UAE MoF announces $1.58 bln revenue from e-Dirham in 1st 9 months 2016
Government revenues from the e-Dirham system during the first nine months of this year stood at AED 5.8 billion. …
Financial Results
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ENBD expects retail lending growth to fall to around 5 pct in 2017
Emirates NBD, Dubai's largest bank, expects loan growth within its retail business to halve next year to around 5 percent…
Egypt issues $4 bln private bond placement, mulls Eurobond delay
Egypt said on Thursday it had issued $4 billion in international bonds in a private placement aimed at plugging the…
Ahli united bank B.S.C. Net profit attributable to the equity shareholders surges by 5.5% to US$ 442.1 million for the period ended 30 september 2016
Ahli United Bank B.S.C. reported a net profit attributable to its equity shareholders of US$ 442.1 million for the nine…
Ithmaar Bank logs $16.73m net profit in first 9 months
Ithmaar Bank, a Bahrain based Islamic retail bank, reported a net profit of $16.73 million for the nine month period…
Business activity in Dubai slows down in October, index says
A gauge for private-sector activity in Dubai fell last month to its lowest since April, as improvements in tourism and…
Emaar Properties records 19% growth in net profit to AED 3.620 billion (US$ 986 million) in 9-months of 2016
Global property developer Emaar Properties recorded 19 per cent growth in net profit to AED 3.620 billion during the first…
Ithmaar 9-month profit rises to $16.7m
Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a net profit of $16.73 million for the nine-month period ended…
Kuwait to offer USD9.91bn bonds
Kuwait aims to offer USD9.91bn in bonds to global investors early in the coming year. Accordingly, Kuwait's public debt…
Ominvest to establish leading investment-banking platform
Ominvest, along with its strategic partners Oman Investment Fund and Arab Bank Ltd, has agreed to establish Ubhar Capital, which…
ABK posts KD 65.6 mln operating profit for Q3 – Total assets reach KD 4.4 bln, up 15.8%; EPS 12 fils
Al Ahli Bank of Kuwait today announced an Operating Profit of KD 65.6 million for the third quarter of 2016,…
Kuwaiti property sales slip 27% in Q3
Real estate sales in Kuwait have dropped 27 percent in the third quarter of 2016 to $5.58 billion (KD1.7 billion)…