60 years bodes well for ibq
International Bank of Qatar (ibq)’s net profit for the year ended 31 December 2016 was at QAR 500.3 million, an…
Financial Results
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Bahrain's Investcorp H1 net income falls 30 pct
Bahrain-based alternative investment fund Investcorp posted a 30 percent decrease in first-half net profit on Thursday. Profit fell to…
Jordan Islamic Bank posts profits before tax of $118.1 million for 2016
Jordan Islamic Bank a subsidiary of Al Baraka Banking Group achieved profits before tax in an amount of US$ 118.1…
Takaful Emarat Net Profits increase by 47 per cent
DFM-listed, Shari'ah-compliant Life and Health Takaful provider, Takaful Emarat delivered strong growth across its core business for FY 2016, with…
Dubai Islamic Bank issues $1 billion senior Sukuk
Dubai Islamic Bank announced the successful pricing of the largest senior Sukuk issuance by a financial institution globally. The…
Saudi inflation slows in December
Saudi Arabia’s consumer inflation slowed in December 2016, losing speed for the first time at least since 2012, said a…
Data points to slower private sector credit growth
Private sector credit growth in the UAE strengthened in December, led by improvements in loans to corporate sector with a…
QNB honoured as most valuable banking brand in Middle East and Africa region
QNB Group has maintained its ranking of the “most valuable banking brand” in the Middle East and Africa region, confirming…
Warba Bank posts KD 2.5 mln in '16 net profits
Warba Bank posted on Saturday net profits worth KD 2.5 million during the year of 2016, marking a rise of…
Commercial Bank of Dubai reports Q4 loss on bad debts and expenses
Commercial Bank of Dubai reported a decline in profit as higher provisions for bad debt and an increase in operating…
Bank ABC posts $183m net profit for 2016
Bank ABC (Arab Banking Corporation) has reported a consolidated Group net profit of $183 million for the year 2016, 2…
Gulf Finance House 2016 net profit jumps nearly 20 folds
Gulf Finance House on Sunday posted a solid set of fourth quarter and 2016 results, with net profit jumping to…