NBF’s Q2 2017 net profit bounces back 24.4 per cent
National Bank of Fujairah PJSC has announced its results for the six month period ended 30 June 2017. NBF posted…
Financial Results
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SIB’s net profits up 6.2% in first half of 2017
Sharjah Islamic Bank reported a net profit of Dh272.9 million for the first half of 2017, up 6.2 per cent…
Ajman Bank records a drop in net profit for the first half of 2017
In an announcement on the Dubai Financial Market, Ajman Bank reported a slight loss in net profirt for the first…
Sharjah Islamic Bank's H1 profit increases 6.2%
Sharjah Islamic Bank net profit increased 6.2 per cent to Dh272.9 million in the first half of 2017 compared to…
UAB reports Dh55m net profits for the first half of 2017
United Arab Bank on Thursday reported Dh55.14 million net profit for the six months of 2017, down 22 per cent…
Gulf retail sector to present sustained growth
The retail sector of the Gulf Cooperation Council will reach revenues of USD 313.2 billion in 2021. The GCC…
Sanctions against Qatar push inflation up modestly in June
Sanctions imposed by Arab states pushed Qatar’s inflation rate up only modestly in June, official data showed on Thursday, suggesting…
Bank Muscat net profits fall
Bank Muscat's net profits fell to RO84.31m in the six months to the end of June - 6.8% down from…
Boubyan Bank records KD 21.9m in net profits
Boubyan Bank has recorded a net profit growth of 16% in the First half of 2017. The bank’s net…
KFIC Report for the Global and GCC Financial Markets in June
Global equity markets rise during the second quarter of 2017 as the MSCI World Index gained +3.38%. Japan’s Nikkei 225…
Gulf Navigation targets 300% revenue growth by 2021
Gulf Navigation Holding, a Dubai-listed shipping company, said on Monday it is targeting revenue growth of 300 per cent by…
Middle East investment banking fees shrink 15 per cent in the first half of 2017
Middle Eastern investment banking fees totalled an estimated $462.1 million (Dh1.7 billion) during the first six months of 2017, down…