09/04/2015
Moody's: Al Ahleia's acquisition of Kuwait Re constrains capital position and financial flexibility
Following the announcement, Moody's Investors Service affirmed Al Ahleia's A3 insurance financial strength rating and changed the outlook to negative from stable.
09/02/2015
Gulf Finance Corporation, a wholly-owned subsidiary of SHUAA Capital and a leading provider of finance to SME and micro businesses, today announced the results of their Q2 2015 UAE SME Sentiment Survey.
09/01/2015
On the DFM out of the nine sectors banks was the major gainer as a sector with 32 per cent rise in earnings
08/31/2015
Seera Investment Bank announced its results for the six months ended 30thJune 2015 reporting consolidated net income of $2.3 million for the six months period compared to a loss of $29.5 million for the same period last year.
08/31/2015
Growth driven by robust banking sector, which increased 32%
08/30/2015
The Firm's balance sheet remains well capitalised, and at its strongest in terms of key metrics since 2008
08/30/2015
Although the UAE was the best-performing market in the GCC in 2014, Qatar outperformed it in 1H15.
08/30/2015
The CEOs debate will be followed by one of the key sessions of the summit, covering how Islamic financial institutions have moved from niche to mainstream by being part of the global agenda.
08/23/2015
The bank has been operating in the participation banking sector for more than 25 years with its robust shareholding structure and strong capital base.
08/20/2015
In a review meeting of its financial results for Q2 2015, the Board of Bank Nizwa reported a 46 per cent rise in its total revenues.
08/17/2015
Net earnings were $16.2 million as at 30th June 2015 against $18.5 million for the same period last year.
08/17/2015
This strong performance is attributed to the bank's conservative strategy as a member of the NBK Group.
08/17/2015
The company's total assets increased from AED890 million at year-end 2014 to AED982 million as of 30June 2015.
08/13/2015
During H1 2015, The Asset Management business remained resilient with KD1.2 billion US$4 billion of assets under management.
08/13/2015
Waha a year earlier recorded a one-off gain of AED1.31 billion from its investment in Aercap Holdings.
08/13/2015
GFH Financial Group, today announced its financial results for the first half of 2015 ended June 30, 2015.
08/13/2015
Abu Dhabi National Insurance Company announced today its financial results for the second quarter ended June 30th 2015.
08/13/2015
Despite very challenging market conditions, EFG Hermes continues to deliver strong financial results, with net recurring profits up 38% Y-O-Y, excluding one-off gains recorded in 2Q 2014
08/13/2015
United Gulf Bank B.S.C. UGB today announced a net profit attributable to shareholders of parent of $ 5.2 million for the six months ended 30 June 2015 compared to US$ 16.4 million in same period last year.
08/11/2015
The finance company said on the back of a sustained growth in the lending book and targeted expansion of the fixed income portfolio