10 UAE banks report assets of over $475bn in Q1
The total assets of 10 UAE banks jumped to Dh1.75 trillion ($476 billion) by the end of Q1 2017, a…
Financial Results
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Doha bank achieves 2.9 per cent profit growth with impressive ratios
HE Sheikh Fahad said “This is another outstanding result and is clear demonstration that Doha Bank continues to perform consistently.”…
Tadawul index slips 1%
The Tadawul All Share Index slipped 1 percent on Tuesday. Some investors have been worried by the fact that…
Dubai bank Emirates NBD Q1 net profit rises 4 pct
Emirates NBD, Dubai's largest lender, posted a four percent rise in first-quarter net profit on Wednesday. The bank made…
Dubai's Emirates NBD Q1 profit rises 4 pct, meets forecasts
Emirates NBD, Dubai's largest lender, reported a 4 percent rise in first-quarter net profit on Wednesday as expenses and provisions…
Emirates Islamic posts strong profit growth in first quarter
Emirates Islamic, an Islamic financial institution belonging to Emirates NBD Group, reported on Wednesday a net profit of Dh221 million…
Emirates NBD profit up in first quarter on lower costs
Dubai’s biggest bank said it expects the rate of economic growth in the country to improve to 3.4 per cent…
Emirates NBD announces Q1 2017 results
The operating performance was helped by a control on expenses and lower provisions. Net interest income improved one per…
Emirates Islamic reports AED 221 million in net profits for the first quarter
According to a statement from the Islamic Bank, net profit for the first quarter of 2017 stands at AED 221…
UAE ranked among top global destinations for FDI
The UAE has returned to the A.T. Kearney FDI Confidence Index this year with the global ranking at 21 and…
Saudi Al Rajhi Bank net profit up 10.1 percent, RBS-backed Alawwal's profit drop
Al Rajhi Bank 1120.SE, Saudi Arabia's second-largest lender by assets, reported a 10.1 percent rise in its first-quarter net profit…
Report: 62% Of MENA Bank Account Holders Adopt Digital Banking
A majority of people in the Middle East and North Africa remain unbanked, but a recent report by Arabnet, a…