ICIEC governors to meet
Under the patronage of His Excellency the King of Kingdom of Saudi Arabia, Salman bin Abdulaziz Al Saud, the Board…
Financial Results
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AlBaraka Türk wins $213m financing
AlBaraka Türk, one of the pioneers in the field of interest-free banking in Turkey, has reported the success of its…
Bank relocating its Gulf operations to Bahrain
Kuwait-Turkish participation Bank Inc., Kuwait Finance House’s leading subsidiary in Turkey, has announced the relocation of its Gulf operations and…
Qatar's CBQ Q1 net profit down 66.7%
Commercial Bank of Qatar (CBQ), the Gulf Arab state's third-largest lender by assets, reported a 66.7 percent drop in first-quarter…
Saudi's National Commercial Bank Q1 net profit up 2.7%
Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, reported a 2.7 percent rise in first-quarter net profit on…
Dubai surges in broad rally, rest of region sluggish early on
Dubai’s stock market rose sharply in a broad-based rally early on Tuesday but other Gulf bourses were sluggish, with Saudi…
Qatar Islamic Bank posts 12.8% profit rise
Qatar Islamic Bank (QIB), the Gulf nation’s largest Sharia-compliant lender by assets, met the average forecast of analysts as it…
Saudi's Riyad Bank reports 10.8 pct profit fall but beats forecasts
Riyad Bank reported a 10.8 percent fall in first-quarter net profit on higher impairment charges but Saudi Arabia's fourth-largest lender…
National Bank of Kuwait reports 8.1% Q1 profit rise
National Bank of Kuwait reported an 8.1% rise in first-quarter net profit, the country’s largest commercial lender said in a…
UAB reports Dh28m first quarter net profits
United Arab Bank has reported a net profit of Dh28 million for the first quarter of 2017 supported by more…
Qatar Islamic Bank profit grows to QR555m
Qatar Islamic Bank’s net profit attributable to the shareholders of the bank rose to QR555m for the three months period…
Bank results point to improvements in asset quality and profitability
First quarter UAE bank results announced so far broadly indicate soft growth in assets and profitability combined with a visible…