United Arab Bank net profit up 45% for first half of 2023
United Arab Bank announced on Monday that it posted a net profit of Dh120.5 million for H1 2023, compared to…
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Sharjah Islamic Bank net profit up 36.7% at Dh494.6 million in first half of 2023
Sharjah Islamic Bank announced an increase in its operating profit before provisions by 31 per cent, reaching Dh648.7 million, for…
Bank Albilad records 14.5% higher net profits in H1-23
Bank Albilad logged net profits amounting to SAR 1.14 billion in the first half (H1) of 2023, higher by 14.43%…
ADIB rings market-opening bell to mark the listing of $750mln AT1 Sukuk on London Stock Exchange main market
Abu Dhabi Islamic Bank, a leading financial institution in the UAE, celebrated a significant milestone by ringing the market-opening bell…
Bank of Bahrain and Kuwait B.S.C. Reports Earnings Results for the Second Quarter
Bank of Bahrain and Kuwait B.S.C. reported earnings results for the second quarter and six months ended June 30, 2023.…
Al Rajhi Bank’s Q2 profit slips 2.5% to $1.1bln on lower operating income
Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 2.5% decline in Q2 2023 net profit to 4.15…
The Central Bank of the UAE and Dubai Police sign MoU to enhance cooperation mechanisms for information exchange on financial crimes
The Central Bank of the UAE and the Dubai Police signed a memorandum of understanding (MoU) to promote cooperation coordination…
ADCB reports record half-year net profit of AED 3.811bln, up 25%
Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the second quarter of 2023…
UAE's top bank FAB Q2 profit up 61%, beating estimates
First Abu Dhabi Bank , the UAE's biggest lender by assets, on Thursday said its second-quarter profit rose 61% from…
Ahlibank half yearly net profit jumps 8.8% to QR360mn
Ahlibank posted a net profit of QR360mn for the first half (H1) of 2023, up 8.8% on the same period…
Commercial banks deposits reach QR954.539bn in May
Qatar’s banking sector registered growth in May as commercial banks have witnessed an increase in deposits and credit facilities on…
Oman Arab Bank appointed as lead arranger in $1.2bln syndicated loan for OQ Gas network
Oman Arab Bank has been appointed as one of the lead arrangers for a USD 1.2B syndicated loan for OQ…