06/02/2015

Ibdar Bank announces USD 3 m profits for Q1/2015

Ibdar Bank, the Bahrain based wholesale Islamic investment bank, today announced its financial results for the first quarter of the year ended March 31, 2015 marked by strong performance and profitability.

05/16/2015

GCC tiles market seen growing at 10-12% annually until 2020

The Gulf Co-operation Council tiles market is expected to grow at a compound annual growth rate of more than 10-12% until 2020, driven by increasing demand in the residential and hospitality sectors, according to a report by Frost and Sullivan.

05/14/2015

LMC net profit tops $1.26m

Wholesale Islamic bank Liquidity Management Centre (LMC) posted a net profit of $1.26 million in the first quarter of this year

05/14/2015

GFH posts US$ 6 m in first quarter profits

The quarter’s strong results were an outcome of the strong performances across the investment banking, commercial banking and industrial segments of the Group.

05/14/2015

UGB's Q1 profits fall to $2.1 million

United Gulf Bank has announced a net profit of $2.1 million for the first quarter of 2015, compared to $10.2 million for the first quarter of 2014.