UAE residents want health expenses covered, HSBC report says
A majority of UAE residents want their employer or the government to pay for their healthcare expenses, according to a…
Financial Results
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Qatar Bank Liquidity Slumps in February After Deposits Decline
Qatar bank liquidity tightened in February as customer deposits declined and lending rose in the world’s biggest exporter of liquefied…
Barwa Bank posts 2015 profit of QR729.7mn
Barwa Bank Group posted a net profit of QR729.7mn in 2015, the bank said yesterday. The bank saw an…
QNB posts Q1 profit at QR2.9bn; assets grow by 9.7%
QNB Group, the largest lender in the Middle East and Africa, has posted a net profit of QR2.9bn ($787m) for…
Kuwait sets KD 2 bln in sukuk, bond issue – Bid to cover part of budget deficit
Kuwait’s government plans to issue KD 2 billion ($6.6 billion) of Islamic and conventional bonds to help cover a budget…
Commercial Bank of Kuwait hoping to maintain profit level in tough times
Commercial Bank of Kuwait is counting on boosting non-interest income to maintain its profit this year, which will be affected…
QNB Group Financial Results For The Three Months Ended 31 March 2016
QNB Group, a leading bank in the Middle East and Africa, announced its results for the three months ended 31…
Global investment banking fees fall 29% in Q1, worst since 2009
Global investment banking fees fell 29 per cent in the first quarter of 2016 from a year earlier as market…
Kuwait, UAE lead GCC acquisition deals in 2016 first quarter
Mergers and Acquisition value across the Middle East and North Africa region improved to $6.99 billion (Dh25.7 billion) in the…
GCC equities rebound after weak start to year
Regional markets like most world equities had a weak start to the year but managed to recover ground by the…
Seera Reports $2.8 Million Net Profit for 2015
Seera Investment Bank B.S.C., a Shari'a compliant investment bank headquartered in Bahrain announced its results for the year ended 31st…
Qatar-based banks top in assets growth in GCC
Net earnings of GCC's leading banks increased 4.7 percent year-on-year to $5.3bn in Q4, 2015. Net profits of top…