Before Eid break, many companies to release their 1Q results
24 April 2022 | Admin
The Week Ahead - Regional Markets
Results for 1Q 2022 remain in focus during the next five trading days before the Eid holidays set in. This week's earnings calendar is full of financial institutions reporting, including ADIB, DIB, CBD, Mashreq, CBI, ADCB, FAB, NBF, UAB, BisB, BBK, QIIB, DHBK, MARK, United Fidelity, QGI&R, QIC, among others.
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The outlook for the world economy, which is still recovering from the onslaught of the COVID-19 pandemic, is again turning gloomy against the backdrop of the Russia-Ukraine war and spiraling inflation.