March remittances drop 9.8% in March amid repatriation
Money sent home by overseas Filipino workers fell by 9.8 percent year-on-year in March amid the influx of Filipinos returning…
Financial Results
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KAMCO announces Q1 financial results for 2018
KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, announced its financial results…
NREC announces KD 4 million net profit for Q1 2018
National Real Estate Company (NREC), a leading regional asset manager and developer headquartered in Kuwait with $2 billion in projects…
Bank ABC net profit surges 6pc
Bank ABC (Arab Banking Corporation B.S.C.) today announces its results for the first quarter of 2018: Financial Highlights –…
EFG Hermes reports $14m Q1 net profit
EFG Hermes, a leading financial services institution in Egypt, has posted a net profit after tax and minority interest of…
Bank ABC Announces First Quarter 2018 Net Profit of $53 Million
Bank ABC's Group Chairman, Mr. Saddek Omar El Kaber, commented that We are starting the year well with improved growth…
Aldar reports 5% rise in Q1 net income as off-plan sales rise
Aldar Properties, Abu Dhabi's largest listed developer, reported a 5 per cent rise in first quarter net profit thanks to…
Damac first quarter profit plummets 45% amid rising sales cost
Damac Properties said first quarter net profit plunged 45 per cent as the cost of sales mounted for the Dubai-based…
Waha Capital reports 23% net profit rise on improving assets
Waha Capital said first-quarter profit rose 23 per cent on strong performance of the company’s asset management division and a…
Emirates Investment Bank reports financial results for the first quarter of 2018
Operating income decreased 12.5% to AED 41.87 million (Q1 2017: AED 47.87 million) Total assets under EIBank’s management increased…
Dubai gold prices rise, 22k priced at Dh150
Gold prices rose on Monday on the back of a subdued dollar as investors considered the prospects of fewer interest…
The Ithmaar Holding reported a net profit of US$4.81 million for the three-month period ended 31 March 2018
Ithmaar Holding, a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank, a Bahrain-based Islamic retail bank, each announced their…