04/20/2015
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, 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.
04/16/2015
Dubai Islamic Bank, the United Arab Emirates' largest sharia-compliant lender, reported a 33.9 percent increase in first-quarter net profit
04/15/2015
Oman's Bank Dhofar , the sultanate's second-largest lender by assets, posted a 15.3 percent rise in first-quarter net profit on Wednesday to narrowly beat analysts' forecasts as its loan book increased.
04/14/2015
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.
04/14/2015
Higher operating income, driven by stronger-than-forecast fee income, was a key reason for the profit jump
04/14/2015
The lender made a net profit of 2.61 billion riyals ($696 million) in the three months to March 31, compared to 2.54 billion riyals in the same period of 2014, it said in a bourse statement.