Gulf lendere QNB posts 9% rise in first-quarter profit
Qatar National Bank (QNB) posted a 9% rise in quarterly profit on Monday, helped by healthy loan growth and cost…
Financial Results
4439 articles found
Al Masraf stages strong comeback with Dh132 million profit in 2021
Arab Bank for Investment and Foreign Trade, popularly known as Al Masraf, on Monday staged a strong comeback with Dh132…
QNB Group: Financial results for the three months ended 31 march 2022
QNB Group has announced its results for the three months ended 31 March 2022. Net Profit for the three…
SNB Capital sees profit leaps for SABIC, Al Rajhi Bank in Q1 2022
Saudi Arabia’s major players, including Saudi Basic Industries Corp. and Al Rajhi Bank, are expected to see a jump in…
GCC banks post $35bn profits on higher revenues in 2021
Total net profits for the GCC banking sector increased by 40 per cent to reach US$35bn in 2021 as compared…
Fitch ratings publishes Turkish banks datawatch: 4Q21
Fitch Ratings’ 4Q21 Turkish Banks Datawatch report covers 13 banks that comprise 81% of total Turkish banking sector assets. It…
FDI inflows into UAE jump 3.9% to reach Dh76 billion in 2021
Foreign direct investment inflows into the UAE reached nearly Dh76 billion (USD 20.7 billion) in 2021, a 3.9 per cent…
Banking, financial firms drive QSE listed firms’ profits
Driven by the impressive performance of banking and financial sector companies, the Qatar Stock Exchange (QSE) listed firms have delivered…
Etihad Credit Insurance achieves record-high milestones in 2021
Etihad Credit Insurance (ECI), the UAE federal export credit company, held its first board of directors meeting in 2022, chaired…
Saudi banks continued to post strong credit growth in February, says SAMA report
audi commercial banks’ credit to the private sector rose by SR264 billion ($70.4 billion) in month to SR2.1 trillion at…
Saudi Arabia real GDP grows 6.7% in Q4 2021
Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth…
NBO shareholders approve capital raising plan and dividend payout
National Bank of Oman held its Annual General Meeting and an Extraordinaory Genernal Meeting on 30 March 2022 at the…