08/13/2015
Despite very challenging market conditions, EFG Hermes continues to deliver strong financial results, with net recurring profits up 38% Y-O-Y, excluding one-off gains recorded in 2Q 2014
08/13/2015
United Gulf Bank B.S.C. UGB today announced a net profit attributable to shareholders of parent of $ 5.2 million for the six months ended 30 June 2015 compared to US$ 16.4 million in same period last year.
08/11/2015
The finance company said on the back of a sustained growth in the lending book and targeted expansion of the fixed income portfolio
08/11/2015
Meanwhile, low oil prices and high levels of market volatility have impacted portfolio valuations in 2015, contributing to the cooling in our second quarter profit.
08/11/2015
Operating expenses resulted in a saving of $286,000 and reduction by 4.5pc compared with the same period last year.
08/11/2015
Total profits for the period, also increased by 79 per cent to $2.54 million after considering an impairment charge of $2.2 million relating to legacy assets.
08/10/2015
Despite these strong results, QInvest continues to monitor its investments carefully, given the challenges that markets still represent going forward.
08/10/2015
Ibdar Bank has announced its financial results for the first half of the year ending 31 December, 2015 marked by improved performance and profitability.
08/10/2015
The balance sheet items achieved moderate increases, as total assets increased by two per cent, total financing and investments by two per cent and customer accounts by one per cent at the end of June 2015 compared to the end December 2014.
08/10/2015
The second quarter revenues and net profit were AED 59.7 million and AED 1.7 million respectively, as compared with revenues of AED 52.0 million and a net profit of AED 6.2 million in Q2 2014.
08/05/2015
We require financing of EGP 7bn for completion of real estate units for individuals, says Matar
08/05/2015
Noor Bank today reported record net profits of AED 272 million for the first six months of the current year ending June 30 (H1, 2015) up 26 percent from the same period last year.
08/04/2015
In July 2015, Aldar announced that it had made the decision to adopt IFRS 15 revenue recognition accounting policy early
08/03/2015
IPO performance in the Gulf Cooperation Council showed signs of recovery in terms of the number of offerings and total money raised in the second quarter of 2015 compared to the first quarter suggesting some interest in listing ahead of the traditional q
08/03/2015
Driving healthy growth and diversification across its portfolio of products and services, Barwa Bank, Qatar's most progressive Shari'ah compliant service provider, capped the first half of 2015 with noteworthy financial results.
08/03/2015
Developer's H1 revenue rises 13% as demand for its projects rises
08/03/2015
Year-to-date volumes on the Dubai Gold and Commodities Exchange registered a growth of 11% from the same period last year, trading over 7.5 million contracts.
07/30/2015
Ahlibank reported an 11 per cent increase in its net profit for the six months period ended June 30, 2015.
07/30/2015
Bank books 166 mln dirhams in impairments, down 22.6 percent
07/30/2015
Bahrain Islamic Bank announced that it has realised BHD 8.2 million as net income for the six month period ended 30 June 2015, compared to BHD 4.0 million for the same period last year, an increase of 105 per cent.