Qatar insurers' aggregate balance sheet jumps 30% to QR39.7bn in 2015: QCB
Direct insurance or reinsurance firms governed by the Qatar Central Bank have seen their aggregate balance sheet growing by nearly…
Financial Results
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KFH 9M net profit rises 16.5% to KD 123.1 mln – EPS clocks 23.86 fils, an increase of 16.4%; net operating revenues reaches KD 264.1m
Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, realized a net…
Weakened buying interests trigger 129 point plunge for QSE
Small, micro and midcap stocks were battered heavily on Wednesday, leading the Qatar Stock Exchange plunge 129 points and settle…
Dubai Investments Q3 net profit rises 35.9 pct
Dubai Investments, a conglomerate in which sovereign fund Investment Corp of Dubai owns an 11.5 percent stake, reported a 35.9…
Beware of shady online transactions, banks warn
Saudi commercial banks have warned their customers against fraudsters using false electronic marketing websites to steal their secret banking information…
GFH shares hit 2-year high
Gulf Finance House hit a two-year high again in Dubai, even as select buying was seen in UAE stocks. GFH…
Higher impairments squeeze Abu Dhabi lenders
Performance of leading Abu Dhabi based banks in the third quarter were clouded by the relatively higher cost of funds…
UAE banking sector reports another soft quarter
The UAE banking sector reported another soft quarter with a general decline in earnings driven by higher credit costs, somewhat…
UAE banking sector profits expected to decline 10 to 20 per cent in 2016
The UAE’s banking sector is expected to face 10 to 20 per cent contraction in profits this year due to…
Profit booking sees Index plunging 229 points
Severe profit booking pressure on Sunday led Qatar Stock Exchange open the week weak with its key index plunging 229…
Jordan's Arab Bank nine-month net profit flat
Jordan's largest lender, Arab Bank Group , said on Sunday its January-September net profit came to $617.9 million, barely changed…
UAE bank deposits up by Dh30b
Total bank deposits in the UAE increased by Dh30.2 billion in September 2016 due to an Dh11.4 billion increase in…