Egypt’s CIB reports higher net income, revenues in Q2
The Commercial International Bank, Egypt’s largest listed company, on Wednesday reported a 28 per cent rise in second quarter net…
Financial Results
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Saudi central bank's foreign assets drop $11bn
Net foreign assets at Saudi Arabia's central bank fell by $11 billion from the previous month to $562 billion in…
NBAD profits fall 8% to Dh2.65b
The National Bank of Abu Dhabi reported on Wednesday Dh2.65 billion in net profit for the first half of 2016,…
National Bank of Abu Dhabi Q2 net profit dips 4.8 pct, meets forecasts
National Bank of Abu Dhabi , the emirate's largest lender by assets, on Wednesday posted a 4.8 percent fall in…
FGB Second Quarter Group Revenue up 3%
Net Profit reaches AED 2.64 Billion in First Half 2016 Second quarter Group Revenue up 3% sequentially; Second quarter…
QFB announces half year results
Revenue increased by 46% to QAR 353 million (US$ 97 million); Net Profit increased to QAR 16.8 million (US$…
Bank ABC’s net profit up 5% to $101m in H1
Bank ABC announced Tuesday that its consolidated group net profit, attributable to the shareholders of the parent, for the first…
Gulf markets slip as Saudi hit by poor Q2 earnings
Gulf stock markets mostly fell yesterday as soft oil prices dampened buying, while Saudi Arabia’s index fell 0.7% on disappointing…
UAE Rebounds, Bank weigh on Saudi
Gulf stock markets diverged on Monday, with the two main bourses in the United Arab Emirates recovering from losses in…
Mideast cross-border deal-making ‘steady’ despite global decline
Global cross-border M&A volume and values were subdued in Q2 2016, as investors held their breath, but the Middle East…
Remittances from Qatar up in 2016 first half
Remittance outflow from Qatar increased in the first half of 2016, figures from exchange houses here revealed. Citing a…
Bank of Sharjah announces net profit of AED 176 million for H1 2016
Total Assets reached AED 26,289 million, a two per cent decrease over the corresponding 30 June 2015 balance of AED…