Emirates Investment Bank P.J.S.C. (EIBAN.DU)

Emirates Investment Bank reports financial results for the first nine months of 2019

Net profit reached AED 21.50 million for the nine-month period ended 30 September 2019

Emirates Investment Bank reports financial results for the second quarter of 2019

Q2 2019 net profit at AED 11.92 million, up by 0.9% compared to same period last year (Q2 2018: AED 11.81 million)

EIBank names Imad Bou Khouzam Interim CEO

Imad has been with EIBank as Chief Financial Officer since 2017, where he leads the finance, operations and IT departments

Gulf Capital acquires 70% of Medica

Gulf Capital is actively targeting investments in the fast-growing beauty and healthcare sectors

EIBank CEO Resigns

IFC, National Bank of Iraq partner to boost access to finance for SMEs, create jobs

IFC's $10 million loan to NBI will allow the bank to increase lending to small businesses in Iraq across a range of sectors

Saudi EXIM Bank, Japan's SMBC, sign MoU

More global deal making to secure financing & insurance solutions that help Saudi exporters reach Southeast Asia & the world

NBF delivered robust nine month results with profit up 36.4%

Reflecting on-going focus on quality core business supported by strong capital adequacy and liquidity position

China's ICBC to provide $470bln of energy financing over next 5 yrs

The tie-up will also see ICBC and the NEA explore ways to promote green energy development and carbon neutrality

Fitch places Al Khalij Commercial Bank on rating watch negative

A full list of rating actions is at the end of this rating action commentary

Mideast Stocks: Abu Dhabi falls, Saudi gains as major Gulf bourses end mixed

Abu Dhabi's stock index ended lower on Monday

Telecom Zain KSA profits drop 36% for first 9 months of 2021

The decline is due to a 1% drop in revenue, as well as rising revenue costs by 19%, the company said

Saudi mining company Ma’aden turns $826mln profit in first nine months of 2021

The recovery is due to higher average sales prices of all products except gold, the company said

Alinma Bank achieves net profits in Q3

Assets grew by 12.8% year-on-year

APICORP plans another debt issuance in 2022 as it expands renewable portfolio, CEO say

Saudi Arabia-based bank is now becoming very aggressive in building a sustainable and renewable portfolio