05/16/2016
Al Ahli Bank of Kuwait (ABK) today announced an operating profit of KD 22.1 million for the first quarter of 2016, after a one-off investment loss of KD 2.3 million on investments disposal, compared to KD 21.8 million for the corresponding period in 2015.
05/16/2016
Union Insurance posted a gross technical profit in first quarter of 2016 of Dhs25 million compared to Dhs27 million in Q1 2015.
05/16/2016
It attributed the net profit fall to a 14 percent increase in provisions and impairment losses
05/15/2016
Commercial International Bank, Egypt's largest-listed company, reported a 17-percent rise in first-quarter net profit helped by improved interest margins.
05/15/2016
The Direct Investment Fund is Sharia compliant and also focuses on the GCC markets.
05/12/2016
Strong first quarter for QInvest
The new company has been granted a license to operate by The Capital Markets Board of Turkey and is licenced to offer portfolio management to both individual and institutional investors.
05/12/2016
The company’s financial results showed that its fees and commission income rose by 7% during the first quarter of the year, compared to 2015.
05/12/2016
QInvest today announces a strong start to the year, with an increase of 36 per cent revenues for the first quarter to QAR 102 million ($28 million) and net profit up 34 per cent to QAR 37 million ($10 million).
05/11/2016
Oxford Business Group launches tenth-anniversary report on emirate's economy.
05/10/2016
In April, Aldar announced the launch of Yas Acres, an AED 6 billion golf and waterfront development including 1,315 villas and townhouses.
05/09/2016
In sovereign issuances, the Central Bank of Kuwait and the Central Bank of Bahrain were the most active players during this quarter.
05/09/2016
For the June quarter, respondents to a UAE Central Bank survey expect marginal tightening in credit standards, while the appetite for business lending is expected to improve further.
05/09/2016
Cash and bank balances for the developer stood at $2.5bn (AED9.4bn), while development properties' value was also recorded at $2.5bn (AED9.4bn) for the period.
05/08/2016
Reported net income for the first quarter attributed to equity holders of the bank is KD14.3 million and earnings per share is 4.4 fils.
05/06/2016
Revenues continue to be impacted by competitive pressure in a number of markets across the Group.
05/05/2016
Despite continuing weak economic trends into 2016, AUB continued to grow its operating income underpinned by an effective balance sheet management strategy
05/05/2016
The bank is continuously expanding its business to reach the gross assets of BD 672,3 Million a growth of 2.8% compared to the same period in last year.
05/04/2016
Bank assets grew 50% to Dh6.9b while deposits rise by Dh1.6b to Dh5.5b, a 41% gain during period
05/03/2016
Emaar Properties closed more than 2 per cent lower at Dh6.50 despite posting better than expected results
05/03/2016
Waha Capital, which owns a stake in AerCap , the world's largest aircraft leasing firm, on Tuesday posted a 3.5 percent drop in first quarter profit, partly due to higher costs offseting positive revenues.