08/10/2015

Al Baraka raises net income by five per cent for H1 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

Shuaa Capital second quarter net profit falls 72%

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.

08/03/2015

IPO performance improves in GCC - PwC

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

Barwa Bank total assets up by 16%

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

Emaar profit up 12%

Developer's H1 revenue rises 13% as demand for its projects rises

07/30/2015

BisB announces net profit for H1 2015 of BHD 8.2 million

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.

07/27/2015

UAE's First Gulf Bank Q2 net profit rises 8%

The results were in line with the estimates of six analysts polled by Reuters earlier this month. They had forecast an average net profit of 1.44 billion dirhams.