GFH Bank, a leading dynamic bank in the GCC region, has reported a 16.5% growth in its net profit for the first quarter which rose to $35.1 million supported by growth across its core business lines despite the regional developments and heightened market uncertainty.
India and the UAE have signed seven agreements spanning energy, defence, infrastructure and shipping during Prime Minister Narendra Modi’s brief visit to UAE, the first stop of his five‑nation tour. Giving fresh impetus to the Comprehensive Strategic Partnership, the UAE has announced $5 billion investments in India.
National Bank of Bahrain (NBB) has reported a net profit attributable to shareholders of BHD20.6 million ($54.6 million) for the first quarter ended March 31, 2026, representing a 27% decrease from BHD28.1 million ($74.5 million) reported in the first quarter of 2025 or a 2% increase from the normalised 2025 profit of BHD20.2 million ($53.6 million).
GFH Bank (GFH) has announced a net profit attributable to shareholders of $35.11 million for the first quarter of 2026 compared to $30.14 million in the same period last year, an increase of 16.5%.
Dubai Holding Real Estate has announced a strategic partnership with Huspy to provide customers of its brands - Nakheel, Meraas and Dubai Properties - with a more seamless and informed home financing experience.
Mint Gateway and Alternative Venture Capital, an affiliated company of Abu Dhabi Capital Group, have received In-Principle Approval from the Central Bank of the UAE to establish OMLA Community Bank, which will be headquartered in Umm Al Quwain with planned operations across the UAE.
Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalise on the growing opportunities across the GCC and Central Asia.
Bank ABC (Arab Banking Corporation) today delivered a resilient start to 2026, reporting a first quarter net profit attributable to the shareholders of the parent of $52 million.
Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported improved net profit attributable to equity holders for the first quarter of the year.
SICO, a leading regional asset manager, broker, and investment bank with a direct presence in Bahrain, the UAE, and Saudi Arabia, has appointed Yousif Bucheeri as Group Deputy Chief Executive Officer for Sell Side business, effective May 13.
