UAE Central Bank Announces M1 Increased To AED486 Billion
The UAE Central Bank has announced that the Money Supply aggregate M1 increased by 0.1 percent, from AED485.6 billion at…
Financial Results
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Ithmaar Holding reports net profit of $10.06m for 2018
Ithmaar Holding B.S.C., a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic retail bank,…
UAE investors increasingly aware of the importance of selecting investment portfolios that align with their risk levels: report
New research* from Old Mutual International and Quilter Cheviot Investment Management shows that UAE based investors are increasingly aware of…
Commercial Bank International’s net profit up 29% to Dh226m
Commercial Bank International on Thursday reported a net profit of Dh226 million, up 29 per cent in 2018 compared to…
Adnic’s profit up by 3.7% to Dh235.6m in 2018
Abu Dhabi National Insurance Company profit for 2018 increased by 3.7 per cent to Dh235.6 million compared to Dh227.3 million…
Noor Bank 2018 profit jumps 62%
Noor Bank, a Shariah-compliant bank in the UAE, on Wednesday said its 2018 net profit jumped 62 per cent to…
Lower income pushes UNB profits down 28%
Union National Bank reported on Tuesday a 28 per cent year-on-year decline in its net profit, which reached Dh1.19 billion…
AUB Kuwait records KD 51.3m in net profit
Ahli United Bank K.S.C.P. has marked 2018 as another successful year by delivering a net profit of KD 51.3 million…
Bank ABC Announces Net Profit of US$202 Million
Bank ABC has announced its results for the year ended 31 December 2018: Business Performance (FY 2018): Consolidated net…
NBF posted record set of results achieving its best ever operating and net profit
NBF is pleased to announce its results for the year ended 31 December 2018 in accordance with the approval received…
NBK-Bahrain profit surges 26pc
National Bank of Kuwait-Bahrain reported net profits of $313 million last year compared with $248m in 2017, an increase of…
Al Nahedh: 92% of KFH`s total profits made in 2018.. sustainable
The Group Chief Executive Officer at Kuwait Finance House (KFH), Mazin Saad Al-Nahedh said that KFH's sustainable profits reached 92%…