GCC banks’ operating environment to generally improve in 2017, says BMI
GCC banking sector’s asset growth will lag the improvement in the economic cycle, and begin recovering from 2017 everywhere except…
Financial Results
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Qatari bank CBQ swings to Q3 loss as impairments jump
Commercial Bank of Qatar swung to a third-quarter net loss, it reported late on Tuesday, as the Gulf Arab state's…
Qatar's Doha Bank Q3 net profit slides 14.3 pct, misses forecasts
Doha Bank, Qatar's fifth largest lender by assets, reported a 14.3 percent decline in third-quarter net profit on Wednesday, according…
Doha bank achieves sustainable performance
His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha…
Samba Financial Group latest Saudi bank to report drop in profit as bad loans weigh
Samba Financial Group became the latest Saudi bank to report a drop in third quarter earnings, as the kingdom's thirdlargest…
Ahli Bank of Qatar profit broadly static in first nine months
Ahli Bank of Qatar has reported nine months net profit of QAR 503.4 million compared with net profit of QAR…
QIB achieves net profit of QAR 1.6 billion 9M 2016
Net profit attributable to the Shareholders of the Bank amounted to QAR 1,605 million for the nine months period ended…
Emirates Islamic Announces Q3 2016 Results
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its financial results for the period ending…
Kuwait's NBK net profit soars in third quarter
National Bank of Kuwait, the emirate's largest lender, said on Monday its third quarter net profit rose 6.5 percent mainly…
Qatar's Masraf Al Rayan meets estimates with 1.3 pct Q3 profit dip
Masraf Al Rayan, Qatar's second-largest bank by market value, reported a 1.3 percent fall in third-quarter net profit on Monday,…
Mideast Stocks-Saudi shares hit by Q3 earnings, most of region weak
Saudi Arabia's stock market fell on Monday after another set of disappointing third quarter earnings, while other markets in the…
Mid East Stocks Third Quarter Bank Results May Weigh on Gulf
Stock markets in the Gulf may start the week on a lower footing as global markets offer little positive impetus…