Financial Results

Financial Results

EIBank's 2018 GCC Wealth Insight Report: The UAE is the most appealing wealth management location for HNWIs in the GCC

April 24, 2018

Emirates Investment Bank (“EIBank”), an independent private bank based in the UAE, today published the 2018 edition of its annual…

Read More

Financial Results

Q1 results point to strong start for UAE lenders

April 22, 2018

Contrary to the expectations that the implementation of International Financial Reporting Standards 9 (IFRS 9) and the introduction of 5…

Read More

Financial Results

Dubai Islamic Bank Q1 profit up 16 percent

April 19, 2018

Dubai Islamic Bank (DIB), the United Arab Emirates' largest sharia-compliant lender, posted a 16 percent increase in first-quarter net profit…

Read More

Financial Results

UAE- Emirates NBD Q1 profit surges 27%

April 19, 2018

Emirates NBD announced on Wednesday that first-quarter profit rose 27 per cent rise year-on-year to Dh2.4 billion, underpinned by higher…

Read More

Financial Results

Noor Bank Successfully Issues $500 Million Sukuk

April 19, 2018

Noor Bank, one of the UAE’s leading Shari’a compliant banks, has successfully priced its US$500 million sukuk issuance with a…

Read More

Financial Results

Qatar's Commercial Bank posts first-quarter profit leap

April 18, 2018

Commercial Bank, Qatar's third-largest lender by assets, on Tuesday reported a huge 345 percent jump in first-quarter net profit, beating…

Read More

Financial Results

UAE cbank deposits reach $15 billion in Q1

April 18, 2018

Monetary deposits at the UAE Central Bank stood at Dh55.8 billion ($15.2 billion) in the first quarter of 2018 while…

Read More

Financial Results

Monetary Deposits With Apex Bank Stood At AED55 bn In Q1

April 18, 2018

Monetary deposits at the UAE Central Bank stood at AED55.8 billion in the first quarter of 2018 while withdrawals reached…

Read More

Financial Results

Emirates Islamic Announces Q1 2018 Results

April 18, 2018

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its financial results for the quarter ending…

Read More

Financial Results

Ahlibank net profit rises 3.6% to QR176.1mn in first quarter

April 18, 2018

Ahlibank has posted a first quarter (Q1) net profit of QR176.1mn, up 3.6% (QR6.1mn) on the same period in 2017. …

Read More

Financial Results

Dubai’s Emirates NBD reports 27% rise in first quarter net profit

April 18, 2018

Emirates NBD, Dubai’s biggest lender, reported a 27 per cent rise in first quarter net profit attributed to loan growth…

Read More

Financial Results

Tel Aviv Bourse Sells 19.9% Stake to Manikay Partners

April 17, 2018

Israel’s stock exchange will sell a nearly 20 percent stake to New York-based investment fund Manikay Partners LLC, part of…

Read More