12/15/2014

NBAD Sukuk income fund delivers 2.33 per cent dividends

The National Bank of Abu Dhabi NBAD’s Sukuk Income Fund has earned a total income of $798,923.60 which is equivalent to 2.33 per cent of the Net Asset Value as at 27 November 2014 which includes the intended dividend pay-out of $0.1203 per unit.

12/03/2014

UAE corporates outperform GCC

Earnings surge 33.5 per cent in first nine months of 2014; banks drive Dubai’s 55.5 per cent leap to $5.1 billion

11/14/2014

Ithmaar Bank net profit hits $4.8 million

Bahrain-based Islamic retail bank Ithmaar Bank, yesterday announced a total net profit of $4.84 million for the nine-month period ended September 30 this year, compared with a net loss of $11.97m for the same period last year.

11/11/2014

Egypt's EFG Hermes posts 57 pct rise in Q3 profit

The company said profit was boosted by its core investment banking operations, with revenue growth in fees and commissions from its securities brokerage, investment banking, asset management and private equity operations.