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- Saudi Awwal Bank launches a world class Innovation Centre to provide financial services
- Indian rupee firms up again - UAE, Saudi Arabia's NRIs delay money transfers
- Dubai's Tecom Group turns in another profit gain in Q1-2025
- BNY gets license for Saudi regional HQ as global banks grow presence
- Closing Bell: Saudi main index closes in red at 11,543
- TotalEnergies, OQEP break ground at Marsa LNG
- Riyadh Air enters key deals covering 125 countries
- 3 contracts signed for $1.6bn Marsa LNG Project in Sohar
- GIS reports net profit of QR222m in Q1, reflecting 38% year-on-year growth
- QAMCO posts record net profit of QR156m
Financing and investing receivables grew by 17 per cent
23/10/2014 05:31 AST
Emirates Islamic (EI), the Islamic Bank belonging to Emirates NBD group reported a net profit of Dh256 million net profit for the first 9 moths of 2014.
The bank continued to deliver healthy performance with total income, net of customers' share of profit up by 27 per cent to Dh1.41 billion from the compared to the first nine months of 2013.
Financing and investing receivables grew by 17 per cent to Dh25.3 billion from the end of 2013. EI's focus in 2014 has been on growing the SME portfolio supported by an increased product offering.
Islamic banking revenue improved 24 per cent year on year. Islamic Banking business continued to develop through a strengthened core franchise coupled with an expansion of retail, SME, and corporate offerings, Emirates NBD said in a statement.
Gulf News
07/07/2016
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Emirates Insurance Company P.S.C. (EIC) (United Arab Emirates). The outlook for each rat
Business Wire
23/10/2014
Sharjah Islamic Bank (SIB) announced Dh295 million net profits, up 33.5 per cent for the first nine months of 2014 compared to Dh221 million achieved in the same period last year.
Net custom
Gulf News
17/06/2014
The nomination committee of Emirates Insurance Co announced on Monday that it has reviewed the credentials of the nominees to fill the two vacant board positions. The election will take place during
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 402.50 | 0.00 (0.00 |
| FAB | 15.20 | 0.10 (0.66 |
| EMIRATESNBD | 20.70 | 0.15 (0.72 |
| ADCB | 11.78 | 0.20 (1.72 |
| ADIB | 18.48 | 0.02 (0.10 |
02/05/2025
Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, announced the inauguration of its Innovation Centre on Thursday, May 1. The facility is designed to inspire and accele
Saudi Gazette
02/05/2025
Dubai's Tecom Group has come up with net profits of Dh360.8 million for the January to March 2025 period, and quite a healthy gain on the Dh292.5 million from the year ago status.
The compan
Gulfnews
02/05/2025
Gulf International Services reported a net profit of QR222m for the three-month period ended 31 March 2025, with an earnings per share of QR 0.119.
The Group reported strong revenue growth f
The Peninsula
02/05/2025
Qatar Aluminum Manufacturing Company (QAMCO), a 50% joint venture partner in Qatar Aluminum Company (Qatalum), reported a net profit of QR156m for the three-month period ended 31 March 2025, with an
The Peninsula
01/05/2025
Beyon announced its financial results for the first quarter of 2025.
Beyon reported net profit attributable to equity holders of BHD 18.1M (US$ 48.0M) for Q1 2025, a 4% decrease from BHD 18
BNA
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia