SAIB Wins Best Banking Loyalty Program Award
AIB -a leader in the banking sector in GCC- have been recognized for the exceptional work carried out, awarded with…
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Gulf-Based Islamic Banks Grapple With Weakening Regional Economies
After delivering strong results in 2014, Islamic banks in the Gulf region face a gradually weakening operating outlook in 2015-2016,…
UGB announces results for the first half of 2015
Key Financial Highlights Net profit attributable to shareholders of parent of $ 5.2 million 1H14: $ 16.4 million is…
EFG Hermes Reports Net Profits of EGP 125 million during 2Q 2015
Despite very challenging market conditions, EFG Hermes continues to deliver strong financial results, with net recurring profits up 38% Y-O-Y,…
ADNIC announces Q2 2015 results
Abu Dhabi National Insurance Company announced today its financial results for the second quarter ended June 30th 2015. Commenting…
Gulf-based Islamic banks on growth track: report
Gulf-based Islamic banks will continue to grow and increase their market share, even though it face a gradually weakening operating…
GFH reports $13.6 million net profit for H1 2015
For the first six months of 2015, the Group reported a net profit of $13.6 million compared with $14.8 million…
Waha Capital Q2 profit drops 85% after one-off gain in 2014
Waha Capital has reported a net profit of AED 349 million for the first half of 2015. Results were driven…
Gibraltar FSC signs MOU with Israel
The Gibraltar Financial Services Commission has announced that it recently signed a Memorandum of Understanding with the Israel Securities Authority.…
Kuwait's Gulf Bank names CFO
Gulf Bank, Kuwait's fourth-largest lender by assets, has appointed Kevin Hoffman-Smith as chief financial officer, it said in a bourse…
UAE Government draws up sales and corporation tax plans
The UAE Government has drawn up plans to introduce both a federal sales tax – or value-added tax (VAT) –…
Global Reports KWD2.8 million net Profit in First Half 2015
Global Investment House has announced its financial results for the first half ended 30 June 2015. During H1 2015…