Commercial Bank of Dubai’s H1 profit up 27.5 per cent year on year
Commercial Bank of Dubai (CBD) has delivered a net profit of Dh676 million for the first half of 2021, up…
Financial Results
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QIIB announces its results for the first half (H1) of 2021
H.E. Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani, Chairman and Managing Director of QIIB, announced the bank’s results for…
EFG Hermes closes fifth issuance for premium international for credit services in an EGP 211mln securitization transaction
EFG Hermes has announced that it successfully closed the fifth, EGP 211 million issuance of Premium International for Credit Services (Premium)’s EGP…
Saudi investment funds record 11% higher assets in Q1
Mubasher: The total value of assets held by Saudi Arabia's investment funds jumped by 11% to SAR 232.8 billion during…
UAE's first half 2021 bank results point to economic recovery gaining traction
Financial results of UAE banks for the first six months of 2021 point to sustained improvement in profitability supported by…
Global sukuk issuance hits record $100bln in H1 2021- Refinitiv
Sukuk issuance gained momentum in the first half of 2021 as total issuance reached $100 billion compared to $88.7 billion…
Sharjah Islamic Bank's net operating profit increased 26%, net profit 15%
Sharjah Islamic Bank has announced an increase in its operating profit before provisions by 25.6%, amounting to AED 417.3 million for…
Al Khaliji H1 profit surges to QR372mn
Al Khaliji, which is in the process of being merged with Masraf Al Rayan, has reported a 3% year-on-year increase…
Qatar's Al Khalij Commercial Bank H1-21 net profit slightly up at $102mln
Qatar-based Al Khalij Commercial Bank reported a H2-21 net profit of 372 million riyals ($102 million), an increase of 3…
Ahlibank’s Net Profit QR 308 million for the first half of 2021
Ahli Bank QPSC has announced a net profit of QR308.4 million for the first half of 2021, with an increase…
Saudi Social Development Bank plans to boost lending
The Saudi Social Development Bank (SDB) plans to boost its lending to small businesses after providing some SR1.6 billion in…
Businesses set to capitalise on economic recovery in second half
Industry leaders see promising growth prospects as vaccine drive, stimulus plans and visa reforms restore investor, consumer confidence The…