Saudi Arabian Monetary Agency says foreign assets close to SAR 2 trillion
Foreign assets of the Saudi Arabian Monetary Agency and the commercial Saudi banks reached SR1.996 trillion by the end of…
Financial Results
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Dubai’s Q3 2017 business confidence improves
Business leaders in Dubai are more positive about their expectations of business conditions and business confidence in the third quarter…
The Prospects For Middle East Economies Amid New Financial Realities
The Middle East is going through a period of tremendous change, with oil prices remaining the dominant theme driving the…
Saudi's NCB Q2 net profit flat, operating income down
Saudi Arabia's National Commercial Bank, the kingdom's largest lender, reported a 0.9 percent dip in second-quarter net profit on Sunday…
Abu Dhabi Islamic Bank says second quarter profit rises 8.7 per cent
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, said its second-quarter net profit rose 8.7 per cent,…
Dubai economy well positioned for the future with growth to rise next year
Dubai’s economy is forecast to expand 3.6 per cent next year, compared with 2.9 per cent in 2016, as the…
ADIB Net Profit Increases By 14.1% in H1 2017 To AED 1,129.1 Million
Abu Dhabi Islamic Bank delivered a solid set of results with net profit for H1 2017 up 14.1% year-on- year…
RAKBank Group posts profit for first half
The RAKBank Group announced on Monday a consolidated net profit of Dh381.5 million for the half year ended June 30.…
Arab National Bank reports a profit
According to a statement on Tadawul, Arab National Bank (ANB) recorded a net profit of SAR 1,617.1 million for the…
Saudi's Al Rajhi Bank's profits rise 6.3 pct, meets forecasts
Al Rajhi Bank, Saudi Arabia's second-largest bank by assets, on Monday reported a 6.3 percent rise in second-quarter net profit,…
QIIB records QR465.3m net profit in first half
QIIB, one of the leading Islamic lenders in Qatar, has recorded an impressive QR465.3m net profit for the first half…
Banks push Qatar higher, Mobily's loss dampens Saudi
Banks pushed Qatar's stock market higher on Monday while Saudi Arabia's market edged down as telecommunications firm Mobily plunged in…