08/03/2015
IPO performance in the Gulf Cooperation Council showed signs of recovery in terms of the number of offerings and total money raised in the second quarter of 2015 compared to the first quarter suggesting some interest in listing ahead of the traditional q
08/03/2015
Driving healthy growth and diversification across its portfolio of products and services, Barwa Bank, Qatar's most progressive Shari'ah compliant service provider, capped the first half of 2015 with noteworthy financial results.
08/03/2015
Developer's H1 revenue rises 13% as demand for its projects rises
08/03/2015
Year-to-date volumes on the Dubai Gold and Commodities Exchange registered a growth of 11% from the same period last year, trading over 7.5 million contracts.
07/30/2015
Ahlibank reported an 11 per cent increase in its net profit for the six months period ended June 30, 2015.
07/30/2015
Bank books 166 mln dirhams in impairments, down 22.6 percent
07/30/2015
Bahrain Islamic Bank announced that it has realised BHD 8.2 million as net income for the six month period ended 30 June 2015, compared to BHD 4.0 million for the same period last year, an increase of 105 per cent.
07/30/2015
Strength in Wholesale flow products, Retail & Commercial and International
07/30/2015
BisB announced that it has realized BD 8.2 million as net income for the six month period ended 30 June 2015, compared to BD 4.0 million for the same period last year, an increase of 105%.
07/29/2015
The bank continues its drive to support the government’s efforts to develop national leaders
07/28/2015
Net profit for the second quarter was US$44 million, 33% lower than US$66 million reported for the same period last year.
07/28/2015
Higher provisions resulted in modest profit growth
07/27/2015
Bank of Sharjah has announced its financial results for the six months ending June 30, 2015. Bank of Sharjah 's net profit for the first half of 2015 increased by 16% to reach AED 176 million, compared with AED 152 million for the same period of 20
07/27/2015
The results were in line with the estimates of six analysts polled by Reuters earlier this month. They had forecast an average net profit of 1.44 billion dirhams.
07/26/2015
The Bank is owned by the six GCC governments
07/26/2015
This comes amongst a surge in supply as 6,750 new residential units were delivered this quarter, taking the total Dubai residential stock to 479,000 units.
07/26/2015
Al Ahli Bank of Kuwait reported net profit of KWD 20.44 million ($67.45 million) for H1 2015, up 7.2 per cent. Operating income rose 4.6 per cent to KWD 62.64 million ($206.7 million).
07/26/2015
Sheikh Dr Khalid (left) and al-Obaidli: Integrated plan to upgrade operational efficiency.
07/23/2015
Customer deposits surge 10.4% to Dh35.6b; operating expenses up 25%.
07/22/2015
This growth in assets was the result of the focussed efforts of the operating business segments