Financial Results

Financial Results

World has confidence in Egypt's economy, Inflation fell to less than 10%.: CBE Governor

April 14, 2019

"The world trusts the capabilities of Egypt's economy, following the success of the economic reform program which exceeded expectations,".said Governor…

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Financial Results

Saudi wealth fund in talks to raise up to $8 bln bridge loan -sources

April 14, 2019

Saudi Arabia’s Public Investment Fund is in talks with banks to raise a short-term bridge loan for as much as…

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Comment & Analysis

Boubyan Bank records net profits in Q1 2019

April 14, 2019

Al-Majed: A Remarkable Start for 2019, and a Motivation for Further Achievements   Boubyan Bank has announced KD 14.6 million…

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Financial Results

Emirates NBD confirms sale of 127.5 million shares

April 11, 2019

Emirates NBD Bank has confirmed the sale of 127,474,500 ordinary shares from its shareholding in Network International.   The sale…

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Financial Results

Qatar's QNB net income jumps 4 percent

April 11, 2019

Qatar National Bank  recorded a 4 percent boost in its net income from January to March 2019, standing at USD0.98…

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Financial Results

Qatar National Bank Q1 net profit rises 3.8 pct, broadly in li1ne with estimates

April 9, 2019

Qatar National Bank the Gulf's largest lender, reported a 3.8 percent increase in first-quarter net profit, it said on Tuesday,…

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Comment & Analysis

ADNOC Distribution shines in Abu Dhabi, Saudi drops

April 8, 2019

ADNOC Distribution lifted the Abu Dhabi stock market on Sunday and Dubai continued its winning streak, while Saudi Arabia lagged…

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Financial Results

Gulf Investment Corporation reports net profits of $107million for 2018

April 8, 2019

Gulf Investment Corporation has  announced the results of its operations for the fiscal year ending 31 December 2018. Operating profits,…

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Comment & Analysis

Bahrain’s FDI surges 5.5pc to $29bn in 2018: iGA

April 4, 2019

Bahrain recorded a foreign direct investment  of BD11 ($29 billion) during 2018, reflecting an increase of 5.5 per cent over…

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Financial Results

IMF Executive Board Concludes 2019 Article IV Consultation with Kuwait

April 4, 2019

On March 25, 2019, the Executive Board of the International Monetary Fund concluded the 2019 Article IV consultation with Kuwait. …

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Financial Results

Bahrain's foreign direct investment soars 5.5%

April 4, 2019

The volume of direct foreign investment in Bahrain has increased by 5.5 per cent with a value exceeding BD11 billion…

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Financial Results

Aramco world’s most profitable company in 2018

April 2, 2019

Oil giant Saudi Aramco revealed yesterday it made the world’s biggest corporate profit last year, opening its secretive accounts for…

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