UAE’s non-oil trade reached Dh1.6tr in 2016
The UAE’s non-oil trade increased by 1 per cent in 2016 to reach Dh1.6 trillion compared to a year earlier…
Financial Results
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Abu Dhabi National Takaful announces 2016 financial results
The company published a net profit of AED 48.4 million for the year 2016 compared to AED 41.5 million for…
Ajman Bank reports Dh26m first quarter net profits
Ajman Bank on Sunday reported Dh26 million net profits for the first quarter of 2017, down 13 per cent compared…
Six new projects await Al Mazaya Holding in Kuwait, Dubai and Oman
Al Mazaya Holding has announced its financial statements for Q1 2017, declaring KWD 1.91 million in net profits, a growth…
Abu Dhabi Commercial Bank Q1 profit up 8%
Abu Dhabi Commercial Bank on Sunday posted an 8 per cent rise in first-quarter profit, slightly above analysts’ forecasts, helped…
EIBank reports Dh16.57 million Q1 net profit
Emirates Investment Bank, an independent private bank based in the UAE on Tuesday reported Dh16.57 million net profits for the…
Burgan Bank Group announces 2017 first quarter earnings
Burgan Bank Group announced has its first quarter earnings of financial year 2017. The selective growth approach clubbed with the…
GFH posts net profit of $32 m in Q1 2017
GFH Financial Group has announced a net profit attributable to shareholders of $31.91 million for the first quarter of 2017…
Arab Bank Group reports first quarter 2017 net profits of $ 218.2 million
Arab Bank Group announced its results for the first quarter of 2017 reporting a net profit after tax of $218.2…
Egypt not expected to issue dollar bonds before 2018: BNP Paribas
BNP Paribas said it does not expect Egypt to issue dollar bonds (euro bonds) before the fourth quarter of 2018.…
Jordan's Arab Bank Q1 net profit $218.2 mln vs $218.3 mln
Jordan's Arab Bank Group , the country's largest lender, said its first-quarter net profit was $218.2 million, slightly down from…
This UAE lender sees good days ahead for retail banking
Facing macroeconomic headwinds, retail banking business in the UAE has been facing anaemic asset growth, margin pressures and lingering loan…