06/23/2015
Pinsent Masons announces annual results
Our partners, and in particular my predecessor David Ryan, take credit for having developed a fantastic platform for success.
Wealth & Asset Management
06/08/2015
KFIC Re-schedule KD 20.6 Million & Reduce its Annual Payments from KD 8 Million to KD 4 Million
The Chairman of Kuwait Finance and Investment Company ( KFIC ) Saleh Yacoub Al-Homaizi, announced that the company has succeeded before the end of last year
06/04/2015
Ibdar Bank net profit soars 200pc to $3m in Q1
Bahrain-based Ibdar Bank said that its financial results for the first quarter of the year was marked by strong performance and profitability
06/02/2015
NBAD-Egypt represents 8% of bank's total activities
The National Bank of Abu Dhabi's activities in Egypt represent 8% of the bank's total activities, according to Mark Yassin, NBAD's Senior Managing Director and Head of Global Banking.
06/02/2015
Dubai wealthy help Mashreq consumer banking unit increase revenue by 25%
Higher income from fee-generating divisions like foreign exchange and bancassurance have added to improved growth at the wealth management and SME banking units, said Farhad Irani, head of retail banking at Mashreq.
06/02/2015
Ibdar Bank announces USD 3 m profits for Q1/2015
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, today announced its financial results for the first quarter of the year ended March 31, 2015 marked by strong performance and profitability.
06/01/2015
Global: The crisis is behind us... and growth opportunities are ahead
Global Investment House held today a press conference entitled "Global and the future"
05/27/2015
Bahrain sovereign fund Mumtalakat 2014 net profit up 10.8%
The fund holds stakes in Bahraini companies including Aluminium Bahrain, Gulf Air and Batelco.
05/26/2015
Profit tumbles at investment bank The National Investor
The investment bank was hit by a loss of Dh8m on investments carried at fair value and Dh7.3m in expenses relating to legal case involving a Dubai property project.
05/25/2015
Amlak Posts Restructuring Report on DFM
The report outlines key financial highlights from the year 2008 to date and important events throughout its restructuring process.
05/24/2015
NBK-Egypt reports EGP 126.3 million in net profits in the first quarter 2015, up 30.2% y-o-y
NBK Group has the widest banking presence in 4 continents worldwide.
05/23/2015
Egypt's National Bank records 25% Rise in 6-month Profit before Tax
Egypt's biggest state-run bank, the National Bank of Egypt reported a 25 percent growth in profit before taxation during the first six months of current fiscal year.
05/22/2015
Al Baraka Banking Group announces $69 million net profit for first quarter of 2015
The Bahrain based leading Islamic banking group, Al Baraka Banking Group BSC announced a net profit of $69 million for the first quarter of 2015, reporting an increase of 3% over the net profit of the same period of last year.
05/21/2015
Three Israeli banks report higher 1st quarter earnings
Bank Hapoalim, Israel Discount Bank and First International Bank beat analysts’ forecasts.
05/20/2015
Israel's First International Bank Q1 profit up 5 pct
First International Bank of Israel , the country's fifth-largest bank, reported a 5 percent rise in first-quarter net profit
05/19/2015
Commercial International Bank poised for multi-year earnings growth, says RenCap
Emerging and frontier markets investment bank Renaissance Capital believes Egypt’s Commercial International Bank is at the start of a significant, multi-year earnings growth cycle.
05/17/2015
Global reports KWD1.8 million net profit in Q1 2015
The Asset Management business remained resilient with KWD1.2 billion of assets under management. Several funds managed by Global outperformed their respective indices and peers.
05/17/2015
Waha Capital net profit increases 20.2 percent to AED 182.2 million in the first quarter of 2015
AerCap Holdings, Dunia Group and Capital Markets division continue to perform well Increased investment in Capital Markets business and healthcare subsidiary - Anglo Arabian Healthcare
05/16/2015
GCC tiles market seen growing at 10-12% annually until 2020
The Gulf Co-operation Council tiles market is expected to grow at a compound annual growth rate of more than 10-12% until 2020, driven by increasing demand in the residential and hospitality sectors, according to a report by Frost and Sullivan.
05/15/2015
HSBC’s Turkey unit registers TRY 32 mln loss in Q1
HSCB Bank A.S. has registered a TRY 32 million net loss in the first quarter of 2015, according to non-consolidated balance sheets