GFH reports 2016 financial results, makes new investments in emerging markets
GFH reports a major recoveries and a 20 per cent profit distribution as it plans to double shareholders equity with…
Financial Results
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UAE private sector shows improvement in Jan
The performance of the UAE’s non-oil private sector improved slightly in January thanks to expansions in output and new work…
Weakened purchasing power decreased economic growth to 3.4% during Q1 of FY 2016/17
The drop of the Egyptian pound against the US dollar by more than 70% put Egypt through a number of…
First Gulf posts record profit of $1.64bn for 2016
First Gulf Bank registered a record profit of Dh6.03 billion ($1.64 billion) for the full year 2016, compared to Dh6.01…
Tijari declares net profit of KD 50.4m for 2016
Commercial Bank of Kuwait announced a net profit of KD 50.4 million a growth of 9.1 percent compared to last…
Kuwait Finance House Q4 net profit rises 5 pct
Kuwait Finance House, the country's biggest Islamic lender, reported a 5 percent rise in fourth-quarter net profit on Tuesday, according…
Qatar shares settle below 10,600 as index falls for fifth day
The Qatar Stock Exchange on Tuesday settled below 10,600 levels, having seen its key index wipe off 393 points since…
UAE's First Gulf Bank reports 11 pct fall in Q4 profit
First Gulf Bank, Abu Dhabi's third-largest lender by assets, reported an 11 percent fall in fourth-quarter net profit on Tuesday…
ADCB reports 16 per cent lower full year profit for 2016 vs 2015
These results were 16 per cent lower year-on-year, impacted by the lingering effects of the low oil price on economic…
Omani banks face profitability pressures from slower economy: Moody’s
The three largest Omani banks — BankMuscat, Bank Dhofar and National Bank of Oman — are facing dual profitability pressures…
Gulf Bank reports net profit of KD 43 million, up 10% from 2015
Gulf Bank K.S.C.P. announced today its financial results for the year ending 31 December 2016. The Bank recorded a…
Gulf Bank reports KD 43m net profit for 2016
Gulf Bank K.S.C.P. announced yesterday its financial results for the year ending 31 December 2016. The Bank recorded a…