Saudi NCB net profit up 11.8 pct as expenses, impairments drop
Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender, reported an 11.8 percent rise in fourth-quarter net profit on…
Financial Results
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ABG Egypt net profits rises 42pc
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group and its investment arm in Egypt, yesterday…
International Bank of Qatar Reports 11 Percent Growth in Net Profit for 2017
International Bank of Qatar yesterday announced its financials for 2017 and reported a net profit of QR555.1m, up 11 percent…
Egypt net foreign reserves rise to $38.2bln at end-Jan
Egypt's foreign reserves registered in January the biggest month-on-month jump since July last year as the country pushed forward with…
CBI 2017 net profit surges 40pc to $47.6m
Dubai-based Commercial Bank International has posted a net profit of Dh175 million ($47.6 million) for 2017 as compared to Dh125…
ADIB fourth-quarter net profit up 33.4% on fees income, lower impairments
Profits at Abu Dhabi Islamic Bank, the capital’s biggest Sharia-compliant lender, rose 33.4 per cent increase in the fourth quarter…
National Bank of Fujairah posts net profit of Dh471.9 million
The National Bank of Fujairah has reported net profit of Dh471.9 million for the year ended December 31, 2017, compared…
KFH Capital Trusts KFH Group performance in Q1 2018
Chief Investment Banking Officer of KFH Capital, investment arm of KFH Group “KFH”, Mr. Abdullah Al-Haddad said that KFH Capital…
Oman Arab Bank reveals Hasaad Savings Scheme for 2018
Oman Arab Bank encouraging the savings habit with customers, has announced the new ‘Hasaad’ Savings Scheme for 2018. The…
Dubai Islamic Bank issues $1 billion senior unsecured Sukuk
The issuance emanating from DIB’s $5 billion Sukuk Programme carries a profit rate of 3.625 per cent and is the…
Bank Sohar posts 33 per cent growth in net profit
Bank Sohar’s 2017 performance was catalysed by rapid progress on all business fronts – a direct outcome of concerted customer-centric…
TAKAUD DIFC's strategies for HNWIs post record returns in 2017
TAKAUD DIFC, which arranges deals in investments and advice on financial products for high-net-worth individuals (HNWI) and for employee savings…