion dirhams ($749 million) in 2019,…
Ithmaar Holding and its wholly-owned subsidiary, Ithmaar Bank, both report first quarter profits
Ithmaar Holding has announced their financial results for the first quarter of 2019 with both entities reporting profits for the…