08/03/2013
Credit Agricole Egypt (CAE) Q2 2013 net profit EGP 207 million
Net interest income for Q2 2013 increased 21 per cent YoY and 12 per cent QoQ and came two per cent higher than NBK Capital MENA forecast.
Retail Banking
08/03/2013
Bahrain's Al Baraka Bank Q2 net rises 11 pct
Bahrain-based Islamic lender Al Baraka Banking Group said on Sunday that its net income for the second quarter totalled $42 million
07/31/2013
GIB's net income rises 4.5pc to $60.6 million
Bahrain-based Gulf International Bank yesterday reported consolidated net income after tax of $60.6 million for the first half of the year.
07/30/2013
ABC Islamic Bank Announces 49% Increase in 2013 Half-Year Profit to US$6 Million
Total operating income grew to US$8.3 million
07/30/2013
HSBC and Zurich Insurance launch new wealth product in Middle East
Exclusive product offering from Zurich for HSBC customers in the Middle East
07/30/2013
MasterCard profits advances as revenue grows, led by emerging markets
Mastercard, the payments processing company, reported a 19 percent increase in its second-quarter profit as more people worldwide used its debit and credit cards to make payments.
07/29/2013
Burgan Bank wins “Best Domestic Retail Bank of the Year”
Burgan Bank announced hat it has won the coveted “Best Domestic Retail Bank of the Year” award from the Asian Banking and Finance Magazine
07/29/2013
HSBC Bank Oman net profits up 28%
HSBC Bank Oman announces that at the Board of Directors' approved HBON's unaudited financial results for the six months ended 30 June 2013
07/29/2013
Bank Sohar to appoint consultant to study merger
Muscat Bank Sohar board has decided to appoint a consulting firm to study the proposed merger with Bank Dhofar.
07/28/2013
UNB's Q2 profit rises 7.2%
A 7.2 percent percent rise in second-quarter profit helped lower provisions
07/24/2013
Fitch affirms Commercial Bank of Kuwait at 'A+'
Fitch says CB's long and short-term IDRs, support rating and support rating floor reflect the agfency's belief
07/24/2013
Commercial Bank of Qatar Acquisition
Commercial Bank completes majority stake acquisition in Alternatifbank in Turkey
07/24/2013
UAE-based Emirates NBD hunts more business in Sri Lanka
Emirates NBD Capital which syndicated a 200 million dollar loan for Sri Lanka's state-run Bank of Ceylon is looking to provide more local firms with Islamic and conventional finance
07/23/2013
Arab Banking Corporation announces half-year profit of $112 Million
Net profit for the second quarter was $56 million, 10 per cent higher than $51 million reported during the same period in the previous year.
07/23/2013
Ahlibank posts 6% profit growth
One of the leading banks in the Sultanate, said its net profit for the first half of 2013 grew by 6 per cent to OMR12.50 million from OMR11.80 million reported in the same period last year.
07/23/2013
Abu Dhabi banks FGB, ADIB Q2 profits beat estimates
Abu Dhabi lenders First Gulf Bank and Abu Dhabi Islamic Bank posted rises in second-quarter net profits beating analysts' forecasts.
07/23/2013
Commercial Bank of Dubai profit up 2.3% for the first half of 2013
The Commercial Bank of Dubai announced a 2.3 per cent rise in the first six-month net profit due to growth in net interest and non-interest income
07/23/2013
Commercial Bank of Qatar net profit dips 5.6%
Commercial Bank of Qatar delivered first half net profit of QAR 1.024 billion, up one per cent against the same period in 2012.
07/22/2013
Abu Dhabi Bank posts 1st half earnings up 25 pct from last year
Earnings for the first half of 2013 reached UAE's Dirham 2. 621 billion.
07/20/2013
Rakbank report 14.18% gain in net income
For the half year ended 30th June 2013, the Rakbank has announced an AED760.1m net profit, reflecting a 13.7% increase over the same period last year.