Shuaa Capital swings to second-quarter loss amid rising expenses
Dubai-based investment bank Shuaa Capital swung to a loss in the second quarter as expenses rose and net operating loss…
Financial Results
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GFH reports net profit attributable to shareholders of US $42.18mln for first half of 2022
GFH Financial Group B.S.C has announced its financial results for the first six months of the year ended 30 June…
Gulf International Bank achieves 121% in net profit for the first half of 2022
The second quarter of 2022 reported a significant increase in net profit attributable to the Shareholders of the Bank reaching…
EDB approves $653m in finance during H1; up 418%
Emirates Development Bank mobilised AED2.4 billion ($653 million) in loans to the UAE’s industrial sector in the first half (H1)…
Amlak Finance reports 35% higher profit in H1-22
The net earnings of Amlak Finance went up by 35% on a yearly basis by the end of the first…
SABB’s shares rise after H1 profit surges 10% to $559m
Shares of Saudi British Bank increased by 0.72 percent at the end of Wednesday trading, after it announced a 10-percent…
Qatar First Bank posts QAR 42mln net profit in first half of 2022
Qatar First Bank has announced its financial results for the six months’ period ending 30th June 2022, reporting a net…
Al Rajhi Bank’s shares close lower even as profit surges to $2.2bn in H1
Al Rajhi Bank’s shares closed lower on Sunday, coming as a surprise to analysts after posting a higher profit of…
Emirates NBD reports profit of Dhs5.3bn, its highest since 2019
Dubai’s largest lender Emirates NBD delivered its highest first-half profit since 2019. The Q2 profit was exceptionally strong at Dhs3.5bn,…
UAB reports net profit of AED 83.3mln for H1 2022
H1 2022 Highlights: United Arab Bank has announced a net profit of AED 83.3 million for the six month…
NBF posted a solid performance in H1 2022 net profit
Progressive performance underpinned by robust capital adequacy, enhanced balance sheet management and improvement in asset quality NBF has announced…
Saudi lender Arab National Bank reports higher H1 profit of $360m
Saudi Arabia’s Arab National Bank has posted a 29 percent increase in profit during the first half of 2022. …