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Wealth & Asset Management

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

02/18/2015

Beema’s profit touches QR40m

The Chairman expressed his happiness on the excellent results achieved by Beema in short period of time

02/16/2015

Jordan's Bank al Etihad says 2014 net profit rose 17.5%

Total assets at the end of 2014 rose 17 percent to 2.2 billion dinars from 1.9 billion dinars in the previous year.

02/15/2015

Record growth year for Emaar with net operating profits increasing 30%

Annual revenue for FY 2014 is AED 9.893 billion (US$ 2.693 billion)

02/15/2015

Bank of Sharjah post Dh286 million net profits

Bank’s loans and advances were up 7 per cent last year

02/13/2015

Capital gains help double Jordan Ahli Bank's profits

Jordan Ahli Bank boosted net profit by 113 per cent to 34 million dinars ($48 million) last year

02/13/2015

Bahrain Islamic Bank (BisB) realizes BD 9.3 million net profit

BisB announced that it has realized BD 9.3 million as net profit for the year ended on 31st December 2014

02/12/2015

Oman Insurance Company posts strong growth in 2014

Oman Insurance Company’s gross written premium grew by 11.3 per cent in 2014 reaching AED 3.25 billion

02/12/2015

Gulf Insurance Group reports 2014 net profit of KWD 12 million

Kuwait-based Gulf Insurance Group (GIG) reports a 17.6 per cent rise in net profit to KWD 12 million ($41 million), or 66.42 fils per share for the financial year ended 31 December 2014.

02/12/2015

Abu Dhabi’s Aldar Q4 Net Profit Rises 61%

The company's annual profit was Dhs2.24 billion in 2014, almost flat compared to Dhs2.25 billion in 2013

02/12/2015

Al-Nahedh: 2014 Financial Results Match KFH Vision and Set Plans

"Financial results achieved by KFH for the year 2014 have, by the grace of Allah, matched KFH vision and set up plans as KFH achieved growth in all indexes"

02/12/2015

Shuaa ends quarter down but year up

Shuaa Capital swung to a loss in the fourth quarter as volatile stock markets hit earnings.

02/11/2015

Banque Misr: Real Estate Assets hike to EGP7.7 billion

Banque Misr , the second largest public sector bank in Egypt, currently registers real estate assets of around 7.7 billion Egyptian pounds

02/10/2015

Commercial Bank of Qatar Q4 profit up 29pc

The Commercial Bank of Qatar Q.S.C. and its subsidiaries and associates announced today its financial results for the year ended 31 December 2014.

02/09/2015

RAKBank sees healthy growth in assets and profits in 2015

NPLs and net credit losses to remain low this year

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