QIB posts profit of QAR 1,815mln for the six months’ period ended 30 June 2022
Qatar Islamic Bank has announced the results for the six months’ period ended 30 June 2022. Net Profit attributable to…
Financial Results
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Dukhan Bank records 27% increase in net profit
Dukhan Bank has announced its financial results for the first half of 2022 recording a net profit of QR745m, representing…
Oman’s Bank Muscat H1 2022 net profit rises 5% to $258mln
Bank Muscat, Oman’s largest bank by assets, saw its H1 2022 net profit rise by 5% to 99.26 million riyals…
Bahrain national product exports jump 43% to $3.59bln in Q2
Bahrain’s exports of national origin jumped 43% reaching BD1.351 billion ($3.59 billion) in the second quarter of 2022, compared to…
Islamic finance industry to witness double-digit growth in 2022-2023
Stronger economic growth in core Islamic finance countries is expected to boost industry assets about 10 per cent from 2022…
Saudi industrial production index up 24% in May
The Saudi industrial production index (IPI) increased in May by 24% compared to the same period last year, according to…
Dubai Chamber of Commerce members' exports rise 28% in May
Dubai Chamber of Commerce member companies' exports and re-exports rose 28 per cent in May to the highest level since…
UAE top lender FAB posts record profit helped by stake sale
First Abu Dhabi Bank, the United Arab Emirates' biggest lender, reported on Thursday its highest ever quarterly net profit, helped…
Mashreq Posts AED 606 Million Net Profit For 1Q 2022
Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the quarter ending…
Magnati sale raises UAE’s First Gulf Bank's Q1 net profit to $1.4bln
First Abu Dhabi Bank’s (FAB) net profit has more than doubled in Q1 2022, boosted by the sale of a…
Doha Bank net surges 5.6% year-on-year to QR401mn in Q1
Doha Bank has reported a 5.6% year-on-year increase in net profit to QR401mn in the first quarter (Q1) of this…
QIC Group reports robust net profit of QR230mn in first quarter
Qatar Insurance Company registered a “robust” net profit of QR230mn in the first quarter of 2022, QIC announced last night.…