09/14/2015
Saudi banks still strong despite oil slump: Saudi British Bank, MD, David Dew
SABB is the kingdom's fifth-largest lender by assets and is 40 percent owned by HSBC, Europe's biggest bank.
Wealth & Asset Management
09/09/2015
JIB’s profit rises 10.2pc to $35m
The JIB board, represented by ABG president and chief executive Adnan Ahmed Yousif, approved the financial statements expressing satisfaction with the results which affirm the solid financial status of the bank
09/05/2015
DIFC reports impressive growth in first half of 2015
Total number of registered companies up 8.3% to 1,327
09/04/2015
Moody's: Al Ahleia's acquisition of Kuwait Re constrains capital position and financial flexibility
Following the announcement, Moody's Investors Service affirmed Al Ahleia's A3 insurance financial strength rating and changed the outlook to negative from stable.
09/02/2015
Gulf Finance: Softer quarterly growth and sales outlook for UAE SME sector
Gulf Finance Corporation, a wholly-owned subsidiary of SHUAA Capital and a leading provider of finance to SME and micro businesses, today announced the results of their Q2 2015 UAE SME Sentiment Survey.
09/01/2015
Dubai first half corporate earnings surge to $4.1b
On the DFM out of the nine sectors banks was the major gainer as a sector with 32 per cent rise in earnings
08/31/2015
Seera reports $2.3 million net profit for H1 2015
Seera Investment Bank announced its results for the six months ended 30thJune 2015 reporting consolidated net income of $2.3 million for the six months period compared to a loss of $29.5 million for the same period last year.
08/31/2015
Dubai first-half corporate earnings surge to $4.1b
Growth driven by robust banking sector, which increased 32%
08/30/2015
Investcorp reports 13% rise in net income for FY15
The Firm's balance sheet remains well capitalised, and at its strongest in terms of key metrics since 2008
08/30/2015
KSE's Consolidated Earnings Up 1.2% In H1
Although the UAE was the best-performing market in the GCC in 2014, Qatar outperformed it in 1H15.
08/30/2015
Islamic finance assets expected to reach $3.24 trillion by 2020
The CEOs debate will be followed by one of the key sessions of the summit, covering how Islamic financial institutions have moved from niche to mainstream by being part of the global agenda.
08/23/2015
KFH-Turkey's Net Profit Increased by 17.5%
The bank has been operating in the participation banking sector for more than 25 years with its robust shareholding structure and strong capital base.
08/20/2015
Bank Nizwa reports 46 per cent growth in revenues in Q2 2015
In a review meeting of its financial results for Q2 2015, the Board of Bank Nizwa reported a 46 per cent rise in its total revenues.
08/17/2015
IGIH reports net profit of $16.2m for H1
Net earnings were $16.2 million as at 30th June 2015 against $18.5 million for the same period last year.
08/17/2015
NBK - Egypt reports net profits of EGP 284 million for 1H 2015
This strong performance is attributed to the bank's conservative strategy as a member of the NBK Group.
08/17/2015
Union Insurance Company Reports a 12% Increase in Gross Insurance Premium in H1 2015
The company's total assets increased from AED890 million at year-end 2014 to AED982 million as of 30June 2015.
08/13/2015
Global Reports KWD2.8 million net Profit in First Half 2015
During H1 2015, The Asset Management business remained resilient with KD1.2 billion US$4 billion of assets under management.
08/13/2015
Waha Capital Q2 profit drops 85% after one-off gain in 2014
Waha a year earlier recorded a one-off gain of AED1.31 billion from its investment in Aercap Holdings.
08/13/2015
GFH reports $13.6 million net profit for H1 2015
GFH Financial Group, today announced its financial results for the first half of 2015 ended June 30, 2015.
08/13/2015
ADNIC announces Q2 2015 results
Abu Dhabi National Insurance Company announced today its financial results for the second quarter ended June 30th 2015.