04/04/2016
Global markets have been witnessing exceptional volatility owing to factors such as consistently low oil prices, economic slowdown across the globe and changes in various exchange rates.
04/04/2016
Those profits have been achieved from the Corporation's main activities in the financial markets and direct investments in projects.
03/31/2016
The issuance price includes an issuance premium of 300 fils per share on top of the par value of 100 fils per share.
03/30/2016
Looking ahead, QFB management team is very well aware that there is still a great deal of work to be done on the bank's journey to success.
03/30/2016
During 2015, the Asset Management business remained resilient with KWD1.1 billion of assets under management.
03/28/2016
Net profit of Qatari banks declined 2.1 per cent, Global Investment House said in its Banking Sector Quarterly report.
03/27/2016
The attached financial statements provide detailed information on results and disclosures required by the law, regulatory authorities and address issues that are of concern to the various stakeholders of the Bank.
03/22/2016
This increase comes on the back of an increase in net financing income which reached KD 393 million
03/20/2016
An analyst at HSBC forecast the Kuwaiti lender would make a quarterly net profit of 18 million dinars.
03/17/2016
The UAE central bank has already flagged concerns about dividend payments and safeguarding bank liquidity, telling lenders they would need to get payouts approved.
03/15/2016
The Dubai Financial Market General Index shed 1.4 per cent to 3,350.85, its sharpest fall in more than a week, as investors booked gains.
03/15/2016
In Saudi Arabia, the average salary is expected to increase by 5.9 per cent, the highest in the region, marginally beating the inflation rate of 4.7 per cent this year, the study noted.
03/09/2016
The Bank registered strong income and balance sheet growth in 2015 while strategic investments were made to upgrade the Bank’s infrastructure and build sustainable business momentum.
03/08/2016
The Arab Bank for Investment and Foreign Trade (Al Masraf) recorded a net profit of AED 405 million in 2015—reflecting a growth of 11 per cent as compared to the AED 366 million profit it posted in 2014.
03/07/2016
It has business operations spread out across seven different countries.
03/07/2016
This reflects our recommendation to distribute 100% cash dividends.
03/07/2016
Net interest margins will improve this year with liquidity conditions
03/04/2016
Average tariffs also rose for the first time in six months, albeit only marginally.
03/01/2016
The bank has previously announced the conclusion of a 5-year US$200 million Murabaha facility with a syndicate made-up of local and international investment banks
02/29/2016
CBE failed to resolve repatriation problems, which hindered flow of foreign direct investment, say Experts