Commercial Bank of Dubai: 9-month net profit up 15%
Tag: jump
Qatar reports 5 per cent jump in net profits
Dubai: Qatar National Bank (QNB), the largest lender by assets in the GCC, reported a 5 per cent year-on-year increase in net profit for the third quarter of 2024, driven by higher…
Philippines: 300% jump in cruise tourists, visa ‘liberalisation’ sought to further boost numbers
Tourism Secretary Christina Frasco emphasised the DOT’s focus on expanding cruise destinations and easing visa requirements. This visa easing complements ongoing infrastructure improvements. The Philippine Ports Authority (PPA) is building dedicated cruise…
Online payment frauds jump over 400% in India, RBI data shows
The growing popularity of digital payments creates a bigger target for fraudsters, said Nikhil Jois, head of growth at fraud detection platform Bureau. “Coupled with a lack of financial literacy and imprudent…
Abu Dhabi Islamic Bank posts 41% jump in Q1 pre-tax profit to Dh1.64 billion
Revenue during the period rose to Dh2.5 billion compared to Dh2.0 billion last year, as funded income grew by 19 per cent to Dh1.7 billion compared to Dh1.4 billion last year, driven by higher…
Commercial Bank of Dubai (CBD) sees Q1 pre-tax profit jump 3
“High global market interest rates continued to contribute to the solid net interest income outcome. UAE business activity and business confidence remained impressive and are forecast to continue to be positive across…
Chinese electric vehicle maker BYD targets 20 per cent jump in annual sales
Beijing: Chinese electric vehicle giant BYD set a 3.6 million sales target for 2024, up 20% from its record-breaking sales last year, China Business Network (CBN) reported on Wednesday. The company aims…
UK house prices jump the quickest since 2022, Halifax says
The figures add to evidence that the housing market started the year on a firmer footing after a shallow dip in the middle of last year. Easing mortgage costs and improving confidence…
UAE insurance sector sees assets jump Dh11.5 billion in nine months
The UAE’s leadership position within the Arab insurance landscape is further solidified by its consistent ranking among the top global performers. In 2021, the UAE remained the leading Arab insurance market in…