04/21/2015

Al Khaliji Q1 net jumps 32%

The bank’s total assets reached QR53bn in the first quarter, up 21% on Q1, 2014 and 3% on Q4, 2014.

04/21/2015

BBK's net profit rises 6pc to $39m

Earnings per share for the period have increased from 13 fils to 14 fils, said a report in the Gulf Daily News, our sister publication.

04/21/2015

ADCB net attributable profit rises 31% in Q1

Abu Dhabi Commercial Bank posted a 31% increase in first-quarter net profit yesterday, beating analysts’ forecasts, boosted by strong returns from fees and lending.

04/20/2015

Qatar Re reports financial performance in 2014

In 2014 Qatar Re continued to post significant business growth at improving profitability. Two years after the Company’s strategic repositioning as a global reinsurer, gross written premiums increased by 60 per cent to $536 million, net income came

04/17/2015

Saudi Hollandi Bank Q1 net profit up 29.3%

Saudi Hollandi Bank, the Kingdom’s oldest lender, posted a 29.3 per cent jump in first-quarter net profit on the back of higher operating income, it said on Wednesday, beating analysts’ expectations.

04/15/2015

QIB profit jumps 19%

QIB has posted a first-quarter net profit of QR400mn, up 19% on the same period in 2014.

04/14/2015

Saudi's Al Rajhi Bank posts 11 pc quarterly profit drop

The decrease was the seventh straight drop in quarterly profit posted by the bank, which it attributed to a decrease in total operating income -- which fell 2.2 per cent year on year to 3.42 billion riyals -- and a rise in total operating expenses.