QIB Q1 profit jumps 12.6% to QR625.2mn
Qatar’s leading Islamic Bank QIB has posted a net profit of QR625.2mn in the first quarter of the year, up…
Financial Results
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Qatar's Masraf Al Rayan's first quarter net profit rises 4.1 pct
Masraf Al Rayan, Qatar’s second-largest bank by market value, reported a 4.1 percent increase in first-quarter net profit on Monday,…
Offshore Deal Volume In 2017 Outpaces Previous Year
The number and value of offshore M&A deals rose in 2017, making it one of the busiest years recorded for…
Bank Muscat posts preliminary $116.3mln net profit
Bank Muscat has released its preliminary results for three months ending 31 March 2018. The bank posted a net…
Gulf Bank marks 10th anniversary
Gulf African Bank is set to mark its 10th anniversary this year, which also marks a decade since Shari’ah compliant…
Qatar banks’ assets expand by 9% to $378.9bn
Qatar’s non-hydrocarbon sector grew 4.2 percent in 2017, offset by a contraction in the hydrocarbon sector. The real GDP growth…
Gold, Treasuries unloved as investors get their risk appetites back
Gold prices came off an 11-week high and Treasury yields are back up as investors regained their risk appetites after…
Mena investment banking fees declined 6% in first quarter 2018
Middle Eastern & North African (Mena) investment banking fees declined six per cent year on year in the first quarter…
Foreign investment in Sharjah doubles to $1.6bn in 2017
Sharjah FDI Office, the investment promotion arm of the Sharjah government, has revealed that the emirate attracted a total of…
National Bank of Kuwait reports 9.6 pct Q1 profit jump
National Bank of Kuwait , the Gulf Arab state’s largest commercial lender, reported a 9.6 percent rise in first-quarter net…
Dubai's FDI flow surges to Dh27.3 billion in 2017
Dubai ranks among the top 10 international cities in attracting foreign investment estimated at Dh27.3 billion in 2017, an increase…
Dubai's mid-market real estate strong in Q1, report shows
Despite flattening in the overall market, secondary residential market transactions remained relatively stable in the first quarter of 2018, according…