Abu Dhabi Commercial Bank reports record quarterly net profit of $433mln
Abu Dhabi Commercial Bank PJSC has reported its financial results for the third quarter of 2022 (Q3’22). Solid earnings growth…
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Dubai Islamic Bank Nine Months 2022 Group Financial Results
Significant increase in profitability of 34% YoY to reach to AED 4.1 billion, highest ever nine-month performance in history. Considerable…
Interest rate increases and macroeconomic tailwinds ‘to boost profitability of UAE banks’
Higher interest rates and a broad-based recovery of the UAE’s economy from the Covid-19 pandemic-induced slowdown are expected to boost…
Qatar's Commercial Bank revenues exceed $600m in 9 months
The Commercial Bank of Qatar yesterday said its revenues had reached a total of 2.201 billion riyals ($604.7 million) in…
Al-Mansour Bank share price increases 14%
A recent research report by Rabee Securities showed that Al-Mansour Bank's net profit after tax decreased 8% quarter-on-quarter, during the…
Al-Marzouq: KFH Achieved KD 205.8 Million Net Profit up to the end of Q3 2022; an increase of 22.4%
Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net profit…
National Bank of Kuwait logs $1.2bln 9M net profit
National Bank of Kuwait has announced its financial results for the nine-month period ended 30 September 2022. The Bank reported…
BisB launches corporate branding services for startups and SME’s
Bahrain Islamic Bank, a leading provider of Islamic digital banking services in the Kingdom of Bahrain, revealed its latest innovative…
United Arab Bank launches ‘Tomouh' to empower Emirati graduates
United Arab Bank has launched "Tomouh" program aimed at supporting and upgrading the national talents and empower Emirati graduates. …
Emirates Development Bank approves Dhs4.4bn in loans in first nine months of 2022
Emirates Development Bank recently held its annual board meeting to review its results for the period ending September 30. …
Burgan Bank takes part in KBA’s 80 years of banking event
The impressive legacy of the Kuwaiti banking sector since its founding and its achievements during 80 years of banking in…
QIB posts profit of QAR 2,850mln for the nine months’ period ended 30 September 2022
Qatar Islamic Bank has announced the results for the nine months’ period ended 30 September 2022. Net Profit attributable to…