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QIIB
du 9M profit up 10.8%
Revenue grows as connectivity demand supports earnings
Al Rajhi Bank 9M profit up
Revenue growth lifts earnings despite higher provisions
Mashreq prices Dim Sum bond
UAE bank raises offshore renminbi funding
Aldar buys Sharjah homes
Deal adds 1,100-plus rental units
SIB profit up 9%
Higher income from financing and investment drive growth.
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‘We may do it a little bit further’: Trump signals further Iran strikes as Hormuz attacks escalate
Lana Nusseibeh enters race to become the next United Nations Secretary-General
du 9M profit up 10.8%
Israeli attacks kill 7 Palestinians in Gaza as France and Qatar call for two-state solution
IRGC announces shift to ‘offensive and asymmetrical’ doctrine in case of attack
Al Rajhi Bank 9M profit up
UAE launches AI-powered tourist VAT refund platform
Rubio warns Iran peace deal remains extremely difficult
Nasdaq Dubai lists $1.55 billion in Congo sovereign bonds
Trump threatens Iran with economic and military pressure as Tehran weighs retaliation
QIIB profit climbs 7.7 percent
Its net profit for H1 of 2023 jumped to US$169 million.
QIIB 2021 profit at $276m
This was an increase of 7 percent in net profit year on year.
Moody’s ranks QIIB ‘stable’
It has also has assigned the Qatari bank an A2 rating.