07/26/2015
Gulf International Bank reports a first half profit of $47.3 million.
The Bank is owned by the six GCC governments
Wealth & Asset Management
07/26/2015
Dubai residential rents drop 3% during Q2, according to ADIB Real Estate Report
This comes amongst a surge in supply as 6,750 new residential units were delivered this quarter, taking the total Dubai residential stock to 479,000 units.
07/26/2015
Ahli Bank of Kuwait reports profit up 7.2 per cent to KWD 20.4 million for H1 2015
Al Ahli Bank of Kuwait reported net profit of KWD 20.44 million ($67.45 million) for H1 2015, up 7.2 per cent. Operating income rose 4.6 per cent to KWD 62.64 million ($206.7 million).
07/26/2015
Ezdan Holding’s H1 profit jumps 20%
Sheikh Dr Khalid (left) and al-Obaidli: Integrated plan to upgrade operational efficiency.
07/23/2015
CBD's H1 net profit rises 5%
Customer deposits surge 10.4% to Dh35.6b; operating expenses up 25%.
07/22/2015
Union National Bank records first-half 2015 profit of AED 1,186 million, up by 15%
This growth in assets was the result of the focussed efforts of the operating business segments
07/22/2015
Rise in commissions and fees boost Abu Dhabi Islamic Bank profit
The bank said it would focus more on improving customer access to digital banking.
07/21/2015
UAE markets jump ahead of Q2 results
Property companies lifted Dubai's stock market on Monday and banks supported Abu Dhabi as expectations for positive second-quarter results boosted both sectors.
07/21/2015
Kuwait’s Burgan Bank Q2 net profit rises 23 pct
Burgan said the rise in net profit was due to growth in operations and increase in net gains from foreign currencies.
07/21/2015
Dunia Group reports record half year profit
We remain deeply committed to providing world-class service and innovative financial products that can truly enhance the dunia customer experience
07/21/2015
Abu Dhabi Commercial Q2 profit up 21pc
Abu Dhabi Commercial Bank on Tuesday posted a 21 per cent rise in second-quarter net profit, slightly beating analysts' forecasts.
07/21/2015
Warba Bank's first half 2015 net profit rises record 633%
Total revenue increase 37% to reach KD 11.170 million
07/20/2015
Burgan Bank Group announces H1 2015 results
The consolidated financials encompass the results of the Group’s operations in Kuwait
07/19/2015
S&P Global BMI Shariah index falls in June quarter
The S&P Global BMI Shariah index fell in the second quarter to June, underperforming the Mena equity indices. the indices provider said in a statement.
07/16/2015
BBK’s net profit rises 8.2pc to $78 million
The increase in net profits was mainly attributable to a 12.1 per cent increase in fees and commission income to BD15.3 million from BD13.7 million reported for June last year.
07/16/2015
Mashreq posts a 12% increase in Net Profit
Mashreq delivered strong financial results for the first half ending June 2015
07/16/2015
Ahli United Bank Registers Net Profit Of KD 25.5m In H1, 2015
Ahli United Bank has obtained a credit rating from "Fitch" which affirmed the bank's credit strength on the Long-Term and Short-Term to 'A' and 'F1' respectively with a stable Outlook.
07/15/2015
UAB first-half profit up 5%
Shaikh Faisal bin Sultan bin Salem Al Qassimi, Chairman of the UAB board of directors, said this year marks a truly historic milestone for UAB as the bank celebrates its 40th anniversary.
07/15/2015
Gulf Bank Posts 20% growth in Net Profit for the First Half 2015.
Precautionary provisions increased to KD 150 Million .
07/15/2015
Emirates NBD Announces First Half 2015 Results
Net profits up 41% to AED 3.3 billion on higher income and lower provisions