UAE Central Bank says economy to expand 4.2% in 2019
The UAE economy will expand 4.2 per cent next year, faster than the International Monetary Fund's estimate, as the country…
Financial Results
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Bank ABC reports 5pc growth in net profit
Bank ABC (Arab Banking Corporation) reported a consolidated net profit, attributable to the shareholders of the parent, of $159 million…
SoftBank reaffirms investment ties with Saudi Arabia
SoftBank reaffirmed its investment ties with Saudi Arabia on Monday, as its quarterly profit surged more than fivefold on the…
SHUAA Capital registers AED 30.1 million Q3 2018 net profit, the Group's highest quarterly profit since 2008
Officially entered Kuwaiti market with the acquisition of Amwal and its subsidiary Noor Capital Markets Invested in expanding and diversifying…
Dubai moves yield positive results
Investors have posed their full confidence in the Dubai economy and have responded positively to the economic initiatives launched by…
Bahrain Islamic Bank (BisB) Achieves 6.9 Million Dinars in 9 months
Bahrain Islamic Bank has announced a net profit of BHD 6.9 million during the nine months ending this year, after…
Global reports USD 37.4 million revenues
Global Investment House has announced its financial results for the 9 Months ended 30 September 2018 reporting a net profit…
Deutsche's DWS to buy stake in Dubai-based digital investment firm
DWS Group Deutsche Bank’s asset manager, has entered into a binding agreement to acquire an equity stake of 15 percent…
Emirates Investment Bank reports financial results for the first nine months of 2018
Emirates Investment Bank has announced its financial results for the first nine months of 2018. Financial Highlights: *…
Bank results reflect strong revival in operating environment
Financials results of leading UAE banks reflected a strong revival in economic activities supporting asset growth, profitability and asset quality…
United Arab Bank announces financial results for Q3 2018
Q3 2018 Highlights AED105m Net Profit, up 111% Q3 2017. Operating Expenses decreased 4% Q3 2017. Provision for Credit…
Bank Audi consolidated activity highlights as at end-September 2018
Sustained profits growth US$ 410 million of net profits in 9M-18, increasing by 20% over the same period of…