Saudi Oger seeks payment freeze on $3.5 billion local bank debt – sources
Construction giant Saudi Oger has asked banks to agree to a freeze in repayments on at least 13 billion riyals,…
Financial Results
4429 articles found
China Construction Bank lists $600 million bond on Nasdaq Dubai
Yuan Shengrui, Senior Executive Officer of the DIFC branch of China Construction Bank, CCB, today rang the market opening bell…
KFIC Report on Global, GCC Markets Gulf equities buoyant amid bearish trends across world
Kuwait Finance and Investment Company clarified in its financial report for October; Global equity markets ended in negative territory during…
Gulf Bank reports 11% increase in net profit
Gulf Bank has announced today a net profit of KD 32.8 million for the first nine months of 2016 compared…
Social impact of Islamic Finance
The recent Global Islamic Economy Summit, provided numerous valuable insights into the future of the burgeoning Islamic Economy. According…
Mideast Stocks-Profit taking hits Gulf equities after oil tumbles
Profit taking hit major equity markets across the Gulf in early trade on Sunday after crude oil suffered its biggest…
Tijari records net profit of KD 27.5 mln for 9M – Total assets reach KD 4,047 million
Commercial Bank of Kuwait announced net profit of KD 27.5 million for the nine months period of 2016 compared with…
QInvest reports 18% revenue boost in 9M16
Revenues increased to $92.5 million, QAR337 million up 18 per cent compared to the same period in 2015, while operating…
Kuwait's Gulf Bank Q3 Net Profit Rose By 10 Pct
Gulf Bank, Kuwait's fourth largest lender by assets, reported a 10 percent rise in third quarter net profit on Sunday. …
Earnings impaired: Listed banks’ Q3 report card
The third quarter of 2016 was a generally lacklustre earnings season for banks in the UAE, reflecting a trickier operating…
Bahrain Islamic Bank realizes BD 4.3 Million net profit in 9 months
In a Press Release issued yesterday Sunday 6th November 2016 Bahrain Islamic Bank announced that it has realized BD4.3 million…
Egypt moves to secure IMF loan with currency flotation
Egypt’s currency yesterday fell by almost a third to 13 pounds against the dollar from a previously fixed rate of…