Financial Results Archives - Page 41 of 370 - Managers of Wealth Middle East

Egypt's business conditions deteriorate amid high prices, weak demand

February 3, 2022

Business conditions in Egypt’s non-oil private sector economy deteriorated in January amid weaker demand and inflationary pressures, according to a…

Financial Results

Saudi SABIC Q4 net profit rises to $1.32bln on higher prices, sales

February 3, 2022

Petrochemicals giant Saudi Basic Industries Corporation (SABIC) on Thursday said it made 4.93 billion riyals ($1.32 billion) in net profit…

Financial Results

Saudi National Bank reports 11% rise in 2021 income amid continued economic recovery

February 3, 2022

Saudi National Bank, the kingdom’s biggest lender by assets, reported an 11 per cent increase in 2021 profit as operating…

Comment & Analysis

Business activity in Arab world's largest economies continued to improve in January

February 3, 2022

Business activity in the non-oil private sector economies of Saudi Arabia and the UAE continued to expand in January, although…

Financial Results

Dubai Investments firm net profit grew by 78% to $168m

February 2, 2022

Dubai Investments, a diversified investment firm, has reported a significant increase in profits for 2021, buoyed by strong business performance.…

Financial Results

RAKBANK profit rises to $206mln in 2021

February 2, 2022

RAKBANK’s profits were up by 50 percent in 2021, increasing to AED 758.3 million ($206 million) from AED 505.4 million…

Comment & Analysis

Turkish banking sector records USD7B in net profit

February 2, 2022

According to a Turkish bank regulator, the country’s banking sector recorded a net profit of 92.1 billion Turkish liras (USD7…

Financial Results

Sharjah Islamic Bank's net profit up 26.7% in 2021

February 2, 2022

Sharjah Islamic Bank reported on Wednesday a 26.7 percent increase in net profit for 2021 on the back of a…

Comment & Analysis

QNB continues to be most valuable banking brand in region

February 1, 2022

QNB Group, the largest financial institution in the Middle East and Africa, continues to be the most valuable banking brand…

Financial Results

ADCB quarterly net profit up 44%

February 1, 2022

Abu Dhabi Commercial Bank, UAE's third-biggest lender, beat expectations with a 44% rise in fourth-quarter net profit, boosted by higher…

Financial Results

Mashreq Bank is latest UAE bank to confirm a Dh1b profit for 2021

February 1, 2022

Mashreq has become the latest UAE bank to report a Dh1 billion or plus profit for 2021, and providing more…

Financial Results

Dubai Financial Market net profits down to $28mln for 2021

February 1, 2022

Dubai Financial Market (DFM) has announced that its profits in 2021 fell to AED 103.8 million ($28 million) from AED…

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