08/05/2015
Banque du Caire targets total profits of EGP 2.7bn by end of 2015
We require financing of EGP 7bn for completion of real estate units for individuals, says Matar
Wealth & Asset Management
08/05/2015
Noor Bank reports increase in profit by 26 percent to AED 272 Million for H1, 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
Aldar Properties net profit up 18%
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 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
08/03/2015
DGCX Records 15% Growth in Daily Volumes and Highest Monthly Open Interest in July
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 reports 11% rise in H1 net profit
Ahlibank reported an 11 per cent increase in its net profit for the six months period ended June 30, 2015.
07/30/2015
UAE bank NBAD sees government deposit outflow easing after $10 bln H1 exit
Bank books 166 mln dirhams in impairments, down 22.6 percent
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.
07/30/2015
NBAD Reports 2nd Quarter 2015 Results
Strength in Wholesale flow products, Retail & Commercial and International
07/30/2015
Bahrain Islamic Bank realizes 105% half yearly profit compared to last year
BisB announced that it has realized BD 8.2 million as net income for the six month period ended 30 June 2015, compared to BD 4.0 million for the same period last year, an increase of 105%.
07/29/2015
Dubai Islamic Bank Q2 net profit jumps 35 pct, beats forecasts
The bank continues its drive to support the government’s efforts to develop national leaders
07/28/2015
Bank ABC Announces Half-Year 2015 Net Profit of US$96 Million
Net profit for the second quarter was US$44 million, 33% lower than US$66 million reported for the same period last year.
07/28/2015
RAKBank Group reports Dh716 million first half net profit
Higher provisions resulted in modest profit growth
07/27/2015
Bank of Sharjah announces financial results for the first half of 2015
Bank of Sharjah has announced its financial results for the six months ending June 30, 2015. Bank of Sharjah 's net profit for the first half of 2015 increased by 16% to reach AED 176 million, compared with AED 152 million for the same period of 20
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.
07/26/2015
Gulf International Bank reports a first half profit of $47.3 million.
The Bank is owned by the six GCC governments
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).