Commercial Bank of Kuwait H1 profits down by almost one-third
Total operating revenue was down just 1.2 per cent in H1 at KWD 71.52 million while net operating profit was…
Financial Results
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Dubai Financial Group sells 11.8% stake in EFG-Hermes to Natixis
Dubai Holding unit Dubai Financial Group has said it has sold its 11.8 percent stake in Egyptian investment bank EFG-Hermes…
Qatar central bank offers bonds in first riyal sale this year
Qatar’s central bank is offering QAR3bn of government bonds in its first domestic bond sale this year, suggesting liquidity conditions…
Taqa Debt Beats Middle East as Abu Dhabi Utility Mulls Bond Sale
Abu Dhabi National Energy Co. bonds are outperforming regional debt just as the government-controlled utility known as Taqa considers selling…
Abu Dhabi Islamic Bank says H1 net profit climb 33% in Egypt
Abu Dhabi Islamic Bank (ADIB) reported Thursday a 33 percent y-o-y rise in first half net profit in Egypt to…
KFH-Turkey closes H1 2016 with a profit of 256 million TL
Kuwait Finance House- Turkey has closed the first half of 2016 with a net profit to TL 256 million with…
Sharjah reports $3.3bn in real estate transactions in H1
The total value of real estate transactions in Sharjah in the first half of the year amounted to AED12.1 billion…
Ithmaar Bank announces half year results
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported today a net profit of US$11.96 million for the first half of…
UGB announces results for the first half of 2016
United Gulf Bank B.S.C. UGB today announced a net profit attributable to shareholders of parent of $ 4.2 million for…
Bank Hapoalim Announces Second Quarter 2016 Financial Results
Bank Hapoalim, Israel's leading financial group, today announced financial results for the second quarter ended June 30, 2016. Second…
Mideast Stocks-Qatar up on emerging fund inflows, Gulf slightly higher
Qatar's main stock index outperformed its peers in early trade on Tuesday as emerging market funds continue to hunt for…
Successful start-ups help QBIC generate QR6mn revenue
The Qatar Business Incubation Centre has generated nearly QR6mn in revenue from the QR1.9mn it has invested in “successful applicants,”…