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Abu Dhabi banks report over $4.5bn income in H1The net income of commercial and Islamic banks operating in Abu Dhabi amounted to Dh16.6 billion ($4.51 billion) during H1 of 2018, a growth of 8.4 per cent over the corresponding period last year, a media report said. The increas More… |
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UAE in top quartile globally for well-being: BCGThe United Arab Emirates (UAE) is in the top quartile globally when it comes to well-being, according to a new report by management consulting firm The Boston Consulting Group (BCG). The UAE outperforms other GCC countries, as wel More… |
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Bahrain leads GCC in income, infrastructure: BCGBahrain performs particularly better than its GCC peers in the dimensions of income and employment and is in the 2nd quartile globally when it comes to well-being according to a new report by management consulting firm The Boston Consulting Grou More… |
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Saudi Q2 revenues soar 67pc; non-oil up 42pcSaudi Arabia's total revenues for the second quarter of the fiscal 2018 amounted to SR273.588 billion ($72.94 billion), an increase of 67 per cent over the same quarter last year, the Ministry of Finance's quarterly report said. More… |
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Saudi Q2 revenues soar 67pc to $72.94bnSaudi Arabia's total revenues for the second quarter of the fiscal 2018 amounted to SR273.588 billion ($72.94 billion), an increase of 67 per cent over the same quarter last year, the Ministry of Finance's quarterly report said. More… |
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Sony reports $1.78bn operating income in Q1Sony Corporation reported a record first-quarter (ending June 30, 2018) operating income of $1.78 billion (¥195 billion), a 24 per cent increase compared to $1.42 billion (¥157.6 billion) in Q1 of the previous year. The co More… |
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Saudi Q3 non-oil income up 80pc; revenues rise 11pcSaudi Arabia's non-oil revenues increased 80 per cent in the third quarter compared to the same period in 2016, confirming the feasibility of economic reforms, officials said. Total revenues for the third q More… |
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Saudi Q3 non-oil income up 80pc; revenues rise 11pcSaudi Arabia's non-oil revenues increased 80 per cent in the third quarter compared to the same period in 2016, confirming the feasibility of economic reforms, officials said. Total revenues for the third q More… |
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Abu Dhabi-based banks net $2.07bn income in Q2The net income of commercial and Islamic banks in the Emirate of Abu Dhabi amounted to Dh7.6 billion ($2.07 billion) during the second quarter of 2017, with commercial banks accounting for 83.1 percent of the net income of all banks operating in More… |
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Abu Dhabi banks post $2.45bn income in Q2The net income of Abu Dhabi-based commercial banks amounted to Dh9 billion ($2.45 billion) during Q2 2017, a growth of 4.1 per cent from Dh8.64 billion during the corresponding period in 2016. Net interest income amounted to Dh5.2 More… |
