Financial Results

Comment & Analysis

S&P revises Qatar-Based Insurer Al Khaleej Takaful Group outlook to positive

February 22, 2016

The outlook revision follows a significant improvement of KTG's operating performance in 2015, which has strengthened the company's competitive position,…

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Financial Results

A Record-Breaking Year For Dubai International Financial Centre

February 18, 2016

Dubai International Financial Centre, the global financial services hub connecting businesses and financial institutions with emerging markets across the Middle…

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Comment & Analysis

Oman’s bank credit grows 8% to OMR18.3b

February 18, 2016

Oman’s commercial banks have achieved a robust 8.39 per cent growth in total credit at OMR18.32 billion for 2015, from…

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Financial Results

DIFC reports results for 2015

February 18, 2016

The number of new company registrations at DIFC increased by more than a quarter (27 per cent) compared with 2014,…

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Financial Results

First Gulf Bank registers its 16th straight year of growth in net profits

February 18, 2016

First Gulf Bank , one of the leading banks in the United Arab Emirates, registered significant growth in 2015 by…

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Financial Results

Kuwait's KIPCO says Q4 net profit rises by 10.7%

February 16, 2016

Kuwait Projects Co (KIPCO), the Gulf state's largest investment company, reported a 10.7 percent rise in fourth-quarter net profit on…

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Financial Results

Adnic latest UAE insurer to report losses

February 16, 2016

UAE insurers are still feeling the pinch from too much competition despite consolidation and the departure of some major players.…

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Financial Results

Faisal Islamic Bank's volume of business surges 7.4% in January

February 16, 2016

Faisal Islamic Bank of Egypt's volume of business has increased by 7.4 percent to register EGP 56.141 billion(US$7billion) at the…

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Financial Results

Emirates NBD posts $1.9bn profit for 2015

February 16, 2016

UAE-based Emirates NBD, a leading bank in the region, has posted a net profit of Dh7.1 billion ($1.93 billion) for…

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Financial Results

UAE bank results point to rising pressure on profits

February 15, 2016

The full-year results of UAE banks are a mixed bag, with some reporting an increase in profitability, some a decline…

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Financial Results

UAE lender ADIB says Q4 profit up 16.6 pct, raises dividend

February 15, 2016

Abu Dhabi Islamic Bank on Sunday posted a 16.6 percent rise in fourth-quarter net profit, and marginally increased its dividend…

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Financial Results

Amlak Finance reports Dh139m profit for 2015

February 15, 2016

Amlak Finance has reported a profit of Dh139 million for 2015, compared with a loss of Dh85.5m for the previous…

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