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Gender diversity plays key role in firms’ profitability: ACCACompanies with higher gender diversity are 21% more likely to post above-average profitability making it vital for companies to tap the potential within the society and work towards gender-equality in the workplace, statistics show. More… |
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Gender diversity plays key role in firms’ profitability: ACCACompanies with higher gender diversity are 21% more likely to post above-average profitability making it vital for companies to tap the potential within the society and work towards gender-equality in the workplace, statistics show. More… |
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When rates drop, GCC banks' profitability will follow: S&PGulf Cooperation Council (GCC) banks’ profitability is expected to remain strong in 2024, but suffer a slight deterioration in 2025, as the Fed could start cutting rates in December 2024, and most GCC central banks are likely to follow s More… |
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Gulf Air honours airport staff for outstanding contributionsBahrain's national carrier Gulf Air recently celebrated the outstanding achievements of its country managers and airport managers at the awards ceremony, held as part of its International Conference ”Towards a Sustainable Future&rdqu More… |
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GCC banks’ credit growth, profitability to stay strong: S&PS&P Global Ratings forecasts credit growth and profitability will remain strong for Gulf Cooperation Council (GCC) banks and banking systems in 2024, but anticipates a slight softening from 2023 levels. More… |
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Positive trend in the UAE banking sector's profitability: A&MThe majority of banks in the UAE saw an increase in operating income (+3.2% QoQ) in the second quarter (Q2) on the back of moderate increase in non-interest income (+7.7% QoQ) and lower impairment charges. All More… |
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GCC-listed banks’ profitability jumps 25.3pc in 2022: KPMGProfitability of GCC-listed banks in 2022 jumped 25.3% driven particularly by a growth in loan books, increased interest margins, lower loan impairment and a continued focus on cost efficiencies. More… |
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Profitability of Saudi Arabia’s biggest banks 'takes a hit' in Q1Profitability of the top 10 lenders in Saudi Arabia in Q1 continues to be affected by slower growth in operating income and higher impairment charges, said leading global professional services firm Alvarez & Marsal (A&M). More… |
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Airlines cut losses in 2022; return to profit in 2023: IATAThe global airline industry is expected to return to profitability in 2023 as airlines continue to cut losses stemming from the effects of the Covid-19 pandemic to their business in 2022, said the International Air Transport Association (IATA). More… |
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UAE’s top 10 banks’ profitability soars to 15.1% in Q3The top 10 UAE banks have reported higher profitability as return on equity (RoE) improved by 1.3 percent quarter-on-quarter (QoQ) to 15.1 percent in the third quarter (Q3), a report said. Meanwhile, return on assets (RoA) improve More… |
