Saudi's National Commercial Bank Q4 net profit rises 16.6 pct
Jan 13 Saudi Arabia's National Commercial Bank, the kingdom's largest bank, reported a 16.6 percent rise in fourth-quarter net profit…
Financial Results
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Bank Dhofar Q4 net profit rises 32pc
Oman's Bank Dhofar, the second-largest lender in the sultanate by assets, posted a 32 per cent rise in fourth-quarter net…
Deposits drop, Q4 profit up at Saudi banks NCB, Fransi
Saudi Arabia's National Commercial Bank and Banque Saudi Fransi both recorded falls in deposits in the last three months of…
NCB net record revenues reach SR 9.1 billion in 2015
The National Commercial Bank announced its record net income in 2015, which reached SR 9.09 billion compared to SR 8.66…
National Bank of Oman Q4 rises 29 pct
National Bank of Oman , the sultanate's third-largest lender by assets, on Tuesday posted a 29 percent rise in fourth-quarter…
Financial Results For The Year Ended 31 December 2015
QNB Group , a leading bank in the Middle East and Africa, announced that the Board of Directors, during its…
UAE bank profits will struggle, says S&P
Profit growth at UAE banks is set to slow as deposits wither amid lower oil prices, says the ratings agency…
UAE regulator tells banks to seek approval before disclosing dividends
Banks in the United Arab Emirates have been told to get dividends approved by the central bank before announcing the…
Arab banks have good performance in nine months '15 UAB
The Arab banking sector has showed good performance in the three first quarters of 2015, the Union of Arab Banks…
KPMG says full-year MidEast revenue up 12.7%
KPMG, a global network of professional firms providing audit, tax and advisory services, has reported a 12.7 percent growth in…
Barclays Egypt Q3 15 Profits Increase 18%
Barclays Bank Egypt recorded EGP 440 mn net profit for Q3 2015 compared to EGP 374 mn in Q3 15.…
Private Equity Investments Outperforming Other Asset Classes: 4x Emerging Markets Equity; 2x S&P 500 and High Yield Bonds
Investor appetite for Private Equity (PE) is set to remain robust globally, benefiting from a rising tide of global financial…