Financial Results

Financial Results

BARCLAYS ‘COMPASS’: Developed and Emerging Markets equities maintain their growth momentum

August 7, 2017

Barclays’ Private Bank released its Q3 2017 “Compass” Report, which examines major asset classes globally.   The latest research report…

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Financial Results

Kuwait Fund Touts $150 Billion Profit as It Explains Areva Flop

August 7, 2017

Kuwait Investment Authority, the world’s fourth-largest sovereign wealth fund, said it earned a net income of 45.2 billion dinars ($150…

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Financial Results

Abu Dhabi Securities Exchange net foreign investments $7million in July 2017

August 7, 2017

Foreign investors’ purchases in July 2017 reached AED1.391 billion at Abu Dhabi Securities Exchange, ADX, accounting for 42.5 percent of…

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Financial Results

Alizz Islamic bank achieves better performance

August 7, 2017

Alizz Islamic Bank has announced its second quarter results for 2017.    The growth of the numbers is in line…

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Financial Results

Al Baraka Banking Group net income Q2 2017 increases 19%

August 7, 2017

The Bahrain based leading Islamic banking multinational, Al Baraka Banking Group B.S.C, reported a significant improvement in its profitability indicators…

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Financial Results

Aldar’s first half net profit down 3.8%

August 3, 2017

Aldar Properties posted a 3.8 per cent decrease in net profit for the first half of 2017 when compared to…

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Financial Results

Saudi business conditions improved last month

August 3, 2017

Growth in Saudi Arabia’s non-oil private sector picked up at the start of the third quarter on the back of…

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Financial Results

Dubai Investments reports rising rent income despite profit decline

August 1, 2017

Dubai Investments said second-quarter profit fell 12 percent to 191 million dirhams ($52 million) as it plows ahead with a…

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Financial Results

In Abu Dhabi, smaller the flat, bigger the returns

August 1, 2017

It's common knowledge that close to 50 per cent of Abu Dhabi's gross domestic product is reliant on the oil…

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Financial Results

Turkey: Banking sector's net profit up over 30 percent

July 31, 2017

Turkey’s banking sector made 25.35 billion Turkish liras ($7.24 billion) net profit between January and June this year, according to…

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Financial Results

Dubai developer Nakheel targets growth in recurring revenue

July 30, 2017

Property developer Nakheel wants recurring income to increase to more than 50 percent of all revenue by 2021 as it…

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Financial Results

Al Ahlia Insurance posts better half-yearly results; issue to close on August 2

July 30, 2017

Al Ahlia Insurance declared its unaudited interim results for the first six months of 2017, recording a growth of 14.5…

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