Emirates NBD posts record breaking profit of $1.633bln for Q1 2023
Emirates NBD has seen its quarterly profits double year-on-year (YoY) to AED 6 billion ($1.633 billion), with income exceeding AED…
Financial Results
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UAE' biggest bank FAB powers up with Dh3.9b Q1-2023 net profit
The UAE's biggest bank FAB has had a good start to 2023 - but with first quarter 2023 net profit…
RAKBANK delivers the highest annual profit growth in over a decade
Highest net profit growth rate in over a decade. A high single digit income growth supported by robust increases on…
United Arab Bank reports financial results for the quarter ending 31st March 2023
Q1 2023 Highlights 80% increase in Q1 2023 Net Profit compared to Q1 2022 Net Interest income increased by 38%…
Qatar's QIIB first quarter net profit jumps 7.1% to $95mln
QIIB has posted a first quarter (Q1) net profit of QR316mn, up 7.1% on the same period last year. …
Qatar: Dukhan Bank AGM approves 16% cash dividend for 2022
The shareholders of the newly-listed Dukhan Bank have approved 16% cash dividend for 2022. At the annual general assembly…
FABMISR reports EGP 4.5bln net profit in 2022
First Abu Dhabi Bank Misr has reported a net profit of EGP4.5 billion, during the fiscal year ending December 31,…
Dubai's DEPA posts higher revenue for 2022 on post-COVID recovery
Interior design and specialty contractor Depa PLC, in which the Saudi sovereign wealth fund recently bought a controlling stake, posted…
National Bank of Fujairah approves dividend for 2022
The National Bank of Fujairah held its Annual General Assembly Meeting on Thursday, where shareholders approved the distribution of profits…
SABIC’s revenue rises by 13% to $53bn in 2022
Saudi Basic Industries Corp. has reported a 13 percent rise in total revenue to SR198.47 billion ($52.88 billion) in 2022,…
Saudi SABIC posts 28% drop in 2022 net profit, warns of margin pressure in H1
Saudi Basic Industries Corp (SABIC), one of the world’s biggest petrochemicals firms, said on Tuesday its full-year 2022 net profit…
Al Baraka Group’s 2022 net profit increases by 52% to $239mln
Al Baraka Group has announced its financial results for the fourth quarter (“the quarter”) and twelve months ended 31 December…