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Ajman Bank Q1 net shoots up 139pc to record $29.24mAjman Bank has reported an all-time high quarterly profit in Q1 2024 of AED107.4 million ($29.24 million), a 139% surge on Q1 2023. This is on the back of a 7.0% increase in total operating income to AED4 More… |
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ADCB Q1 net before tax jumps 26pc to $660mADCB has continued its growth momentum into 2024, delivering a first quarter (Q1) net profit before tax of AED2.431 billion ($660 million), an increase of 26% year on year. Net profit after tax was AED2.139 billion, with a return on average ta More… |
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Air Arabia’s Q1 net profit surges 17% to hit $93mAir Arabia, a leading low-cost carrier operator in the Mena region, has reported a net profit of AED342 million ($93 million) for the first quarter (Q1) of 2023, an increase of 17 percent compared to AED291 million registered in Q1 2022. More… |
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Mezzan Holding Q1 2023 net soars 45.1pc to $14.03mMezzan Holding, a leading manufacturer and distributor of food, beverage, FMCG, and pharmaceutical products in the Gulf, has seen its first-quarter net profit to parent company shareholders soar 45.1% to KD4.3 million ($14.03 million). More… |
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Mezzan Holding Q1 2023 net soars 45.1pc to $14.03mMezzan Holding, a leading manufacturer and distributor of food, beverage, FMCG, and pharmaceutical products in the Gulf, has seen its first-quarter net profit to parent company shareholders soar 45.1% to KD4.3 million ($14.03 million). More… |
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anb Q1 net profit jumps 64.1pc to $284.7mArab National Bank (anb) has seen its first-quarter (Q1) net profit jump 64.1% to $284.7 million, compared to $173.5 million for the same period last year. anb total operating income for the first quarter of 20 More… |
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Jazeera Airways posts $7.48m net profit in Q1Jazeera Airways has achieved a net profit of KD2.3 million ($7.48 million) for the first quarter (Q1) of 2023, compared to KD3.8 million in Q1 of 2022, when the strong demand post-pandemic was reflected in higher fares. Total reve More… |
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Arab Bank Group Q1 profit surges 30% to $216mArab Bank Group has reported solid results for the first quarter 2023, with 30% increase in net income after tax reaching $216 million as compared to $166 million for the same period last year. The Group maintained its strong capi More… |
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Al Salam Bank Q1 net profit rises a robust 7pc to $17.3mAl Salam Bank, a leading regional Islamic bank headquartered in Bahrain, posted a 7% rise in Q1 net profit attributable to shareholders to BD6.5 million ($17.3 million) compared to BD6.1 million for Q1 2021. More… |
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Kamco Invest Q1 net profit up 132% to $11.7mKuwait-based Kamco Invest, a regional financial powerhouse, has reported a net profit of KD3.6 million ($11.7 million) in the first quarter (Q1) of 2022, compared to KD1.5 million during Q1 2021, marking an increase of 132.7%. Tot More… |
