Gulf Bond Sales Return, And This Time It’s None of Your Business
Gulf borrowers are back in the bond market, and a new pattern is emerging. As debt sales from issuers in…
Financial Results
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Gulf Bank posts KD 8.8 mln net profit in Q1 – Total assets up by KD 65 mln to KD 5,459 million
Gulf Bank announced a net profit of KD 8.8 million in Q1 2016. This figure is down by KD 1…
Ezdan's $500m debut Sukuk a huge hit
Ezdan Holding Group Q.S.C. has priced its inaugural Sukuk transaction in the debt capital markets with a very successful $500m…
US Reveals How Much Treasury Debt Saudi Arabia Owns
Foreign holdings of U.S. Treasury securities rose in March, with the Treasury Department revealing for the first time in four…
Ithmaar Bank reports net profit attributable to equity holders of the bank of US$ 1.22 million for the First Quarter of 2016
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported today a net profit of US$4.83 million for the first quarter of…
SHUAA Capital reports net loss
SHUAA Capital today announces its Q1 results with an increase in total revenues to AED 45.5 million and a net…
ABK Posts Operating Profit Of KD 22.1 MLN In Q1
Al Ahli Bank of Kuwait today announced an operating profit of KD 22.1 million for the first quarter of 2016,…
Union Insurance Posts a 40% Increase in Gross Insurance Premium in Q1 2016
Union Insurance Company , a leading provider of innovative customer-focused insurance products to individuals and organizations in the region, announced…
Kuwait's Gulf Bank Q1 net profit slips 10 pct as bad loans weigh
Gulf Bank , Kuwait's fourth-largest lender by assets, reported a 10 percent fall in first-quarter net profit on Monday, as…
Egypt's CIB Reports 17 Pct Rise In Q1 Net Profit
Commercial International Bank, Egypt's largest-listed company, reported a 17-percent rise in first-quarter net profit helped by improved interest margins. …
Global distributes USD35 million to its clients investing in its private equity funds
Global Investment House (Global) announced today that two funds managed by its Private Equity Asset Management team has distributed USD35…
Lloyd’s looks to boost insurance premiums in Middle East
Lloyd’s of London is banking on under-penetration in the Middle East region to boost its gross written premiums as the…