DFM reports 77% upsurge in net profit during the first half of 2023 to AED 112.2 mln
The trading value for the first half of 2023 reached AED 46 billion. The DFM General Index went up…
Financial Results
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SAB generates SAR3.3bln of net income in H1 2023, up 59% from H1 2022
Saudi Awwal Bank has announced its financial results for the first six months of the period ending on June 30,…
Emirates NBD’s H1 2023 profit surge 130% to a record AED 12.3bln
Emirates NBD’s profit surge 130% to a record AED 12.3 billion in the first half of 2023 on strong Current…
KFH reports record net profit of KD 333.4m in H1
Chairman of Kuwait Finance House (KFH), Hamad Abdulmohsen Al Marzouq said that KFH has, by the grace of Allah, reported…
Saudi National Bank’s second-quarter profit jumps more than 9% to $1.3bn
Saudi National Bank, the largest lender in Saudi Arabia by assets, has reported a 9.3 per cent annual jump in…
QIIB net profit rises 7.7% to QR615m in H1
Chairman of QIIB Board of Directors, Sheikh Abdullah bin Thani bin Abdullah Al Thani announced QIIB’s financial results for the…
Dubai Islamic Bank reports Q2 2023 profit of $436mln
Dubai Islamic Bank has reported a net profit of 1.6 billion dirhams ($436 million) for Q2 2023, up from AED…
Sharjah Islamic Bank net profit up 36.7% at Dh494.6 million in first half of 2023
Sharjah Islamic Bank announced an increase in its operating profit before provisions by 31 per cent, reaching Dh648.7 million, for…
Bank Albilad records 14.5% higher net profits in H1-23
Bank Albilad logged net profits amounting to SAR 1.14 billion in the first half (H1) of 2023, higher by 14.43%…
Al Rajhi Bank’s Q2 profit slips 2.5% to $1.1bln on lower operating income
Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 2.5% decline in Q2 2023 net profit to 4.15…
Ahlibank half yearly net profit jumps 8.8% to QR360mn
Ahlibank posted a net profit of QR360mn for the first half (H1) of 2023, up 8.8% on the same period…
Commercial banks deposits reach QR954.539bn in May
Qatar’s banking sector registered growth in May as commercial banks have witnessed an increase in deposits and credit facilities on…