Kuwait banking sector records highest growth in total assets
With banks looking to navigate through pandemic driven difficulties toward economic recovery and stability, KPMG published the eighth edition of…
Retail Banking
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KPMG publishes eighth edition of the GCC listed banks’ results
With banks looking to navigate through pandemic-driven difficulties toward economic recovery and stability, KPMG published the eighth edition of its…
Emirates NBD posts record breaking profit of $1.633bln for Q1 2023
Emirates NBD has seen its quarterly profits double year-on-year (YoY) to AED 6 billion ($1.633 billion), with income exceeding AED…
UAE' biggest bank FAB powers up with Dh3.9b Q1-2023 net profit
The UAE's biggest bank FAB has had a good start to 2023 - but with first quarter 2023 net profit…
RAKBANK delivers the highest annual profit growth in over a decade
Highest net profit growth rate in over a decade. A high single digit income growth supported by robust increases on…
Emirates NBD introduces new banking proposition
Emirates NBD has introduced a new banking proposition within its Priority Banking segment, to cater to its elite and affluent…
UAE banks team up to help SMEs amid $30bn finance support pledge
UAE banks are joining forces to help boost economic prospects for SMEs in the country. Emirates Development Bank and…
Emirates Development Bank and Emirates Islamic announce collaboration in the UAE
Emirates Development Bank , a key financial engine for the economic development and industrial advancement of the nation, and Emirates…
Dubai Islamic Bank First Quarter 2023 Group Financial Results
Significant rise in Total Income of 47% YoY to AED 4.4 billion. Net profit of AED 1.5 billion, strong growth…
National Bank of Kuwait Q1 2023 net profit up 15%
National Bank of Kuwait (NBK), the Gulf country's largest lender, posted a net profit of 134 million dinars ($437 million)…
United Arab Bank reports financial results for the quarter ending 31st March 2023
Q1 2023 Highlights 80% increase in Q1 2023 Net Profit compared to Q1 2022 Net Interest income increased by 38%…
Qatar's QIIB first quarter net profit jumps 7.1% to $95mln
QIIB has posted a first quarter (Q1) net profit of QR316mn, up 7.1% on the same period last year. …