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QIB’s Q1 2024 net profit jumps 5.5% to QAR 955 million

QIB’s Q1 2024 net profit jumps 5.5% to QAR 955 million

Total income for the first three months of the year was QAR 2.81 billion compared to QAR 2.41 billion for the same period in 2023
Emirates NBD’s Q1 2024 profit surges 67% to AED 6.7 billion

Emirates NBD-Egypt’s net profit jumps 174% to EGP 3.24 billion

Net interest income rose by 69%, registering EGP 7.3 billion in 2023, compared to EGP 4.3 billion a year earlier
ADIB full-year net profit rises 45% to AED 5.25 billion

ADIB full year net profit rises 45% to AED 5.25 billion

Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022
NBK-Egypt reports EGP 4.02 billion in annual net profit

NBK-Egypt posts EGP 2.6 billion in Q3 2023 net profit

The bank’s net interest income in the three months to September 30 jumped by 89% to reach EGP 4.9 billion.
Bahrain’s GFH Financial Group posts $78.9 million in nine-month profit

Bahrain’s GFH Financial Group posts $78.9 million in nine-month profit

The group’s total assets increased by nearly 8% to reach $10.54 billion in the nine months to September 30 from $9.76 billion in December 2022.
Kuwait’s NBK sells alternative investments business to Janus Henderson

NBK-Egypt posts EGP 1.57 billion in H1 2023 net profit

NBK-Egypt said its net operating income in the six months to June 30, jumped by 95% to EGP 3.9 billion.
Al Baraka Bank Egypt, Mastercard partner to advance banking experience

Al Baraka Bank posts EGP 1.02 billion in profit H1 2023

The bank achieved a net profit margin of 5.2% compared to 4.3% in the first half of 2022
Crédit Agricole Egypt’s H1 2023 profit jumps 146% to $81.2 million

Crédit Agricole Egypt posts $81.2 million in H1 net profit, up 146%

The bank said its net banking income surged by more than 108% year-on-year to reach EGP 4.5 billion
Karim Awad, EFG Hermes Holding’s Group CEO

EFG Hermes’s Q1 2023 profit jumps 157% to $28.6 million

The bank said its net profit after tax and minority reached $28.6 million (EGP 885 million) in Q1 2023
Commercial International Bank, IBM to integrate banking services

Commercial International Bank FY profit jumps 21% on higher revenues

Commercial International Bank (CIB) reported a rise of 21% in 2022 net profit, with revenue boosted by the bank’s solid grounding and robust balance...