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Financial Results


Cabinet Holds Its Weekly Meeting in NAC, Discusses Number of Important Files
EG >> 4/3/2024 - Wall Street shifted between small gains and losses in premarket trading, a day after anxiety over the potential for fewer interest rate cuts dragged markets to their worst day in weeks.

Dow...
Wall Street Mixed Before The Bell Following The Worst Day for Markets in Weeks
EG >> 4/3/2024 - Wall Street shifted between small gains and losses in premarket trading, a day after anxiety over the potential for fewer interest rate cuts dragged markets to their worst day in weeks.

Dow...
UNITED ARAB BANK Reports Net Profit of AED209 Million for First Nine Months of 2023
AE >> 10/24/2023 - United Arab Bank P.J.S.C ("UAB" or "the Bank") announces its Financial Results for the nine months ended 30th September 2023.

UAB posted a Net Profit of AED 209 million for the first nine m...
Yalla Group Records Aed561 Million in First Half Revenues
AE >> 8/15/2023 -  Yalla Group Limited today announced its unaudited financial results for the first half of the fiscal year 2023, ending on 30th June.

According to the financial results, Yalla’s H1 revenues...
Yahsat Reports Revenue of AED753 Million in H1 2023
AE >> 8/8/2023 - Al Yah Satellite Communications Company (Yahsat) announced its consolidated financial results for the six months ended 30th June 2023.

Revenue for the first half of the year was stable at A...
AD Ports Group Reports AED1,817 Million in Q1 Revenue
AE >> 5/15/2023 -  AD Ports Group today said its revenue grew 73% YoY to AED1,817 million in Q1 2023.

In a statement, the Group said the growth is driven by the robust performance of its Maritime, Economic C...
Borouge Reports $1.4 Billion Net Profit During 2022
AE >> 2/2/2023 - Borouge today announced its financial results for the twelve-month and three-month periods ended 31st December 2022, with strong year-on-year growth in sales volumes driving healthy revenue growth.
AED 3.7 Billion Net Profit for Mashreq Bank in 2022
AE >> 1/30/2023 -  Mashreq, a leading financial institution in the Middle East and North Africa, reported its financial results for the year ending December 31, 2022.

The bank's operating profit was AED 4.4...
Amanat Reports 6% Growth in Adjusted Net Profit During Jan-Sep 2022
AE >> 11/15/2022 - Amanat Holdings PJSC announced its financial results for the nine-months ended 30th September, 2022.

The company's adjusted net profit grew 6 percent to AED60.8 million in the first nine mo...
Aramco's Q2 Net Income Rises 90% Yoy To $48.4 Billion
AE >> 8/14/2022 - The Saudi Arabian Oil Company (Aramco or the Company) today announced its financial results for the second quarter of 2022, posting a 90% year-on-year (YoY) increase in net income and declaring a divi...
Minister: Afreximbank Achieves Positive Results Despite Global Challenges, Income Up 15%
EG >> 6/18/2022 - The African Export-Import Bank (Afreximbank) has managed to achieve positive financial results over the past two years despite global challenges, Minister of Finance and Chairperson of Afreximbank's G...
Multiply Group to Invest US$50 Million As Cornerstone Investor in Abu Dhabi-Based Borouge's IPO
AE >> 5/23/2022 - Multiply Group, a technology-focused holding company based in Abu Dhabi, today announced it has agreed to purchase shares in the forthcoming Initial Public Offering (IPO) of Borouge for a total amount...
Yalla Group Reports Record Revenues of AED 265.7 Million in Q1 2022
AE >> 5/17/2022 -  Yalla Group Limited, the UAE-based leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), announced its financial results for the first quarter...
Misr Cement Co. (Qena) Consolidated Net Profits Surged to Egp 45.1 Mln in Q3 of 2020
EG >> 11/16/2020 - Misr Cement Co. (Qena), listed on the Egyptian Stock Exchange EGX as MCQE, witnessed an increase in its net profits in the third quarter of 2020 to reach EGP 39.20 million, up from EGP 29.70 million i...
Allianz Egypt's Profits Record EGP 490 Mln in FY 2019/20, Total Business EGP 5.3 Bln
EG >> 11/11/2020 - Allianz Egypt, a life insurance service provider, announced its business has grown by 35 percent, with life assurance at 29 percent and property and casualty (P&C) insurance in FY 2019/2020, making pr...
Ministry of Finance Organises Workshops on Mnes Reports
AE >> 11/3/2020 - The Ministry of Finance, MoF, has organised two virtual workshops titled ‘The Frameworks of implementing legislation governing Multinational Groups of Entities, MNEs, reports from 2-3 November 2020.
Sharjah Islamic Bank General Assembly Proposes 10% Dividend
AE >> 2/23/2020 - During the 44th General Assembly of the Sharjah Islamic Bank, SIB, held on Saturday, 10 percent of the profits were distributed to shareholders, including five percent in cash and five percent of bonu...
Dubai Aerospace Announces Financial Results for 2019
AE >> 2/19/2020 - Dubai Aerospace Enterprise, DAE, reported its financial results for full year , announcing a total revenue of US$1,421.3 million.

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DAE, co...
Banque Du Caire Records Net Profit of Nearly EGP 4 Billion, Growth Rate of 59%
EG >> 2/18/2020 - Banque du Caire’s business results show significant growth in all business sectors in Egypt by the end of the fiscal year 2019 in excess of the targeted rates.

The bank’s profits before taxes...
DFM Posts Net Profit of AED 95.5 Million in First Nine Months Of 2019
EG >> 11/6/2019 - The Dubai Financial Market, DFM, today announced its financial results for the first nine months of the year ending 30th September, 2019, registering a net profit of AED95.5 million, an eight percent ...
JBA, Lebanese Embassy's Trade Attaché Discuss Enhancing Economic Ties
JO >> 8/28/2019 - Kuwaiti economists described trading of shares in the banking sector enlisted in Boursa Kuwait as "stable" and most committed to seasonal disclosure. In separate statements.

The economists no...
Kuwaiti Experts: Banking Shares' Trading Stable
KW >> 8/28/2019 - Kuwaiti economists described trading of shares in the banking sector enlisted in Boursa Kuwait as "stable" and most committed to seasonal disclosure.

In separate statements to KUNA, the econ...
Kuwaiti Experts: Banking Shares' Trading Stable
KW >> 8/28/2019 - Kuwaiti economists described trading of shares in the banking sector enlisted in Boursa Kuwait as "stable" and most committed to seasonal disclosure.

In separate statements to KUNA, the econ...
TAQA Records 5% Revenue Growth in H1 2019 To Reach AED9 Billion
AE >> 8/8/2019 -  Abu Dhabi National Energy Company announced its financial results and operational highlights for the six-month period ending June 30, 2019.

TAQA recorded AED 9 billion of revenue in the firs...
Alba Wraps Sales, Production With Double-Digit Volume Increase in Q2 2019
BH >> 7/7/2019 - Aluminium Bahrain B.S.C. (Alba), on course to be transformed into the largest smelter in the world with the full ramp-up of Line 6 on 31 July 2019, stretchesits overall sales’ volume and throughput,in...
Abu Dhabi Islamic Bank Revenues for Q1 2019 Increase By 5.3%
AE >> 4/22/2019 - Abu Dhabi Islamic Bank (ADIB) reported a net profit growth of 1.7% for Q1 2019 to AED 600.3 million. Revenues increased by 5.3% to AED 1,436.6 million driven by growth in customer financing of 2.8% to...
United Arab Bank Reports Net Profit of AED77 Million in 2018
AE >> 3/3/2019 -  United Arab Bank, UAB, has reported its financial results for the 12 months ended on 31st December, 2018. UAB reported a net profit of AED77 million in 2018 which represents an increase of 345 percen...
Dubai's Investment Corporation Achieves 10.0 Billion Net Profit in H1 2018
AE >> 12/18/2018 - Investment Corporation of Dubai, ICD, has announced its consolidated financial results for the six month period ended 30th June, 2018, having achieved revenues of AED115.1 billion and net profit of AE...
SHUAA Capital Registers AED30.1 Million Q3 2018 Net Profit
AE >> 11/6/2018 - SHUAA Capital has reported its financial results for the quarter ended 30th September, 2018, with AED30.1 million in net profits, up 31 percent year on year, the group’s highest quarterly figure since...
Fab Reports 3q Net Profit Of Aed3 Bn, Up16% Year-On-Year
AE >> 10/22/2018 -  First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, reported its financial results for the nine-month period ended 30 September 2018 ....
Sharjah Islamic Bank's Net Profits Up 4% ?n H1
AE >> 7/15/2018 - Sharjah Islamic Bank (SIB) has achieved a net profits of AED 283.0 million of the first half 2018 compared to AED 272.9 million same period last year; a 4 percent increase.

According to first...
Egypt Continues Economic Reforms with Cuts to Fuel Subsidies
EG >> 6/22/2018 - Despite social and other challenges, the government is pressing ahead with its economic reform programme Whoever said that the fasting month of Ramadan and the Eid are quiet was quite mistaken. This ...
Bfinance Minister: Egypt Achieves Initial Surplus Of EGP 1.9 Bln For 1st Time In 10 Years
EG >> 6/13/2018 - Finance Minister Amr el Garhi announced that the general budget achieved an initial surplus for the first time in more than 10 years, amounting to EGP 1.9 billion, compared to a deficit of EGP 47 bill...
RAKBANK Group Reports Net Profit Of AED205 Million For Q1 2018
AE >> 4/29/2018 -  The National Bank of Ras Al-Khaimah, RAKBANK, has announced a consolidated net profit of AED205.1 million, an increase of AED50.4 million over the first quarter of 2017.

The Total Assets stoo...
Adntc Announces Annual Financial Results with Combined Net Profit of Aed64.6 Million
AE >> 4/10/2018 - Abu Dhabi National Takaful Company, ADNTC, has announced its financial results for the year ended 31st December 2017.

The company posted a combined net profit of AED64.6 million for the year ...
First Abu Dhabi Bank Posts AED10.92b Net Profit In 2017
AE >> 1/29/2018 -  First Abu Dhabi Bank, FAB, the UAE’s largest bank and one of the world’s leading and safest financial institutions, reported its financial results for the full year ended 31 December 2017.

F...
Finance Ministry Issued Its 2nd Quarterly Report on Performance of State's Budget
SA >> 8/14/2017 - The Ministry of Finance announced that total revenues for the second quarter of the fiscal year 1438/1439H (2017) amounted to SR 163,906 billion, registering a rise of 6% over the same quarter last ye...
Dubai: Investment Corporation of Dubai Grows Portfolio 6.9% to AED 769.9 Billion
AE >> 7/20/2017 - The Investment Corporation of Dubai has announced its consolidated financial results for the year ended 31st December 2016 demonstrating robust revenues of AED176.3 billion and a net profit of AED22.1...
DUBAI: DFM Posts Net Profit of AED 102.34 Million during Q1 of 2017
AE >> 5/8/2017 - The Dubai Financial Market Company, DFM, announced its financial results for the first quarter of the year ending 31 March 2017, reporting a net profit of AED102.34 million, a 19 percent increase com...
Dubai: Emirates Investment Bank Reports Financial Results for the First Quarter of 2017
AE >> 5/2/2017 -  Emirates Investment Bank announced that its Q1 2017 net profit tripled to AED16.57 million, comparing to AED4.88 million in Q1 2016. The bank also said that Q1 2017 operating income doubled to AED47...
Bank of Sharjah Posts AED 58 Million in Net Profit for Q1 2017
AE >> 4/30/2017 - Bank of Sharjah announced its financial results for the three months ending March31, 2017.

The bank’s total assets reached AED 28,880 million, an increase of 4 percent over the correspondin...
Dubai May Continue to Shine, Cement Sector Would Weigh on Saudi
AE >> 4/19/2017 - Dubai's stock market may again outperform its regional peers on Wednesday after a strong gain , while first-quarter earnings reports from the Saudi construction materials sector may weigh on that mark...
Orange Egypt records losses in 2016, blames pound flotation
EG >> 2/22/2017 - Egypt’s second largest mobile operator, Orange Egypt, announced on its 2016 consolidated financial results, recording a net loss of EGP 2.5 billion in 2016 compared to a net profit of EGP 10.3 million...
Emirates NBD named ‘Bank of the Year - UAE 2016’ by The Banker
AE >> 12/21/2016 - Emirates NBD, a leading bank in the region,announced that it has been named The Banker’s ‘Bank of the Year – UAE 2016’. The awards, considered among the most prestigious by the global banking communit...
Dubai Financial Market Adds 2,627 New Investors
AE >> 10/30/2016 - The Dubai Financial Market, DFM, has successfully attracted 2,627 new investors during the first nine months of 2016 including 418 institutions, lifting the total number of DFM-registered investors to...
Amlak Finance Registers Net Profit of AED 59 million in 2014
AE >> 3/12/2015 - Amlak Finance, a Dubai-based real estate financier in the Middle East, recorded net profit attributable to its equity holders (after non-controlling interest) of AED59 million in 2014.

The ...
Mashreq Bank Records Increase Of 33% in Net Profit, 2014
AE >> 1/19/2015 - Mashreq bank delivered strong financial results for the year ending 2014, reporting a net profit of AED2,401 million, an increase of 33.0% as compared to 2013, and earnings per share strengthened to A...
Etisalat Continues to Achieve Strong Financial Results
AE >> 10/29/2014 - Etisalat announced its consolidated financial results for the third quarter of 2014, showing an increase in year-on-year consolidated revenues and subscribers in both the U.A.E. and its international ...
Egypt Stocks Rise 1% on Corporate Tax Law Changes
EG >> 5/15/2013 - Egypt's benchmark EGX30 index rose by 1 percent to 5,455 points in a session that saw atypically high daily turnover of some LE1.1 billion, including LE695 million in bond trading.

"Investo...
Egypt Market Rebounds Slightly
EG >> 3/6/2013 - Egyptian stocks ended the day in the green, offsetting some of the losses seen within the last two days, with the benchmark EGX30 index gaining 0.42 percent to alight at 5,263 points. The broader-base...

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