ADCB Q3 Profit Before Tax Rises 28% to AED4.063bn
ADCB’s Q3 profit before tax reached AED4.063bn, up 28%; net profit after tax rose 15% to AED3.559bn. Its lower credit-risk guidance remains a forecast.
Middle East and Africa Capital Markets News
Bank of Israel Holds Policy Rate at 3.25%
Israel's central bank held its policy rate at 3.25% on 21 October. September annual inflation was 1.6%; the next rate decision is scheduled for 23 November.