Bringing the money back home
Contradicting previous expectations, Egyptian expatriate remittances from abroad recorded an increase of $3.3 billion in the first nine months of…
Financial Results
4429 articles found
Qatar’s general PPI rises 4.9% in August: PSA
Qatar’s General Producer Price Index of August increased by 4.9% when compared with previous month, the Planning and Statistics Authority …
QIIB becomes first Islamic bank in Qatar to launch card for domestic work
QIIB has launched its latest bank payment solutions, a card for domestic workers, thus becoming the first Islamic bank in…
23.2 billion riyals are the profits of local and foreign banks…
Profits of “Saudi and foreign” banks operating in the Kingdom declined by 31.5 percent, equivalent to 10.7 billion riyals during…
UAE national banks’ total assets reached Dhs2.8 trillion in July
The total value of national banks’ assets rose by around 0.7 per cent on a monthly basis in July to…
Qatar- Umnia Bank's services and products witness steady growth: Sheikh Dr Khalid
Umnia Bank's Board of Directors recently held a meeting, chaired by Sheikh Dr Khalid bin Thani bin Abdullah al-Thani, chairman…
Qatari Islamic banks’ balance sheet grew to nearly $90bn in 2019: S&P
The balance sheet of Islamic banks in Qatar grew to nearly $90bn in 2019 compared with $82.6bn in 2018, a…
$2.5t Islamic finance sector to rebound gradually
The $2.5 trillion global Islamic finance industry is on course to return to slow growth in 2021 after recovering from…
UAE's GDP growth for 2020 to contract by 5.2% – Central Bank
The UAE economy is expected to face further contraction, with a decline in GDP of 5.2 percent in 2020 compared…
Saudi's Arab National Bank CEO quits post after 15 years
The CEO of Saudi Arabia’s Arab National Bank has quit his post after more than 15 years with the company.…
Non-performing loans in Egypt’s banks drop to 3.9% end-June
Non-performing loans in banks working in the Egyptian market decreased to 3.9% of the total loan portfolio at the end…
Turkish banking sector’s credit volume increases
The Turkish banking sector’s credit volume increased by over TL 15.18 billion ($2.01 billion) in the week of Sept. 4-11,…