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…
Financial Results
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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. …
Qatar banking sector total assets scale up 1.7% m-o-m to reach QR1.846tn in June: QNBFS
Qatar banking sector’s total assets have scaled up 1.7% month-on-month (m-o-m) and 1% this year until June to reach QR1.846tn,…
RAKBank reports 60% increase in Q2 net income as bad loans drop and interest income rise
National Bank of Ras Al Khaimah reported a 60 per cent increase in second quarter net income, as interest income…
QIIB announces its results for the first half of 2022
Net profit reaches QR 571 million, reflecting a growth of 5% Total assets stood at QR 63.2 billion, while…
Ahlibank H1 net profit up 7.2% to QR330.7mn
Ahlibank announced a net profit of QR330.7mn for the first half of the year that ended on June 30, 2022,…
Saudi Investment Bank shares jump 2% as it declares $80m dividends for H1
Shares of the Saudi Investment Bank, known as SAIB, surged over 2 percent after it declared cash dividends of SR300…
Abu Dhabi records over AED 22.5bln total of real estate transactions in first half of 2022
As per the latest report released by the Department of Municipalities and Transport (DMT), Abu Dhabi's real estate market sustained…
Saudi Arabia leads GCC with 77% growth in project contract awards in Q2
Saudi Arabia leads the Gulf Cooperation Council region with $16.5 billion worth of projects awarded during the second quarter of…
National Bank of Kuwait reports net profit of KD 237.8mln for the first half of 2022
National Bank of Kuwait has announced its financial results for the six-month period ended 30 June 2022. The Bank reported…
ADIB delivers a strong set of results for H1 2022
Strong year on year Revenue growth driven by core business 30% y-o-y increase in Net Profit to AED 1.4 billion…
Mashreq achieves 17% increase in operating profit and posts AED 1.4bln net profit for 1H 2022
Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the first half…