Abu Dhabi lenders’ earnings grow 11% in Q1
The total net earnings of Islamic and commercial banks in Abu Dhabi climbed 11.2 per cent in the first quarter…
Financial Results
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Dubai sovereign wealth fund sees profits surge 62%
Investment Corporation of Dubai (ICD), the emirate’s sovereign wealth fund has reported increased profits of $7.75 billion (AED28.5 billion) for…
Egyptian Takaful Non-life eyes $1.3mln-Premiums in FY2015-16
The company expects to attain premiums volume of EGP 350 million at the end of June 2015, Arfeeen told Amwal…
Barwa Bank profits rise 4pc in first quarter
Barwa Bank’s net profit soared by four percent to reach QR209m for the first quarter of 2015 (Q1, 15), compared…
Bayut release latest UAE real estate market report
“The real estate market of Dubai remained a mix bag of activity in May, showing signs of an efficient easing…
UAE bank NBF expects market-leading loan growth this year
National Bank of Fujairah expects to outperform its rivals with double-digit loan growth in 2015 as buoyant demand in sectors…
DIFC strategy head reflects on memorable first decade
By any standard, the Dubai International Financial Centre has had an impressive first decade of business. Chirag Shah, head…
Pinsent Masons announces annual results
International law firm Pinsent Masons has today announced preliminary details of its unaudited financial results for FY14/15. The firm…
Qatar private sector loan growth picks up
Qatar's private-sector loan growth is picking up and local banks are benefiting from growing non-resident deposits and their expansion abroad,…
NBAD Sukuk Income Fund Delivers 2.22% Dividend Semi-annualised
National Bank of Abu Dhabi Sukuk Income Fund has earned a total income of USD 673,894.69, equivalent to 2.22% of…
Lebanon's Bank Audi aims to double Egypt earnings by 2017
Lebanon's Bank Audi aims to double its assets and earnings in Egypt by 2017 as it bets on a continued…
Riyals take wings: With $44bn remittances, KSA leads Gulf states
Foreigners working in the Gulf states sent home more than $100 billion in remittances last year, an economic report showed…