#income

Dubai's Emirates NBD reshuffles management team

Emirates NBD’s full-year profit rises 40% to $3.53bn

The lender reported a 36 per cent growth in total income, equalling Dhs32.5bn

First Abu Dhabi Bank reports highest ever net profit in 2022

First Abu Dhabi Bank reports highest ever net profit in 2022

The bank’s total income stood at Dhs23.9bn, increasing 10 per cent year-on-year, compared to Dhs21.7bn recorded in 2021

Dubai Islamic Bank

2022: Dubai Islamic Bank reports highest ever net profit

The bank reported Dhs14bn in total income for 2022, registering a 20 per cent year-on-year rise

Qatar's QNB reports 9% rise in net profit to hit $3.9bn

2022: Qatar’s QNB reports 9% rise in net profit to hit $3.9bn

The lender’s operating income increased 24 per cent to reach $9.6bn

Emirates NBD

Emirates NBD reports 25% rise in net profit for first nine months of 2022

The lender posted total income of Dhs22.7bn, rising 31 per cent year-on-year

ADIB reports highest quarterly net profit for Q3 2022

ADIB reports highest quarterly net profit for Q3 2022, crossing Dhs1bn

The bank registered Dhs2.45bn in net profit for the first nine months of 2022

Dubai Islamic Bank

Dubai Islamic Bank posts 34% rise in group net profit for Q1-Q3 2022

The bank reported total income of Dhs9.873bn, rising 10 per cent year-on-year, compared to Dhs8.94bn last year

Abu Dhabi’s Mubadala reports 2021 as strongest financial year ever

Mubadala invested Dhs125bn in 2021 in high-growth sectors including technology, life sciences and consumer goods

Q1 2022: First Abu Dhabi Bank reports highest ever quarterly net profit

The lender’s quarterly group net profit, equalling Dhs5.1bn, rose 107 per cent year-on-year from Dhs2.5bn recorded in Q1 2021

Dubai Islamic Bank

Dubai Islamic Bank posts 58% rise in net profit for Q1 2022

The bank’s total income reached Dhs3.01bn, recording growth of 6 per cent year-on-year compared to Dhs2.84bn achieved in Q1 2021

Aldar

UAE’s Aldar reports Dhs688m net profit in Q1 2022

Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent

Standard Chartered closes transition trade facility

StanChart plans to exit seven markets in Africa, Middle East

The markets it plans to exit made up about 1 per cent of total group income in 2021

Emirates NBD

Dubai’s Emirates NBD reports 17% year-on-year rise in net profit for H1 2021

Total income declined 9 per cent year-on-year to Dhs11.54bn

Mubadala keeping pace with KKR as $29bn deployed last year

For 2020, Mubadala said its total comprehensive income rose to Dhs72bn

National Bank of Fujairah reports 44.3% year-on-year dip in Q1 net profit

Its total assets reached Dhs39.1bn compared to Dhs39.9bn at 2020 year-end and Dhs43.3bn as at March 31, 2020

Saudi chemical giant SABIC sees vaccinations boosting income

SABIC earned net income of SAR40m in 2020, down sharply from SAR5.2bn in 2019

National Bank of Fujairah posts net loss of Dhs475m for 2020

The decline was attributed to a substantial increase in impairment provisions and lower operating profit

Emirates NBD

Dubai’s Emirates NBD reports a 52% slide in net profit for 2020

Total income of Dhs23.2bn improved 4 per cent year-on-year

Saudi Aramco maintains dividend despite 45% slump in profit

Income still increased for the first time in five quarters as oil prices steadied

Dubai’s NBF posts 87% dip in net profit for first nine months of 2020

Its operating profit of Dhs707.3m for Q1-Q3 2020 plummeted from Dhs862.3m during the same period last year

Emirates NBD

Dubai’s Emirates NBD records 55% net profit dip for first nine months of 2020

Total income for the first nine months of 2020 amounted to Dhs18.27bn

UAE’s RAKBANK reports 44.7% dip in net profit for H1 2020

The bank’s total income for H1 2020 declined by 4.5 per cent compared to H1 2019

Abu Dhabi’s Mubadala posts 324% increase in 2019 income

At end of 2019, its assets under management (AUM) stood at Dhs853bn, compared to Dhs840bn in 2018