Arab Bank Group net profit up 61% to $314.5m
Arab Bank Group reported a net income after tax of $314.5 million for 2021, compared with $195.3 million in 2020,…
Financial Results
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Turkish central bank doubles 2022 inflation forecast to 23%
Turkey’s central bank ramped up its year-end annual inflation forecast to 23.2% from a previous 11.8%, but its chief dismissed…
Masraf Al Rayan Reports A Net Profit Of QAR 1,718 Million
Total Income exceeded QAR 5,106 million; Net profit reached QAR 1,718 million; Financing assets reached QAR 121 billion, an increase…
Dubai largest bank say net profits jumped in 2021 as economy rebounded
Dubai's largest bank, Emirates NBD, announced Wednesday that its net profits jumped in 2021, as the economy of the Gulf…
First Abu Dhabi Bank's full-year net profit jumps 19% to $3.4bln
First Abu Dhabi Bank (FAB), the UAE’s biggest lender, reported a “record performance” in 2021, driven by the UAE’s economic…
Emirates NBD's 2021 profit up 34%, says in better shape for higher rates
Emirates NBD's annual profit rose 34% as improved economic activity boosted investment banking income, Dubai's biggest lender said on Wednesday,…
NBK reports net profit of KD 362.2mln for FY 2021
Al-Sayer NBK delivered strong financial results despite the continued challenges posed by the pandemic on operations The flexibility and diversity…
Dubai Islamic Bank's FY net profit climbs 39% despite income drop
Dubai Islamic Bank achieved a full-year 2021 net profit of 4.4 billion dirhams ($1.2 billion), up by 39 percent year-on-year,…
Emirates Islamic's net profit grows to AED 823mln for FY 2021
Emirates Islamic’s net profit jumped to AED 823 million for 2021 on higher non-funded income and a significant reduction in…
National Bank of Fujairah PJSC 2021 net profit surges 124.2%
Strong capital adequacy, ample liquidity and sound improvement in asset quality enabled enhanced returns and strong recovery NBF has announced…
Sovereign Fund of Egypt aims to double $1bn investment portfolio in 2022
The Sovereign Fund of Egypt aims to double its $1 billion investment portfolio this year with a focus on entering…
QIIB releases its financial statement for the financial year 2021
Net profit exceeds one billion riyals, with a growth rate of 7% The Board of Directors recommends the distribution of…