Continued, but moderate capital flows to EMs likely in H2: QNB
Continued, but moderate capital flows to Emerging Markets (EM) are likely over the second half of the year, QNB has…
Financial Results
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Bank ABC Islamic announces first half 2020 net profit of US$14.5 million
Bank ABC Islamic – has announces its financial results for the first half ending 30 June 2020. Below are highlights…
Abu Dhabi's Aldar Q2 profit rises 2%
Abu Dhabi developer Aldar Properties reported a 2% rise in second-quarter profit on Thursday, although the company did not provide…
Eshraq Investments records Q2 2020 net profit of AED 20.45 million
Implementing a comprehensive investment strategy to diversify in financial and technology investments Working on regaining sharia compliant status for its…
Demand for Islamic equities lifts QSE more than 49 points
A higher than average demand for the Islamic equities on Thursday lifted the Qatar Stock Exchange more than 49 points…
Gulf International Services records 6% growth in revenue for first half of 2020
Gulf International Services one of the largest diversified service groups in Qatar, reported a net profit of QR54m for the…
UAE banks headed for more job losses in second half of 2020
UAE banks, especially those with large retail operations are headed for more redundancies as businesses is contracting fast and margins…
Shuaa Capital returns back into black
Asset management and investment banking firm Shuaa Capital returned back into black in the first-half of 2020, posting net profit…
Al Salam Bank Reports a Net Profit Attributable to Shareholders of BD 7.1 Million in the First Half of 2020
Al Salam Bank-Bahrain (“ASBB”) (Bahrain Bourse Trading Code: “SALAM”; Dubai Financial Market Trading Code: “SALAM_BAH”) reported a net profit attributable…
Abu Dhabi Islamic Bank reports H1 2020 net profit of AED587.6 million
Abu Dhabi Islamic Bank (ADIB) today reported a net profit of AED587.6 million and AED 2.5 billion in net revenue…
Al Baraka Banking Group first-half profit falls as pandemic provisions soar 345%
Islamic bank Al Baraka posted $47.09 million in half-yearly profit attributable to equity holders, a fall of 16% compared to…
Emaar Malls posts $94mln H1 net profit
Emaar Malls, the Dubai-based developer of shopping malls and retail assets, announced on Tuesday a first-half net profit of Dh345…