Kuwait surges 6 places, enters top 100 group at 96th position
World Bank released its latest ‘Doing Business – 2018’ report that measures the ease of doing business in 190 economies…
Financial Results
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Slump in lending poses profit challenge for Saudi banks
Saudi Arabia’s largest banks reported a drop in loans in the third quarter as credit growth stalled due to a…
First Abu Dhabi Bank Wealth Sentiment Index Remains Stable at 1052.78 in October
First Abu Dhabi Bank the UAE’s largest bank and one of the world’s largest and safest financial institutions, has announced…
Saudi Bank Samba's Quarterly Profit Falls 2.5 PCT
Saudi Arabia’s third-largest bank by assets, Samba Financial Group, reported a 2.5 percent drop in third-quarter net profit on Wednesday,…
Dubai Investments Reports Profit Rise For Q3 On Strong Rental Income
Dubai Investments, part of sovereign wealth fund Investment Corporation of Dubai, reported a 4.8 per cent rise in net income…
Mideast Stocks-Saudi soft again, Emaar and DSI hold back Dubai
Saudi Arabia's stock market fell on Tuesday despite a big rebound by petrochemical company PetroRabigh, while Dubai Investments helped offset…
Emirates NBD reports nine-month net profit of Dh6.17 billion, up 15 per cent
Emirates NBD, delivered a strong set of results with net profit up 15 per cent to Dh6.17 billion for the…
KAMCO reports KD 7.7 million revenues for 9 months of 2017
KAMCO Investment Company K.S.C., announces its financial results for the nine months ended on September 30, 2017. The company…
KIB achieves KD 13.5m net profit for 9 months of 2017
Kuwait International Bank has reported a net profit for the period ended 30 September 2017, amounting to KD 13.5 million,…
Bank Sohar Reports Profit Growth Of 46.60 Per Cent
Bank Sohar’s net profit grew by 46.60 per cent to OMR18.976 million for the nine months ended September 30, 2017…
Emirates Investment Bank Reports A 48.4 Per Cent Increase In Net Profits For The Third Quarter
EIBank’s third quarter net profit for 2017 was up 48.4 per cent from that recorder in same period last year…
Jordan's Arab Bank says Q3 net profit falls 3.9% as net income interest declines
Arab Bank, the biggest publicly traded bank in Jordan, said its third-quarter profit fell 3.9 per cent, weighed down by…