Customer trust in UAE banks remains high, at 76%
More than three-fourth of UAE bank customers trust their banks, with 76 per cent having a high trust in the…
Financial Results
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GCC construction market estimated at $2.5 trillion by end of June
With over 22,000 active projects, the GCC construction market has been estimated to be $2.5 trillion at the end of…
Emirates Islamic Bank nets Dh12m as first-half 2020 profit
Emirates Islamic, part of Emirates NBD Group, reported net profits of Dh12 million for the first-half of 2020, attributing the…
Emirates NBD reports Dh4.1b first-half 2020 net profit, down 45% year-on-year
Emirates NBD has reported Dh4.1 billion as net profit for the first six months of 2020, down 45 per cent…
Emirates Islamic announces First Half 2020 Financial results
Emirates Islamic has announced its financial results for the half year ending 30 June, 2020. The Bank reported a…
Ahlibank posts half-yearly net profit of QR294mn
Ahlibank has posted a net profit of QR294mn for the first six months of the year (H1) that ended in…
Saudi economy likely worse in Q2 despite June improvement – c.bank governor
Saudi Arabia's economy likely deteriorated more in the second quarter than in the first three months of the year, the…
MENA M&A transactions totaled $50 billion in the first half of 2020
Refinitiv released the 2020 first half investment banking analysis for the Middle East and North Africa MENA Investment banking…
QIB posts profit of QAR 1,426.5 Million for the six months’ period ended 30 June 2020 Total Assets reach QAR 165.8 Billion
Qatar Islamic Bank has announced the results for the six months’ period ended 30 June 2020. Net Profit attributable to…
Saudi banks’ profitability witnessed improvement in Q1 2020
Leading global professional services firm Alvarez & Marsal released its first ever edition of the KSA Banking Pulse. The…
QIB posts QR1.42bn profit in H1; total assets reach QR165.8bn
Qatar Islamic Bank recorded a net profit worth QR1.42bn in the first half of 2020, while total assets stood at…
Masraf Al Rayan half-yearly net profit surges to QR1.08bn
Masraf Al Rayan posted a net profit of QR1.08bn for the six months that ended in June, up 0.5% compared…