10/24/2015
Barclays’ Wealth and Investment Management’s Q4 2015 Compass report states that the global economy is expected to accelerate over the final quarter of the year, with an increasingly buoyant US private sector at its heart.
10/24/2015
It said its loans book and customer deposits had continued to grow despite exchange-rate fluctuations.
10/21/2015
This represents an increase of 13% over the same quarter of last year.
10/20/2015
Commenting on the Bank's performance and future outlook, Mr. Murad Ali Murad, Chairman of the Board of Directors said, "We are satisfied with our financial results for the nine months of the year.
10/19/2015
It is the third Qatari bank to report results so far this earnings season and the first to miss analyst expectations.
10/19/2015
The lender's earnings were boosted by an 10 per cent year on year gain in net interest income, made from traditional banking operations
10/18/2015
HSBC earned the most with 11% of total fee pool and topped both the completed M&A and equity capital markets underwriting fee rankings
10/18/2015
Analysts polled by Reuters had forecast an average net profit for the period of 1.19 billion dirhams.
10/14/2015
Net interest income rose 4% to QR570.7mn and net non-interest earnings grew faster at 29% to QR182.6mn.
10/13/2015
National Bank of Kuwait reported net profits of $754.5 million KWD 227.9 million for the first nine months of 2015 compared with $675.0 million KWD 203.9 million for the same period in 2014, growing 11.8 per cent year-on-year.
10/13/2015
Profits for the first nine months of the year reached SAR 1,128 million, up 202 per cent. Earnings per share rose from SAR 0.93 to SAR 2.82.
10/13/2015
Global wealth reached 250 trillion US dollars in 2015, slightly less than a year earlier, due to adverse exchange rate movements.
10/11/2015
Dubai market cap declines while Abu Dhabi gains
10/11/2015
Gold has demonstrated its strength in recent weeks and oil markets have begun to stabilise
10/11/2015
Q3 net profit 1.99 bln riyals Vs 1.87 bln riyals yr-ago
10/09/2015
The bank attributed its net profit rise to increased operatng income and lower expenses, but did not elaborate.
10/09/2015
Total operating income for the quarter rose 7.6 percent to 1.99 billion riyals and profit from special commissions grew 0.8 percent to 1.18 billion riyals.
10/08/2015
Gulf's largest lender posts 6.1% rise in Q3 net profit
Four analysts polled by Reuters had on average forecast QNB would make a quarterly net profit of 2.94 billion riyals.
10/08/2015
The Qatari fund is the ninth largest in the world with assets worth $250m, according to Gulf News.
10/02/2015
Net income growth at the 26 banks it rates in the region will decline below 10 percent in 2015 and potentially slow further in 2016, the ratings firm said.