05/11/2015
Al Baraka Banking Group net profit hits $69m in Q1
The bank made a net profit attributable to equity holders of $40 million in the three months ending March 31, it said. .
Wealth & Asset Management
05/10/2015
Bank Albilad expects 20 profit growth in 2015
Saudi Arabia's Bank Albilad is targeting 20 percent earnings growth in 2015 and double-digit profit increases in coming years as it expands lending in both the retail and corporate sectors its chief executive told Reuters.
05/10/2015
Ithmaar Bank reports profit for the First Quarter of 2015
The announcement, by Ithmaar Bank Chairman His Royal Highness Prince Amr Al Faisal, follows the review and approval, by the Board of Directors, of the Bank's consolidated financial results for the three-month period ended 31 March 2015.
05/10/2015
Shuaa Capital swings to net loss in Q1
SHUAA Capital has reported revenues of AED 44.0 million and a net loss of AED 1.6 million for the first quarter of 2015 compared with revenues of AED 64.2 million and a net profit of AED 8.2 million in the first quarter of 2014.
05/10/2015
Ithmaar Bank reports profit for the First Quarter of 2015
Ithmaar Bank also announced that it's award-winning card-less cash solution, MobiCash, will be provided to customers without a service charge.
05/07/2015
Khaleeji Commercial gains surge 216pc to $4.4m
Consumer finance portfolio also reached BD87.7 million
05/07/2015
Shuaa Capital swings to net loss in first quarter
The company recorded a net loss of Dh1.6 million for the first quarter of 2015
05/06/2015
Quarterly profits fall 9% in Middle East for HSBC
HSBC said first-quarter profit in the Middle East slipped 9 per cent
05/06/2015
Quarterly profits fall 9% in Middle East for HSBC
HSBC said first-quarter profit in the Middle East slipped 9 per cent, dragged down by lower returns from its commercial banking business
05/05/2015
Dubai International Financial Centre Investments announces double-digit growth for 2014
Dubai International Financial Centre Investments (DIFCI) reported revenues of $222 million for the fiscal year 2014, compared to $187 million during 2013 - an increase of 18.7 per cent. Its gross profit rose to $181 million for the year 2014, as compared
05/04/2015
ADIB net profit for Q1 increases 10.1%
Increase of 33.5% in the number of customers
05/04/2015
Kuwait's Burgan Bank Q1 net profit rises 2 pct, misses estimates
Three analysts polled by Reuters had estimated, on average, a net profit of 19.94 million dinars for the quarter
05/03/2015
Emaar records robust growth in Q1 2015
Revenue for the first three months of 2015 is AED 3.013 billion (US$ 820 million), 26% growth over Q1 2014
05/03/2015
Jafza posts 17% jump in new companies in 2014
Gross Revenue and Earnings see 10 and 13 % surge in the year
05/01/2015
Finance House net profit drops 28% in Q1
Total operating income declined 11.85 per cent year-on-year at Dh79.35 million in the January-March period down against Dh91.20 million for the same period last year.
04/30/2015
Bank upbeat over growth
National Bank of Abu Dhabi expects growth in its operating expenses to moderate in the remainder of 2015, says its chief financial officer, after surging by 29 per cent in the first quarter.
04/30/2015
JIB posts US$ 16.08 million in profits after tax For the first quarter of 2015
Jordan Islamic Bank achieved net profits after tax for the first quarter of 2015 that amounted to about US$ 16.08 million
04/30/2015
Arab Banking Corp Q1 profit hits $52m
Bahrain-based Arab Banking Corporation announced today (April 30) that its consolidated Group net profit for the first quarter (Q1) of 2015 was $52 million
04/29/2015
Al Baraka to distribute dividends
Al Baraka Banking Group has announced it will start distributing $32.8 million cash dividends for last year to shareholders from today
04/29/2015
M1 up by 1.6% at end-February
The Money Supply aggregate M2 also increased by 1.3 per cent, from Dh1,176.1 billion at the end of February to Dh 1,191.9 billion at the end of March 2015