HSBC earns most investment banking fees
Middle Eastern & North African investment banking fees totalled an estimated $1.1bnn during 2018, 4 percent more than the value…
Financial Results
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Dubai's Mashreq says 2018 net profit stable at $570m
Mashreq, one of Dubai's largest banks, on Monday said net profits stood at AED2.1 billion ($570 million) for 2018, a…
Tadawul index recovers as buying emerges
Saudi Arabia’s Tadawul index recovered from its early losses on Monday to trade flat as buying emerged as lower levels.…
Qatar's Al Khaliji 2018 net profit up 10.5% to $167mln
Qatar-based Al Khalij Commercial Bank has posted a net profit of QR608 million ($167 million) for the year ended 31…
Al Khaliji profit jumps to QR608mn in 2018
Higher net fee and commission earnings as well as lower operating expenses and impairments helped Al Khaliji report more than…
Samba reports jump in yearly earnings, analyst says the bank is" well positioned to benefit from rising interest rates"
Shares in Samba Financial Group rose on Thursday after the bank reported a rise in yearly earnings. Samba’s shares retreated…
Boubyan Bank records net profit for year 2018
Al-Fulaij: 2018 Was An Outstanding Year in terms of Profitability and Growth in all the key Financial Indicators. This Highlights…
Emirates Islamic posts record $251m net profit
Emirates Islamic has announced a 32 percent jump in net profit to AED924 million ($251.5 million) for the fiscal year…
Emirates NBD Announces Full Year 2018 Results
Emirates NBD, a leading bank in the region, delivered a record set of results with net profit up 20% year-on-year…
Dubai's Biggest Bank Boosts 2018 Profit 20%, Beats Estimates
Emirates NBD PJSC reported a better-than-expected increase in full-year profit as lending rose and loan loss charges fell at Dubai’s…
Qatar Islamic Bank Q4 profit rises 19 pct
Qatar Islamic Bank (QIB), the Gulf state’s largest sharia-compliant lender by assets, reported a 19 percent rise in fourth-quarter net…
Samba Achieves Record Profit of $1.4bn in 2018
Saudi Arabia’s Samba Financial Group posted record profits in 2018 at $1.47 billion (SR5.5 billion), according to a bourse statement.…