Tag: Banking
SALAMA declares AED13.65 million profit for Q1 2020
UAE’s biggest and oldest takaful provider, Islamic Arab Insurance Company (SALAMA) has published its evaluated financial results for the quarter ending March 31, 2020...
ICD profit surges 16.9% to Dh 25 billion; Assets reach Dh...
Dubai's sovereign wealth fund Investment Corporation of Dubai (ICD) has reported that its net profit for 2020 has surged 16.9 percent to reach Dh...
Bahrain Islamic Bank encourages customers to use its Digital Platforms
Since the start of the COVID-19 pandemic, Bahrain Islamic Bank (BisB) has driven swift and necessary precautions at its branches and financial malls to...
Bahrain’s ila Bank collaborates with RHF to enable customers to donate...
Bahrain’s fast-growing digital mobile-only bank ila Bank, powered by Bank ABC, has acknowledged of an alliance with the Royal Humanitarian Foundation (RHF) to allow...
Abu Dhabi’s Commercial and Islamic banks report Q1 net income close...
According to the latest data revealed by Statistics Centre-Abu Dhabi, Region's Commercial and Islamic banks posted a total net income of around AED 9.6...
ADIB reports Q1 profit of Dh 269.7 million
UAE's Abu Dhabi Islamic Bank (ADIB) has announced a YOY net profit of Dh269.7 million in the first quarter of 2020.
The bank attributed the...
Oman Arab Bank facilitates donations through its OAB App
Country's third-largest bank, Oman Arab Bank has launched a special dedicated platform or giving donations through the OAB app. Customers who wish to contribute...
Growmore Group Acquires Medicinos Bankas
Growmore Group, a global investment and financial services conglomerate with businesses across the UAE, UK, Switzerland, India and the Caribbean, has entered into an...
