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- AD Ports to set up industrial, logistics park near Port Said
- Jafza hailed as vital pillar of Dubai's economy
- Qatar's economic growth expected to 'broadly steady' this year; sharp pickup seen in 2026: NBK
- Oman-Russia Business Forum seeks investment opportunities
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- Adnoc Gas announces Q1 net income of $1.27 billion
- SABIC losses narrow to $320m in Q1
- Gulf Bank conducts tenth edition of 'Ajyal' program for new employees
- Zain's internal innovation program 'ZAINIAC' invests in AI startup Actly
- Yango Play & CARI announce strategic partnership to deliver unmatched value to customers in Kuwait
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 | 401.90 | -0.60 (-0.15 |
| FAB | 15.20 | 0.00 (0.00 |
| EMIRATESNBD | 21.35 | 0.65 (3.14 |
| ADCB | 11.70 | -0.08 (-0.68 |
| ADIB | 18.66 | 0.18 (0.97 |
06/05/2025
AD Ports Group, and the General Authority for Suez Canal Economic Zone (SCZONE), the integrated investment destination for linking industry and global trade, have signed a 50-year renewable usufruct
Trade Arabia
06/05/2025
ADNOC Gas on Monday announced net income of $1.27 billion and EBITDA of $2.16 billion for the first quarter of 2025, exceeding the equivalent quarter in 2024 by 7% and 4% respectively.
The p
Khaleej Times
06/05/2025
SABIC, a global leader in chemicals, reported a net loss of SAR1.2 billion ($320 million) for the first quarter of 2025, representing a 36% improvement compared to a net loss of SAR1.9 billion in the
Trade Arabia
06/05/2025
As part of its ongoing commitment to growing and nurturing national talent within the banking and financial sectors, Gulf Bank has successfully concluded the 10th edition of its "Ajyal" program. Span
Kuwait Times
06/05/2025
ZAINIAC, Zain's internal innovation program, has made a strategic investment in Actly, an AI startup founded by Zain Kuwait employee Ahmad Al-Obaid, who will also serve as the entity's CEO. This grou
Kuwait Times
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