05/02/2016
Arzaq offers flexible investment periods ranging from a month to a year, automatically renewed upon maturity along with possibility of premature cancellation and benefiting from the savings account returns.
05/02/2016
The profit increase came off the back of a 16 per cent hike in revenue, which rose to Dh3.5bn, up from Dh3bn a year earlier.
05/02/2016
This independent report from an international rating agency comes as a testimony to our excellent performance that inspires us to further enhance our competitive product & service offerings.
04/29/2016
The bank's total net profit for the period was 450 million dirhams
04/29/2016
As a combined result of the above, Total Operating Income for Q1 2016 soared by nearly 50% to AED 118.89 million compared to AED 79.35 million in Q1 of the previous year.
04/29/2016
The high investment grade rating is supported by the strengthening of CBI 's balance sheet through the sale of non-core assets
04/28/2016
Oil prices still hover well below the $50 mark.
04/28/2016
NBAD, the emirate's largest bank by assets, reported a 10.7 percent fall in net profit on an annual basis to 1.27 billion dirhams
04/28/2016
Dubai Islamic Bank PJSC, the United Arab Emirates biggest bank complying with Muslim banking rules, said it plans to raise 3.6 billion dirhams from a share issue, as first-quarter profit increased.
04/28/2016
Net interest and Islamic finance income grew flat to Dh1.586 billion, however it fell four per cent comparing with previous quarter.
04/28/2016
Qatari Diar, a real estate-focused unit of sovereign wealth fund the Qatar Investment Authority, owns 45 percent of Barwa.
04/28/2016
This rapid development is based on the continuous innovation of Avaloq’s software product, the Avaloq Banking Suite, as well as significant demand for BPO solutions.
04/28/2016
National Bank of Fujairah PJSC has announced its results for the three month period ended 31 March 2016.
04/27/2016
Customer accounts and other deposits dipped 6.6 per cent over the same time period to reach Dhs 233.3bn as of end-March.
04/27/2016
EFG Hermes had forecast DIB would make a quarterly profit of 938 million dirhams.
04/26/2016
Commercial Bank continued actively supporting the Qatar National Vision 2030 agenda during the first quarter of the year.
04/24/2016
The increase in profitability was fuelled by a 73% surge in fee and commission income and supported by a 35% rise in net income from financing.
04/24/2016
Egypt has struggled to spur economic growth since its 2011 uprising ushered in political instability that scared off tourists and foreign investors, key sources of foreign currency.
04/24/2016
The bank made net impairments worth 366 million dirhams in the first quarter, the statement said, up from the net 196 million dirhams set aside for bad loans in the same three months of last year.
04/21/2016
Ahlibank registers net profit of QR165mn in Q1
Stable funding, which includes medium-term liquidity, improved to 7.9% in March 2016, as a percentage to total liabilities vis-à-vis 6.6% in March 2015 as the bank continues to improve its liquidity structure.