03/01/2015
ABC group net profit rises 7pc
It announced yesterday that net profit for the fourth quarter last year was $59m as against $61m reported in the previous year.
Wealth & Asset Management
03/01/2015
UGB records income for 2014 of $169.1 million
United Gulf Bank B.S.C. (UGB), today announced its financial results for 2014. Net profit attributable to shareholders of the parent was $18.8 million (2013: $2.6 million), whilst net consolidated profit of $1.8 million (net profit 2013: $4.2 million).
03/01/2015
BLOMINVEST Saudi Arabia net profit surges 16%
He also disclosed that in the course of the current year, the company is scheduled to establish five new investment funds with a total value of more than SR3 billion.
02/26/2015
ABC Islamic Bank Announces 23 per cent Increase in 2014 Year-End Net Profit of $15.1 Million
ABC Islamic Bank today announced that its net profit for the year ending 2014 was $15.1 million, 23 per cent higher than last year of $12.2 million. Net profit for the fourth quarter was $3.6 million, 19 per cent higher than the same period of last year.
02/25/2015
Qatari bourse index loses 23.37 points
The share market capitalisation reached QR 678.835bn yesterday.
02/25/2015
Bank to pay BD10.7m in dividend
The dividend payout amounts to five per cent of the paid-up capital.
02/25/2015
ABC Islamic Bank Announces 23 per cent Increase in 2014 Year-End Net Profit of $15.1 Million
ABC Islamic Bank today announced that its net profit for the year ending 2014 was $15.1 million, 23 per cent higher than last year of $12.2 million
02/24/2015
Kuwait’s Burgan Bank Q4 Net Profit Jumps
The lender reported a 424 per cent rise in fourth-quarter net profit.
02/24/2015
QInvest 2014 revenue soars 134%
Registering “strong” top and bottom-line growth, QInvest has seen its revenue soar 134% to QR299mn and net profit reach QR88mn in 2014
02/23/2015
United Arab Bank CEO sees 'good loan growth'
United Arab Bank will have “good loan growth” in 2015 as the United Arab Emirates economy expands two per cent to three per cent, Chief Executive Officer Paul Trowbridge said.
02/23/2015
GFH reports net profits of US$17 million for 2014
Year marked by launch of the new strategy and identity of GFH New investments of over US$150m
02/23/2015
Gulf Finance House swings back to profit
Company declares net profit of $17m for 2014, compared to net loss of $18m in previous year
02/22/2015
Abu Dhabi National Takaful Company Reports Full Year 2014 Net Profit
Abu Dhabi National Takaful Company P.S.C, reported its financial results for the year ended 31 December 2014 with a net profit of AED 35.8 million.
02/22/2015
Markaz posts KD4m net profit for 2014
Markaz board of directors recommended a cash dividend of 6 percent of share par value
02/22/2015
Kuwait’s KIPCO Q4 net profit gains 2 pct, raises cash dividend
This compared to the 0.020 dinar per share and a 5 percent stock dividend which the company paid for 2013
02/22/2015
Ahli United Bank Q4 net profit jumps 37.6 pct
Ahli United Bank (AUB), Bahrain's largest lender, posted a 37.6 percent increase in its fourth-quarter net attributable profit
02/22/2015
Al Baraka Banking Group Profits Raise by 7%
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net income of US$ 275 million in 2014
02/18/2015
Qatari banking sector loan book drops 1.4% in January
Pulled down by the public sector, Qatari banking sector’s loan book decreased by 1.4% month-on-month (MoM) in January
02/18/2015
Oasis Capital reports net income of $13.2m
The increase in profitability was achieved mainly on account of exiting an investment in CapitalSpring, a US-based speciality finance company.
02/18/2015
Gulf International Bank announces full year profit of $85.6 million
Gulf International Bank (GIB) is a leading bank in the Middle East