Masraf Al Rayan’s first quarter net profit up 8pc
Masraf Al Rayan achieved net profit of QR432m for the first quarter of 2014, an increase of 8 percent compared…
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Bank Muscat first quarter net profit jumps 59%
Bank Muscat, Oman’s largest lender, missed analysts’ expectations despite posting on Wednesday a 59.1 per cent jump in its first-quarter…
UAB profit rises 34% to Dh161m
Sharjah-based United Arab Bank on Wednesday said its profit in the first quarter ended on March 31, 2014 jumped 34…
KHCB opens Zinj branch in new push
Bahrain-based Islamic retail bank Khaleeji Commercial Bank (KHCB) yesterday opened its eighth branch in the kingdom, in the Zinj area,…
ICO Services to Expand in UAE Tax Heaven for an Excellent Image of Customers' Businesses
ICO Services, the international company specialized in the formation of offshore companies and offshore banking, has recently expanded their services…
Dubai Investments Expects Q1 Net Profit To Rise 26%
Dubai Investments expects its first-quarter net profit to rise 26 per cent, the conglomerate said in a bourse filing on…
Dubai SME sign MoU with Taylor Wessing
Intellectual property management and fund-raising are complex subjects, which the Dubai SME100 companies have indicated they would like to be…
National Bank of Fujairah Q1 profit jumps 27%
The National Bank of Fujairah has earned a net profit of Dh 115.3 million in Q1, 2014 compared to Dh90.7…
Co-Operative Bank of Kenya Tops International Banker Awards 2014
International Banker held its annual awards for acknowledging the top banking institutions across the Middle East and Africa The…
Bahrain Hedge Fund Investor To Buy US Designer Company
The Bahrain-based hedge fund investor Investcorp and private equity firm Freeman Spogli & Co, are teaming up to buy the…
Can Dubai make it?
With the Halal & Islamic finance industries seeing double-digit growth in recent years’, Islamic economy has come into the…
Noor Bank announces record first quarter profit
Noor Bank, the Dubai-based Sharia-compliant lender formerly known as Noor Islamic Bank, said its first quarter profit rose to a…