Saudi National Bank reports 11% rise in 2021 income amid continued economic recovery
Saudi National Bank, the kingdom’s biggest lender by assets, reported an 11 per cent increase in 2021 profit as operating…
Financial Results
4439 articles found
Business activity in Arab world's largest economies continued to improve in January
Business activity in the non-oil private sector economies of Saudi Arabia and the UAE continued to expand in January, although…
Dubai Investments firm net profit grew by 78% to $168m
Dubai Investments, a diversified investment firm, has reported a significant increase in profits for 2021, buoyed by strong business performance.…
RAKBANK profit rises to $206mln in 2021
RAKBANK’s profits were up by 50 percent in 2021, increasing to AED 758.3 million ($206 million) from AED 505.4 million…
Turkish banking sector records USD7B in net profit
According to a Turkish bank regulator, the country’s banking sector recorded a net profit of 92.1 billion Turkish liras (USD7…
Sharjah Islamic Bank's net profit up 26.7% in 2021
Sharjah Islamic Bank reported on Wednesday a 26.7 percent increase in net profit for 2021 on the back of a…
QNB continues to be most valuable banking brand in region
QNB Group, the largest financial institution in the Middle East and Africa, continues to be the most valuable banking brand…
ADCB quarterly net profit up 44%
Abu Dhabi Commercial Bank, UAE's third-biggest lender, beat expectations with a 44% rise in fourth-quarter net profit, boosted by higher…
Mashreq Bank is latest UAE bank to confirm a Dh1b profit for 2021
Mashreq has become the latest UAE bank to report a Dh1 billion or plus profit for 2021, and providing more…
Dubai Financial Market net profits down to $28mln for 2021
Dubai Financial Market (DFM) has announced that its profits in 2021 fell to AED 103.8 million ($28 million) from AED…
Jordan's Arab Bank records 61% surge in 2021 profit
Arab Bank, Jordan's biggest lender, reported a 61 per cent surge in its 2021 net profit, as net interest and…
UAE largest bank achieves record profit
The UAE's largest bank, First Abu Dhabi Bank (FAB), said on Thursday it scooped record annual net profit of $3.4…