04/14/2015
Bank Muscat posts 8.9% rise in profit
Lender’s 43.3m riyal profit comes on the back of stronger-than-forecast fee income growth
Wealth & Asset Management
04/14/2015
Saudi bank NCB Q1 profit rises 2.8 pct on higher operating income
The lender made a net profit of 2.61 billion riyals ($696 million) in the three months to March 31, compared to 2.54 billion riyals in the same period of 2014, it said in a bourse statement.
04/13/2015
Saudi banks Samba and SABB post small profit gains, Al Rajhi earnings down
Samba Financial Group and Saudi British Bank posted small profits on Monday, while Saudi Arabia's second-largest lender Al Rajhi Bank posted a seventh consecutive drop in quarterly profit.
04/12/2015
Global reports net profit of KWD 6.5 million
Revenues from Feebased businesses represent 67% of the company's revenues generated during 2014.
04/08/2015
Qatar National Bank Q1 net profit up 10.1 pct, beats forecast
Five analysts polled by Reuters on average forecast a net profit of 2.63 billion riyals
04/08/2015
Emirates NBD Egypt Announces Strong 2014 Financial Results
464 Million EGP net profit, reflecting a 22% increase compared to 2013 Important milestones planned in 2015, with expansion in services Emirates NBD Egypt to apply state-of-the-art banking systems employed by the Group in the UAE
04/07/2015
Saudi's Riyad Bank Q1 net profit rises 8.6 percent
Riyad Bank, Saudi Arabia's third-largest listed lender by assets, posted an 8.6 percent increase in its first-quarter net profit
04/06/2015
Jordan Islamic Bank records 45.1 million dinars profit in 2014
Jordan Islamic Bank reported 2014 net profit of 45.1 million dinars, the same level as the year-ago period
04/06/2015
CBK Records 108.7% Rise In 2014 Net Profit
The Bank’s financial statements disclose all the mandatory information and details as required by the regulatory and statutory bodies
04/06/2015
Trust Re gross premiums soar
Total investments and finance income grew to $14.1m last year from $7.4m in 2013
04/05/2015
Arab Banking Corporation eyes EGP250m net profit at 2017-end
Egypt's Arab Banking Corporation is targeting 250 million Egyptian pounds (US$32.7 million) as net profits by end of 2017.
03/30/2015
UAE Islamic banking to hit $263b by 2019
Sector outpaces growth of conventional banking
03/30/2015
Bank Nizwa poised for growth; loss decreases by 37%
Bank Nizwa closed the year ending on December 31, 2014 on solid ground recording a gross revenue growth of 163 per cent from the previous year
03/29/2015
Gulf Bank AGM approves 2014 results
Gulf Bank held its Annual General Meeting and Extraordinary General Meeting at the Jumeirah Hotel Kuwait and approved the company's audited financial results for the year ended Dec 31 2014
03/29/2015
Noor Bank Annual Profit Jumps to Record
Noor Bank today reported a record net profit of AED678.1 million for 2014
03/27/2015
Jordan Islamic Bank posts net profit of $63.6m
Its assets had risen to BD3.86 billion by the end of December 2014, compared with BD3.52 billion at end of 2013, an increase of 9.4 per cent.
03/25/2015
Al Baraka Banking Group net profit up 7% to $275m in 2014
Al Baraka Banking Group held its Ordinary and Extra-ordinary General Meetings on 23rd March 2015 in Manama, the capital of the Kingdom of Bahrain. The Group's shareholders reviewed in relation to the financial year ended 31 December 2014 the report o
03/24/2015
DFM bounces back with 2.2% gain
The company also topped the market in terms of value traded, accounting for 28.5 per cent.
03/19/2015
Qatar's Ooredoo expects revenue to fall in 2015
The bank expects the operator's 2015 annual net profit to fall to 1.83 billion riyals
03/19/2015
Egypt's EFG Hermes returns to profit on investment bank expansion
The bank said net profit after tax and minority interest for the fourth quarter was up 30 percent year-on-year to 131 million pounds.