Dubai DFM-listed banks report $1.50bln net profit
Underpinned by rising operating revenues, the Q1 combined net profit of banks listed at Dubai Financial Market soared to AED5.51…
Financial Results
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Macro and Markets Weekly by Gary Dugan
Trump antagonises China trade talks President Trump, in his own way, has upped the ante ahead of a crucial…
UAE- ADCB posts Dh1.15b Q1 net profit
Abu Dhabi Commercial Bank (ADCB) reported on Monday a net profit of Dh1.152 billion for the first quarter of 2019…
Gulf indices fall on thin trading ahead of Ramadan
On Sunday, the 5th of May 2019, a majority of Middle East bourses took a tumble, mostly hurt by a…
Revenues boost Saudi Arabia’s Q1 budget, expenditure up 8%
Saudi Arabia posted a surplus of SAR27.8bn ($7.41bn) in the first quarter of this year, its first since 2014 and…
NBF’s Q1 net profits up 15% to Dh167.6
National Bank of Fujairah on Wednesday reported Dh167.6 million net profits for the first three months of 2019 up 15.3…
Bahrain has potential to be a global center for microfinance financial transfers: Ebdaa Bank
Ebdaa Bank reports net profit of BD 306,000 for the fiscal year ended 31, December 2018 Ebdaa Bank successfully progresses…
GCC banking sector continues to boast strong balance sheet
GCC Banking sector continues to boast a strong balance sheet coupled with improving margins as seen from 2018 financial results.…
UAB reports net profit for Q1 2019
United Arab Bank announces its Financial Results for the three months ended 31st March 2019. UAB reported a Net…
Qatar banks maintain growth trajectory in March: QNB
Qatar’s banking sector has grown in all its major parameters in March, registering year-on-year growth in its deposits, credit and…
Gulf Bank records a net profit of KD 11.8 million for Q1 2019
Gulf Bank K.S.C.P. recorded a net profit of KD 11.8 million in the first quarter of 2019, an increase of…
FAB reports record first quarter 2019 net profit
First Abu Dhabi Bank has reported its financial results for the first quarter ended 31 March 2019 today. Solid…