10/30/2014
Emirates NBD AM assets double in 2 years
Firm recently introduced 8 funds under the Emirates NBD SICAV platform
Wealth & Asset Management
10/30/2014
Bank of Sharjah reports Dh272m nine-month net profit
The Board is satisfied with the interim results
10/29/2014
National Bank of Abu Dhabi's profits jump, sees further lending growth
National Bank of Abu Dhabi expects its percentage rate of growth in lending to be in the high single digits in the coming months, although the profitability of its lending will continue to be contained by intense competition
10/29/2014
NBAD, Saudi insurer earnings may help lift markets
Stock markets in the Middle East look likely to gain on Wednesday on the back of solid earnings posted, among others, by the United Arab Emirates' largest bank and several Saudi insurance companies, plus a positive global background.
10/28/2014
Abu Dhabi's First Gulf Bank 3Q Net Profit Up 20%, Beats Most Forecasts
Many banks in the U.A.E. have seen a decrease in loan-book impairments and better top-line growth as the country's economy rebounds from the global recession.
10/28/2014
Ahli United Bank net profit rises 30.1pc
The operating results of AUB were primarily driven by growth in its core operating earnings across its major markets
10/28/2014
Bank Nizwa’s Q3 financial results demonstrate strong customer confidence with 349% growth in customer financing
Trust is the most fundamental factor for the success of any organization
10/28/2014
HSBC Bank Oman announces net profit of OMR 9.5 million for 9M 2014
HSBC Bank Oman S.A.O.G. announced a net profit of OMR 9.5 million for the nine months ended 30 September 2014. While this represented a 25.2 per cent decrease over the same period last year, the comparative period in 2013 had benefitted from significant r
10/27/2014
Top Saudi banks post double digit net income growth in third quarter
Net interest growth slows as non-interest income emerges as key growth driver
10/27/2014
Dubai Investments net profit increases 87 per cent for 9M 2014
Dubai Investments PJSC (DI) has announced a net profit of AED 995 million for the nine month period ended 30th September 2014, an increase of 87 per cent compared to a net profit of AED 531 million for the same period last year.
10/27/2014
National Bank of Umm al Qaiwain (NBQ) reports nine months' profit up four per cent
Net profit for the first nine months of the year for NBQ was AED 286.4 million, up four per cent. Net interest income increased to AED 397.08 million, up 26 per cent.
10/27/2014
ABK achieves 8.3% growth in profits
ABK is committed to improve the operational efficiency, provide high quality banking services
10/27/2014
UAE's Union National Bank Q3 profit rises 22 pct, beats estimates
Union National Bank Abu Dhabi's fifth-largest listed lender by assets, reported a 22 percent rise in third-quarter net profit on Monday, beating analyst estimates.
10/27/2014
JIB posts US$ 46.83 million in profits after tax for the third quarter of 2014
Concerning the Bank’s financial results, Mr. Musa Shihadeh, Vice Chairman, General Manager of Jordan Islamic Bank said our financial results till 30/9/2014 emphasize the safety of implementing the strategic plan that bank’s management adopts i
10/27/2014
FGB’s Nine-Month Net Profit Up By 21% To A Record AED 4,105 Million Total Assets Cross The AED 200 Billion Mark
FGB, one of the leading banks in the UAE, announced its financial results for the first nine months of 2014 showing a record net profit of AED 4,105 Million, up 21% compared with the same period last year.
10/26/2014
Arab Bank Group net profit grows by 10% to reach $614.2m
Arab Bank Group reported net profit after tax and provisions for the nine months period ending 30 September 2014 of $614.2 million, up by 10 per cent from $559.1 million in the same period last year.
10/26/2014
Commercial Bank International reported a nine month net profit
Commercial Bank International reported a net Profit of Dh171 million for the First nine months of the year, representing an increase of 25 per cent from Dh136 million for the same period in 2013
10/26/2014
KFH posts net profit for shareholders of KD90.1m until end of Q3 2014
Total Assets increased by 11.8% compared to 31 December 2013 to reach KD 17.1 billion, an increase of KD1.8billion.
10/26/2014
Jordan's Housing Bank reports profits of $172.4 million for first nine months
The Housing Bank for Trade and Finance showed an 11 per cent increase in pre-tax profit while net profit for the period to end-September 2014 rose 14.5 per cent to $12.7.2 million.
10/24/2014
Emirates Islamic Bank Announces 83 Per Cent Increase In Nine Months Net Profit
Total income for the three months ended September 30, 2014, rose to AED 571 million, up 20 percent compared to the third quarter of 2013.