#financial results

UAE top 10 banks see profits drop by 38.9% in H1 2020: KPMG

Non-performing loan ratio increases from 3.8% in December 2019 to 4.1% in June 2020

Oman’s top banks see 34.2% decline in profits: KPMG

Increase in non-performing loans squeezed banks’ profits in the GCC country

Saudi Aramco reports 21% profit drop for 2019 on lower oil prices

Brent crude averaged $64.12 a barrel in 2019 compared with $71.67 the previous year