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…
Financial Results
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Gulf Bank posts an 11% increase in Net Profit in H1 2016
Gulf Bank today announced a net profit of KD 20.7 million for the first half of 2016, an increase of…
Arab Bank Group announces a net Profit of USD 424.9 million in the first half of 2016
Arab Bank Group delivered solid financial results for the period ending June 2016, recording net profit after taxes and provisions…
The Saudi Investment Bank reports a 29 per cent fall in H1 profits
Earnings per share were SAR 0.76, down from SAR 1.07 last year, recalculated to reflect the increase in the bank’s…
Q2 2016 Middle East cross-border deal-making steady despite global decline: Baker & McKenzie Report
Global cross-border M&A volume and values were subdued in Q2 2016, as investors held their breath, but the Middle East…
Doha Bank achieves strong performance ratios
His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha…
Mashreq posts a 9.4 per cent y–o–y growth in operating profit for H1 2016
Mashreq's CEO, HE AbdulAziz Al Ghurair, said, “Mashreq’s prudent fiscal policies and continued commitment to its focus on placing its…
Commercial Bank announces net profit down 65 per cent for Q2 2016
The Bank delivered a net profit of QAR 208 million for the second quarter 2016 a decrease of 65% compared…
NBF posts Dh275.1 million first half net profits, down 9.4%
National Bank of Fujairah posted a net profit of Dh275.1 million in the first half of 2016 down 9.4 per…
Qatar 'most active' in debt capital markets
Qatar was the “most active” nation in the Middle East accounting for 41% of overall activity in the debt capital…
Saudi's Alinma Bank Q2 net profit up 12.1 pct, in line with estimates
Saudi Arabia's Alinma Bank reported a 12.1 percent rise in second-quarter net profit on Thursday, in line with the average…
Saudi’s Arab National Bank Q2 net profit slips 2.1% on higher costs
Arab National Bank, Saudi Arabia’s seventh-largest lender by assets, reported a 2.1 per cent fall in second-quarter net profit on…