ADCB profits rise 5% as impairment costs drop
Abu Dhabi Commercial Bank reported on Sunday a 5 per cent year-on-year increase in its profits for the third quarter…
Financial Results
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Mashreq reports 1.7b 9-month net profit
Mashreq reported a net profit of Dh1.7 billion for the first nine months of 2018, up 5 per cent compared…
ADCB reports third quarter earnings increase
Abu Dhabi Commercial Bank announced on Sunday a 5.5 percent increase in third quarter net profit for the year 2018,…
SIB’s 9-month net profits rise by 10.5 per cent
Sharjah Islamic Bank has posted Dh397.7 million net profits for the first nine months of 2018, up 10.5 per cent…
Doha Bank posts QR737mn profit
After taking significant loan loss provision in relation to the bank's overseas branches, Doha Bank posted a net profit of…
Riyad Bank's Q3 profit rises 8.2 pct, in line with forecasts
Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted an 8.2 percent rise in third-quarter net profit on Thursday, in…
Banks’ Revenue Growth at Risk Due to Unprecedented Competitive Pressure Resulting from Digital Disruption, Accenture Study Finds
New entrants to the banking market — including challenger banks, non-bank payments institutions and big tech companies — are amassing…
National Bank of Bahrain Jan-Sept net profit jumps 11%
National Bank of Bahrain (NBB) said it delivered strong financial results and continued growth for the first nine months of…
Three Qatari banks report higher Q3 earnings, remaining banks' results needed to "draw larger conclusions", analyst says
Three of Qatar’s major banks have reported third quarter earnings results for 2018, which have thus far been seen as…
Mena's M&A transaction value surges to $45bn in Q3
The value of the merger and acquisition (M&A) transactions with any Middle Eastern and North African involvement during the first…
Masraf Al Rayan records 9-month profit of QR1.63bn
Masraf Al Rayan has posted a net profit of QR1.63bn at the end of the third quarter in September, which…
Kuwaiti-Qatari trade volume touches $360 million in 2017
The volume of trade between Kuwait and Qatar has surged to $360 million in 2017, a significant growth by 100…