Financial Results

Financial Results

StashAway announces Assets under Management of US$1billion

January 25, 2021

StashAway, Southeast Asia's largest and fastest-growing digital wealth manager for both retail and professional investors, has announced that they're managing…

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Financial Results

MENA M&A transactions reach $70.3 bn in 2020

January 22, 2021

Investment banking fees generated in the Middle East and North Africa (MENA) reached an estimated $1.2 billion during the full…

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Financial Results

Qatar posts robust 5.6% real growth in Q3 of 2020: PSA

January 21, 2021

A strong rebound in wholesale and retail trade, hospitality, utilities, information and communication, and manufacturing sectors helped Qatar post a…

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Financial Results

Egypt expected to restore pre-pandemic real GDP growth at 5.5% during FY2020/21

January 21, 2021

Egypt is expected to be the only country in the Middle East to restore pre-COVID-19 real GDP growth rates in…

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Financial Results

UAE telecom giants Etisalat, Du increase foreign ownership limit to 49%

January 21, 2021

UAE's telecom giants Etisalat and Du have raised foreign ownership caps to 49 percent in a move to attract external…

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Financial Results

Sharjah Islamic Bank posts Dh405.8m 2020 net profit

January 21, 2021

Sharjah Islamic Bank (SIB) on Wednesday reported a net profit of Dh405.8 million compared to Dh545.5 million for the year…

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Financial Results

Ominvest's net profit rises to OMR33.7 million

January 20, 2021

Oman International Development and Investment Company SAOG , one of the oldest and the largest investment company in the Sultanate,…

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Financial Results

Sharjah Islamic Bank achieved a net profit of AED 405.8 million for the year 2020 and propose 8% cash dividend

January 20, 2021

Sharjah Islamic Bank has reports an increase in its operating profits before provisions by 8.7%, amounting to AED 697.7 million,…

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Financial Results

Emirates NBD sees increased remittances via 60 second DirectRemit service

January 20, 2021

Emirates NBD has recorded an increase of over 20% in the number and value of funds transfers via its DirectRemit…

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Financial Results

Qatar banks’ assets rose by 3.7% in first nine months of 2020: PwC

January 20, 2021

The aggregated total assets of Qatar’s eight listed commercial banks on the Qatar Stock Exchange grew by 3.7 percent to…

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Financial Results

QFC posts 63.7% jump in number of new firms in 2020

January 19, 2021

The Qatar Financial Centre has witnessed a "significant" 63.7% year-on-year increase in the number of new firms licensed on its…

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Financial Results

QIB net profit rises to QR3.07bn in 2020

January 19, 2021

Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani, Chairman of Qatar Islamic Bank (QIB) announced yesterday that QIB…

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