02/29/2016
This growth principally reflected increases in both the loan volume and loan margins, as the Bank continues to successfully re-orientate its lending activities from transactional-based long-term project and structured finance to relationship-based large a
02/29/2016
UGB 's Board of Directors will not be recommending any dividends for 2015.
02/29/2016
The impact of lower growth has already started to feed through into the earnings of some UAE banks.
02/25/2016
On the other hand, deposits receded by 1.4 percent MoM, QNB Financial Services monthly banking sector update noted yesterday.
02/24/2016
Masraf Al Rayan reported last month a 3.6 percent rise in full-year net profit in 2015 to 2.07 billion riyals, although its fourth-quarter earnings dipped slightly according to Reuters calculations.
02/23/2016
The hank has registered net profit of BD2.6 million in the last quarter of the year, as compared to net profit equal to BD2.7 million for the same period last year, a decrease of four per cent
02/23/2016
The bank's 2015 profit was $537.2 million. This compares with 2014's profit of $482.5 million.
02/22/2016
As a result, 2015 was a year of accelerating growth for Takaful Emarat outperforming publicly listed insurance companies, which incurred a combined loss of AED 107 million in 2015
02/22/2016
Commenting on these results, Shaikh Abdulla bin Khalifa Al Khalifa, Chairman of Securities &Investment Company
02/22/2016
A number of 17 famous international banks from 11 countries participated in the facility covering all main world financial centers.
02/22/2016
At the same time, the ratings agency affirmed its 'BBB' long-term insurer financial strength and counterparty credit ratings on KTG.
02/18/2016
Dubai International Financial Centre, the global financial services hub connecting businesses and financial institutions with emerging markets across the Middle East, Africa & South Asia, achieved another record year in 2015, it was announced today.
02/18/2016
This is our 16th consecutive year of growth in net profits, which is a remarkable achievement for FGB.
02/17/2016
The Boston Consulting Group's recent survey of corporate-banking customers worldwide indicates that, over the next five years
02/17/2016
Digital laggards risk seeing profits drop by 15-30 per cent relative to early adopters
02/16/2016
The regional investment house, with stakes in media, industrial, financial and real estate companies, will pay a cash dividend for 2015 of 25 percent
02/16/2016
Oman Insurance Company, the biggest insurer in the UAE by market share, last week posted a loss of Dh31m in the fourth quarter of last year
02/16/2016
In addition, the bank's current accounts and saving pools rose 7.5% to record 49.494 billion, compared to 46.048 billion in the same period of the previous year.
02/16/2016
“Asset growth, an increase in income, a control on expenses and a significant improvement in the cost of risk have all contributed to our strong operating performance, with total income growing 5 per cent"
02/15/2016
Surging provisions to squeeze profits of the majority of lenders