Qatar Islamic Bank hit by deposit outflow, while profit rises
Qatar Islamic Bank was hit by a 6.9 billion riyals ($1.9 billion) deposit outflow in the second quarter, which analysts…
Financial Results
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Emirates NBD announces 5.8 per cent rise in second quarter profits
Emirates NBD, Dubai's biggest bank by assets, said its second-quarter profit rose 5.8 per cent, thanks to higher loan rates,…
Alinma Bank net profit rises 19% in first half
Alinma Bank has announced the achievement of a net profit of SR488 million during the second quarter of 2017. …
Bank Nizwa reports first H1 profits
Total assets rose 45 per cent to OMR 613 million. Financing to customers was up 39 per cent to OMR…
Saudi's Riyad Bank Q2 net profit down 26 pct
Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a 26 percent decline in second-quarter net profit on Wednesday, missing…
Commercial Bank of Qatar profit slumps on bad loans
Commercial Bank of Qatar, the Gulf Arab state's third-largest lender by assets, reported a 58.4 per cent slump in second-quarter…
Lower issuance volume out of GCC reports NBK
Global and GCC yields were mixed in 2Q17 as markets reacted to a more optimistic economic outlook, low inflation, and…
Gulf Bank Records an Increase of 10% in Net Profit for H1 2017
Gulf Bank K.S.C.P. announced today its financial results for the first half of 2017. The Bank recorded a net profit…
KD 81.6 million net profit for KFH shareholders in H1 2017
Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq said that “KFH has, by the grace of Allah, realized a KD…
Bank Dhofar H1 consolidated net profit down 13.27 per cent
The Omani bank showed a 60.03 per cent drop in net profit from its Maisarah Islamic banking arm, falling to…
UBF releases 2016 annual report
The UAE Banks Federation, a professional body representing 48 member banks operating in the UAE, has released its 2016 annual…
Mashreq posts a three per cent y-o-y growth in net profit in the first half of 2017
Key highlights [1H 2017 vs 1H 2016]: * Steady growth in Net Profit - Net profit for the…