MENA equity capital market activity surged to $15.3bln YTD
MENA equity and equity-related issuance totalled $15.3 billion year-to-date (YTD) in 2022, the highest first nine-month total since 2008, Refinitiv…
Financial Results
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Abu Dhabi's Emirates Stallions Group posts $28mln net profit
Abu Dhabi's Emirates Stallions Group, a subsidiary of International Holding Company, made a Q3-2022 net profit of 103 million dirhams…
QIB posts profit of QAR 2,850mln for the nine months’ period ended 30 September 2022
Qatar Islamic Bank has announced the results for the nine months’ period ended 30 September 2022. Net Profit attributable to…
KSA economy 'grows fastest' in over a decade in Q2
The Kingdom of Saudi Arabia’s economy grew at the fastest pace in over a decade in Q2 2022, as high…
Final results of Kuwait Financial House K.S.C.P. acquisition of Bahrain-based Ahli United Bank in USD 10.9bln deal
SICO acted as Bahrain receiving agent, Bahrain execution advisor, and cross-listing advisor on the deal The final results of the…
Saudi top banks’ quarterly profits rise 2.7% boosted by rate hikes, higher oil prices: Report
Saudi Arabia’s top 10 banks have posted solid profit growth in the second quarter of 2022, driven by high crude…
Alvarez & Marsal releases Q2 2022 Saudi Arabia banking pulse
Alvarez & Marsal (A&M) has released its latest Saudi Arabia (KSA) Banking Pulse for Q2 2022. The report suggests that…
Capital Bank of Jordan : Investments Net Profit increases by 45% to reach $4 Million in in the First Half of 2022
Capital Investments group have announced that their net profits have increased in the first half of the current year by…
Gulf firms' earnings reach a new record level in Q2, 2022: Kamco Invest
Earnings reported by the Gulf Co-operation Council listed companies reached a new record level during the second quarter (Q2) of…
Ithmaar Holding reports half-year results
Ithmaar Holding B.S.C. (Trading symbol: ITHMR), a Bahrain-based holding company, announced its financial results for the six-month period ended 30…
NBK – Bahrain Reports a net profit of BHD 54.84mln (KD 44.68mln) in 1H 2022
National Bank of Kuwait-Bahrain reported net profits of BHD 54.84 million (KD 44.68 million) for 1H 2022, compared to BHD…
Foreign funds' buying interests lift QSE; M-cap gains QR6bn
An across the board buying, especially in the industrials, yesterday lifted the Qatar Stock Exchange more than 96 points and…