This UAE lender sees good days ahead for retail banking
Facing macroeconomic headwinds, retail banking business in the UAE has been facing anaemic asset growth, margin pressures and lingering loan…
Financial Results
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ABK reports first quarter Net Profit of KD 8.5 Million
Highlighting its positive performance in the first quarter of 2017, Al Ahli Bank of Kuwait today announced a net profit…
Shuaa Capital posts first profit rise in seven quarters
Shuaa Capital, the Dubai investment bank, reported its first profit in seven quarters on a reduction in money set aside…
QFB reports QR121.5mn revenues in Q1
Qatar First Bank, the country's leading Shariah-compliant lender, has reported revenues of QR121.5mn in the first three months of this…
Liquidity situation improving in Oman
Bank liquidity in Oman is improving and financial institutions are in a comfortable position now, according to bankers, who attended…
Kuwait Finance House Q1 profit up 13.2 pct as investment income surges
Kuwait Finance House posted a 13 percent rise in first quarter profit from a year earlier, due to a surge…
Dubai's Sukuk issuances now highest in world at $53.31bln
Since Dubai first announced its intention to become the capital of the Islamic economy, much progress has been made. …
UAE shares close higher
Shares in the UAE closed in positive territory on Tuesday on a day of mixed first-quarter earnings. Saudi shares…
Insurance sector lifts Saudi bourse
The Tadawul All Share Index on Monday rose 0.1 percent as most insurance stocks were lifted by the exceptional financial…
Dubai, Qatar resilient despite some weak Q1 results, Saudi slips
Stock markets in the Gulf most exposed to foreign trade held their ground on Tuesday, with Dubai and Qatar showing…
Global Islamic finance assets grew by 7% to reach $2.293trillion in 2016
Global Islamic Finance Report 2017, the oldest yearbook in Islamic banking and finance, was launched yesterday in Fairmont The Palm,…