Bank ABC 2022 attributable net profit soars 55pc to $154m
Bank ABC (Arab Banking Corporation) has seen its headline net profit attributable to shareholders of the parent company soar 54%…
Financial Results
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SABB increases net profit by 52% to SAR 4,872mln during 2022
Ms. Lubna S. Olayan, Chair of the Board of Directors of Saudi British Bank (‘SABB’), announced the Bank’s financial results…
Dubai Investments' 2022 profit soars to Dh1.6b helped by stake sale in Emirates District Cooling
Dubai Investments, the company behind industrial parks and upscale resort projects, has seen its 2022 net profit zoom to Dh1.6…
ABK announces net profit growth of 19% in 2022
Al Ahli Bank of Kuwait reported a net profit of KD 32.3 million in the financial year 2022. The increase…
GCC banks' lending growth likely to decline: S&P
Tighter local monetary policy conditions and lower economic growth will lead to a decline in lending growth for Gulf Cooperation…
Active contribution to Vision 2030 objectives, Abdullah Al Rajhi Leads alrajhi bank to Record 2022 Profits of SAR 17,151 Million, Up 16%
Mr. Abdullah bin Sulaiman alrajhi, Chairman of the Board of Directors, announced that the Bank earned SAR 17,151 million in…
UAE's biggest bank FAB’s Q4 net profit falls 26%; misses estimate
The UAE’s biggest lender First Abu Dhabi Bank (FAB) posted a Q4 2022 net profit of 2.46 billion dirhams ($…
Emirates NBD 2022 profits up 40% by $3.54bln
Emirates NBD saw its profits rise by 40% in 2022 to reach AED 13 billion ($3.54 billion) after an “exceptionally…
QIB profit grows by 12.7% to reach QAR 4,005mln in 2022
Qatar Islamic Bank has announced the financial results of the fiscal year 2022, ending 31st of December. Net profit attributable…
AXA Egypt targets 30% growth rate in premium portfolio in FY 2022/23
AXA Egypt is targeting achieving a growth rate of 30% in its premium portfolio for fiscal year (FY) 2022/2023, according…
CBI negotiations with Qatar, UAE expected to bear positive results: expert
Economic Expert and University Professor Vahid Shaqaqi, who was among the scholars accompanying the governor of the Central Bank of…
Foreign funds’ net selling drags QSE 41 points; but Islamic stocks outperform
The Qatar Stock Exchange on Tuesday saw more than 61% of the traded constituents make gains, yet it settled in…