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Banking & Finance

EFG Holding’s quarterly profit surges by 95% to EGP 791 million

MEA Finance - 0
The banking group’s commercial banking division posted EGP 426 million in Q2 net profit, a 55% YoY as revenue growth outpaced the growth in expenses
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Banking & Finance

Mashreq’s net profit in H1 2024 increases 14% to AED4 billion

MEA Finance - 0
The bank’s non-interest income rose to AED 1.9 billion, demonstrating a robust 26% growth YoY
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Banking & Finance

Dubai Islamic Bank posts AED 3.4 billion in half-year net profit

MEA Finance - 0
The bank’s total income soared by 21.3% YoY to AED 11.3 billion, showcasing its ability to drive substantial revenue growth
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Banking & Finance

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

MEA Finance - 0
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
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Banking & Finance

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

MEA Finance - 0
Net interest income rose by 69%, registering EGP 7.3 billion in 2023, compared to EGP 4.3 billion a year earlier
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Banking & Finance

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

MEA Finance - 0
The bank’s net interest income in the three months to September 30 jumped by 89% to reach EGP 4.9 billion.
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Banking & Finance

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

MEA Finance - 0
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
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Banking & Finance

NBK – Bahrain posts KWD 51.7 million in H1 2023 profit

MEA Finance - 0
NBK Group possesses a unique advantage as a result of its extensive geographical footprint
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Banking & Finance

NBK-Egypt posts EGP 1.57 billion in half-year net profit

MEA Finance - 0
The bank’s net interest income soared by 88.2% to reach EGP 3.2 billion compared to EGP 1.7 billion a year ago.
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Banking & Finance

GFH Financial Group posts $54.62 million in half-year profit

MEA Finance - 0
Major contributions included income generated from the placement of the group’s global and regional investments, commercial banking business and treasury activities
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