Remittances of expats in Kuwait fall
According to the Central Bank of Kuwait, the remittances of expatriates in Kuwait fell by 9.2 percent last year, from…
Financial Results
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Commercial International Bank Egypt Q1 consol Profit Rises
Commercial International Bank Egypt: Q1 consol net profit after minority interest EGP 2.02 billion vs EGP 1.73 billion year…
Samba posts 6% gain in first quarter profit
Samba Financial Group posted a 6 per cent increase in first quarter net profit, boosted by a gain in special…
Burgan Bank Group Announces First Quarter 2018 Earnings
Burgan Bank Group announced today its first quarter earnings for the financial year 2018. The set of results for the…
Lower confidence of job security and chances of pay rises, say UAE residents as cost of living increases bite back
In the final few months of last year, 40-year-old Tuan Phan had to fork out for the birth of his…
Al Baraka Banking Group's Q1 net income up 11pc
Al Baraka Banking Group has reported a 11 per cent growth in its net income for the first quarter which…
Saudi British Bank Q1 net profit edges up to $277mln
The Saudi British Bank recorded a net profit of SR1.039 billion ($276.8 million) for the quarter ended March 31, 2018…
Bahrain Islamic Bank Q1 net profit up 267 per cent
The Q1 2018 net profit is up from BD 0.6 million for the same period last year, an increase of…
Shuaa Capital maintains profitable trajectory in Q1
Shuaa Capital is working towards sustainable profitability and has aligned its business strategy for 2018 to consolidate its operations and…
UAE, Saudi PMI fortunes diverge in April
The fortunes of the UAE and Saudi Arabia’s non-oil private sector diverged in April as a key gauge showed that…
GCC banks resilient in the face of political and economic challenges: KPMG GCC listed banks report
KPMG has released the findings from the third edition of its annual GCC listed banks results report, which analyses the…
Bank of Singapore is upbeat on its Middle East prospects after a sound start to 2018
Bank of Singapore is upbeat on its prospects in the Middle East after getting off to a strong start to…