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- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
- UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22
- Adnoc Distribution to operate 500 high-power EV chargers by 2028
16/02/2018 06:10 AST
Emirates Investment Bank said on Thursday its total assets under management fell 9.5 per cent to Dh10.53 billion compared to Dh11.63 billion in the year-earlier period.
The investment bank reported a 66.8 per cent rise in net profit to Dh56.52 million.
"2017 was a positive year for Emirates Investment Bank despite the ongoing uncertainty in regional markets. Our strategy to further expand our offerings continued to pay off, resulting in steady growth in our net profit and a healthy level of activity across the business. Delivering the best value to our clients remains a key focus for us, and we are constantly looking for opportunities to bring to them that could help achieve their financial objectives," Khaled Sifri, CEO of Emirates Investment Bank, said.
Gulf News
16/01/2018
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced its full-year financial results for 2017, with the bank reporting the highest ever recorded net profit
Press Release
05/12/2017
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its Personal Finance Sale, enabling customers to benefit from discounted profit rates starting from 2.79 per
Press Release
26/11/2017
Emirates Islamic is targeting balance sheet growth and improved profitability along with digitisation. In fact, these two objectives are complementary, according to Wasim Saifi, Deputy CEO, Consumer
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.70 | -0.30 (-0.08 |
| FAB | 13.90 | -0.14 (-1.00 |
| EMIRATESNBD | 20.15 | -0.30 (-1.47 |
| ADCB | 11.10 | -0.22 (-1.95 |
| EIB | 12.25 | 0.00 (0.00 |
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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