Emirates Islamic’s profit surges 56% to AED 1.65 billionfor the first nine months of 2023

PRESS RELEASE: Dubai, 26 October 2023 Emirates Islamic Records Remarkable Growth in 2023 Emirates Islamic, a leading Islamic bank in the UAE, has reported its highest-ever 9-month profit, achieving a remarkable surge of 56% to AED 1.65 billion during the first nine months of 2023. This exceptional performance was driven by increased funded and non-funded…

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Al Ansari Financial Services Shareholders Approve Interim Dividend Of 4 Fils/Share

PRESS RELEASE: BY ALANSARI ON NOV 02, 2023 Al Ansari Financial Services Shareholders Approve Interim Dividend Of 4 Fils/Share In a significant move, shareholders of Al Ansari Financial Services have given their approval for an interim dividend payout of 4 fils per share. The company, which held its inaugural General Assembly Meeting on November 1,…

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ADX weekly updates

Market Update: Key Developments in the UAE Stock Market 1. Weekly Performance Recap:The Abu Dhabi Securities Exchange (ADX) experienced a slight decline of 0.4% last week, as investors exercised caution amidst heightened regional tension. However, some stocks, including Burjeel, Palm Sports, CBI, Sharjah Cement, and ESG, demonstrated strong performance. 2. Financial Highlights: 3. Market Movements…

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