Dubai Islamic Bank 1st Quarter 2022 group financial results
Robust balance sheet growth of 3% YTD reach AED 287 billion. Total income of over AED 3 billion, up 6%…
Financial Results
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Abu Dhabi Commercial Bank's quarterly net profit up 32%
Abu Dhabi Commercial Bank (ADCB), the third-largest lender in the United Arab Emirates, on Monday reported a 32% increase in…
ADCB reports net profit in Q1 2022
Abu Dhabi Commercial Bank PJSC delivered a solid performance in the first quarter of 2022, despite ongoing global uncertainty, recording…
Sharjah’s economy grows 4.8% in 2021, DSCD economic survey reveals
Sharjah’s gross domestic product (GDP) expanded by an annual 4.8% in 2021, as per official data released by the emirate’s…
Bergen records strong growth in the first quarter of 2022
Bergen Bank has announced financial results for the first quarter ending March 31, 2022. The bank had a revenue of…
Burgan Bank Q1 revenue up 10% to top $171mln
Burgan Bank, a leading bank in Kuwait, has reported KD52.6 million ($171.7 million) in revenue for the first quartern (Q1)…
Qatar banks post 24.51% year-on-year rise in provisions in February: QCB
The provisions towards expected credit loss grew slower (year-on-year) than the total provisions in Qatar's commercial lenders in February, according…
Gross UAE banks’ assets rise to $905bln
Gross assets of banks in the UAE, including bankers’ acceptances, increased by 0.8 per cent to Dh3.322 trillion at the…
QIIB net profit rises 5% to QR294.9m in Q1
Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, Chairman, QIIB’s Board of Directors announced the bank’s financial results for…
Banque Saudi Fransi first-quarter net profit up 12% on higher operating income
Banque Saudi Fransi posted a 12 per cent increase in first-quarter net profit as operating income rose and expenses fell.…
KFH records $227.6mln net profit for Q1
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net…
Dubai lender Emirates NBD posts highest quarterly net profit of $735mln
Dubai lender Emirates NBD reported on Wednesday a net profit of AED 2.7 billion ($735 million), the highest in a…