Cairo, : aiBANK has announced its business results for the first quarter of 2022, which testify to a strong performance driven by the developments the bank is witnessing, including the restructuring process and the entry of new investors against the background of the acquisition transaction at the end of 2021 , which saw the entry … Read more
Proposed final dividend of $ 5 million, at $ 0.02 per share, 2.7% higher year-on-year The real estate portfolio achieved an occupancy rate of 80% amid stable market conditions in the second half of the year The net asset value as of March 31, 2022 is $ 167 million, or $ 0.67 per share The … Read more
Balance sheet growth of 1.3% year-on-year during 2021 to reach $ 8 billion Project financing assets grew by 19% to $ 4.6 billion The growth in total net income over the past year to approximately $ 112.9 million, compared to $ 90.6 million in the year 2020 The Arab Petroleum Investments Corporation (APICORP), a multilateral … Read more
Mecca, Kingdom of Saudi Arabia: Jabal Omar Development Company (the “Company”) (Tadawul: 4250), one of the largest real estate developers in the Kingdom of Saudi Arabia, today announced its first quarter financial results for the period ended 31 March 2022. Striking financial results thousand real (unless otherwise noted) First term 2022 First term 2021 Annual … Read more
Manama, Bahrain: Ithmaar Holding Company BSC (Bahrain Stock Exchange and Dubai Financial Market Symbol: ITHMR), the Bahrain-based holding company, reported a profit in the first quarter when it announced its financial results for the three-month period that ends March 31, 2022. This was stated by the Chairman of the Board of Directors of Ithmaar Holding … Read more
The company is focused on expanding its business in 2022 driven by digital transformation initiatives and a strong investment strategy Most notable results: The company’s net profit for the first quarter 2022 amounted to 15.10 million dirhams Gross written premiums of AED 305 million despite market challenges Strong performance of subsidiaries in Egypt and Algeria, … Read more