Emerging markets hedge fund assets post steep decline in January
Emerging markets hedge funds posted steep declines to begin 2016, as concerns about slowing growth and weakening currency in China,…
Financial Results
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Qatar banks' loan book grows as deposits shrink
Qatar banks' loan book continued its growth trajectory in January 2016, increasing by 1.3 percent month-on-month (MoM) after increasing by…
Kuwait’s credit growth exceeds expectations – NBK ECONOMIC REPORT
Credit growth exceeded most expectations as it ended 2015 at 8% thanks to a strong December gain. Total credit…
Qatar's Masraf Al Rayan sees 8-10 pct profit growth in 2016 – chairman
Qatar's largest sharia-compliant bank Masraf Al Rayan is expected to post annual profit growth of between 8 and 10 percent…
Qatari bank Al Khaliji eyes capital bond issue
Qatar's Al Khalij Commercial Bank secured shareholder approval on Tuesday to issue up to 2 billion riyals ($549.2 million) of…
BisB reports $29m net profit, up 20pc
Bahrain Islamic Bank has reported a net profit of Dh11.2 million $29.7 million for last year, compared to BD9.3 million…
Ahli United Bank posts 11.1 pct rise in Q4 net profit
Ahli United Bank (AUB), Bahrain's largest lender, posted an 11.1 percent increase in its fourth-quarter net attributable profit on Tuesday.…
Takaful Emarat delivers 42% net profit growth for FY 2015
Takaful Emarat "the Company", the DFM-listed, Shariah-compliant Life and Health Takaful provider, announces its unaudited preliminary financial results for the…
UAE budget deficit set to fall: NBAD
On the back of various measures to support government revenues, the UAE's budget deficit could fall to about four per…
SICO announces net profit of BD 2.8 million for 2015.
Securities & Investment Company, licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today its financial…
Al Baraka Banking Group Net Profits Raise by 4%
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its total operating income reached…
Bahrain Islamic Bank realizes BD 11.2 million net profit for 2015
BisB announced that it has achieved positive financial results which reflect on the continuous improvement on the Bank's position. …