Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

QInvest Reports Record Year

QInvest has announces another year of robust growth recording its highest revenue since inception of QAR 393 million (US$ 108 million) and net profit of QAR 154 million (US$ 42 million).

Saudi's Riyad Bank Q4 profit falls 19.7 pct, in line with estimates

Saudi companies issue brief earnings statements early in the reporting period before publishing more detailed results later.

Qatar's Masraf Al Rayan Q4 net profit dips 3 pct - Reuters calculation

QNB Financial Services had forecast a quarterly net profit of 553 million riyals for the period.

Saudi's Alinma Bank posts 16.3 pct rise in Q4 profit, beats estimates

Alinma, the tenth largest bank in the kingdom by assets, said last month it would pay a cash dividend of 0.5 riyals per share for 2015, in line with the payout for the previous year.

Saudi Hollandi Bank achieves record profits for 2015

The bank said in the statement that 2015 net profit was 2.02 billion riyals

Emirates NBD Q4 net profit rises 74 pct

Analysts at Beltone Financial and HSBC forecast the bank would make a fourth-quarter net profit of 1.31 billion dirhams and 1.71 billion dirhams respectively.

Emirates Islamic net profit up 76 percent in 2015

In just a short span of time the bank has asserted its position as a leading financial institution in the UAE with strong contribution to the development of the Islamic finance sector.

Saudi's National Commercial Bank Q4 net profit rises 16.6 pct

The lender made a net profit of 2.13 billion riyals in the three months to Dec. 31, up from 1.83 billion riyals in the same period of 2014

Bank Dhofar Q4 net profit rises 32pc

Bank Dhofar made a net profit of RO46.8 million in 2015, up 15.6 per cent on the same period last year

Deposits drop, Q4 profit up at Saudi banks NCB, Fransi

Higher income from fees and lending helped to boost profits.

NCB net record revenues reach SR 9.1 billion in 2015

Earnings per share reached SR 4.56 compared to SR 4.34 for the same period of the previous year.

National Bank of Oman Q4 rises 29 pct

Reuters calculated the figure based on the bank's previous financial statements.

Financial Results For The Year Ended 31 December 2015

QNB Group 's Key Financial Indicators

Arab banks have good performance in nine months '15 UAB

Total assets exceeded USD 3.3 trillion, or 135 percent of the Arab economy, compared to USD 3.05 trillion by end of 2014.

KPMG says full-year MidEast revenue up 12.7%

KPMG International reported an aggregated network revenue of $24.44 billion for the fiscal year, representing an 8.1 percent increase in local currency terms.

Barclays Egypt Q3 15 Profits Increase 18%

Q3 Financial Performance Report 2015

Saudi Arabia’s bank credit hits all-time high at SAR1.34 trillion

Surge mainly driven by an upswing in short-term lending by local banks

Bank Nizwa CEO presents Q3 performance overview at Muscat Securities Market

Islamic financing and deposits have grown by 43% and 90% during 2015

Noor Bank announces 9 month results

Net profit of AED 451 million, a 43% increase from same period last year

Al Baraka Bank Egypt net income increases by 24 per cent for 9M 2015

Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG) and its investment arm in Egypt, announced that the Bank continued in the first nine months of 2015 to achieve distinguished financial results and growth in businesses

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