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…
Financial Results
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Gulf markets retreat as oil tumbles again; Egypt ends flat
Gulf stock markets retreated on Sunday after Brent crude oil pulled back below $39 a barrel, while Egypt's bourse erased…
UAE to participate in the 'Joint Annual Meeting of Arab Financial Institutions' and the seventh meeting of the 'Council of Arab Ministers of Finance' in Bahrain
UAE, represented by the Ministry of Finance, will participate in the Joint Annual Meeting of the Arab Financial Institutions, which…
DGCX Breaks Several Records in the First Quarter of 2016
First quarter volumes on the Dubai Gold & Commodities Exchange grew 37% from the same period last year, trading more…
Gulf Investment Corporation reports Net profits of USD 110 million for 2015
Gulf Investment Corporation announced the results of its operations for the fiscal year ended 31 December 2015, reporting net profits…
Qatar banks’ credit growth seen falling to 8% over next 12 months
Qatari commercial banks’ credit growth is expected to fall to a more moderate 8% over the next 12 months, according…
NBK to increase capital by 6.5pc
National Bank of Kuwait’s board of directors has agreed to increase the bank’s capital through a 6.5 per cent rights…
Qatar First Bank reports a net income of QAR 66 million in 2015
Qatar First Bank, Qatar's leading Shari'ah compliant bank, Authorized by QFC Regulatory authority, offering investment opportunities and innovative financial solutions…
Global Investment House reports KWD16.4 million revenues
Global Investment House, a regional asset management & investment banking firm headquartered in Kuwait, with offices in major capital markets…
UAE banks agree "mini insolvency law" to help struggling SMEs
Banks in the United Arab Emirates will suspend legal action against small and medium sized enterprises struggling to repay debt…
GCC banks post 9.1% loan growth
Net earnings of GCC banks increased 4.7 per cent to $5.3 billion in fourth quarter 2015 with the UAE banks…
Commercial Bank of Kuwait presents financial results at AGM
On behalf of myself and the Board of Directors, I am pleased to present an overview of the Bank's financial…