Kuwaiti banks’ profits surge by 28.5% in ’23
In the fiscal year 2023, eight local banks in Kuwait experienced significant profit growth, collectively increasing their profits by 28.5…
Financial Results
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SHUAA Capital announces 2023 full-year preliminary financial results
SHUAA Capital psc (DFM: SHUAA) today announces its preliminary financial results for the full year ended 31 December 2023. …
Kuwait’s Gulf Bank posts 15% rise in FY 2023 net profit to $231mln
Gulf Bank, Kuwait’s third-biggest lender by assets, saw its full year 2023 net profit jump by 15% to 71.2 million…
Ooredoo Group revenue rises by 2% to QR23.2bn
Ticker: ORDS yesterday announced its financial results for the year ended 31 December 2023. The revenue grew ahead of FY…
Oman: Assets of Islamic banks and windows up 11.7% to $18.7bln
The total assets of banks and Islamic windows combined increased by 11.7 percent to reach OMR7.2 billion at the end…
United Arab Bank reports financial results for the full year ended 31st December 2023
Strong business momentum with double-digit growth in assets United Arab Bank P.J.S.C has reported its financial results for the full…
Banque Saudi Fransi posts 18% higher net profit for FY 2023
Bannque Saudi Fransi reported a 2023 full-year net profit of 4.22 billion riyals ($1.12 billion), up 18% year-on-year (YoY). …
Saudi National Bank reports more than 7% jump in 2023 net profit
Saudi National Bank, the kingdom's largest bank by assets, posted a 7.7% jump in full-year net profit on Monday, supported…
Saudi banks’ credit up by 10% to reach $690bn in 2023
Increased credit to corporate activities propelled a 10 percent annual surge in loans for Saudi banks in 2023, reaching SR2.58…
Boubyan Bank makes KD 80.4 mln in profit for '23
Boubyan Bank announced a net profit of KD 80.4 million, (approx. USD 261 million); 39 percent in growth compared to…
Arab Bank Group, Jordan reported net profits of $829.6mln for 2023
Arab Bank Group achieved solid results for the year ending December 31, 2023, reporting a growth of 52 per cent…
RAKBank is latest UAE bank to cross 2023 with record profits – and with a strong loan book
A 10 per cent increases in overall loans and advances to Dh42 billion played its part in RAKBank becoming the…