Dubai wealthy help Mashreq consumer banking unit increase revenue by 25%
Mashreqbank, Dubai’s third-largest lender, has increased revenue at its consumer unit by about 25% this year as it attracts more…
Financial Results
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Bahrain sovereign fund Mumtalakat 2014 net profit up 10.8%
Bahrain sovereign fund Mumtalakat posted a 10.8 per cent increase in net profit in 2014, it said on Wednesday, as…
Profit tumbles at investment bank The National Investor
The National Investor, the Abu Dhabi-based investment bank, reported a decline in profit as returns from investments fell. Profit…
Amlak Posts Restructuring Report on DFM
Amlak Finance PJSC, the leading specialized real estate financier in the Middle East, posted a report on the Dubai Financial…
NBK-Egypt reports EGP 126.3 million in net profits in the first quarter 2015, up 30.2% y-o-y
Total assets grew 47.6% y-o-y to EGP 31.3 billion, customers' deposits up 42.8% to EGP 26.0 billion National Bank…
Egypt's National Bank records 25% Rise in 6-month Profit before Tax
Egypt's biggest state-run bank, the National Bank of Egypt reported a 25 percent growth in profit before taxation during the…
Al Baraka Banking Group announces $69 million net profit for first quarter of 2015
The Bahrain based leading Islamic banking group, Al Baraka Banking Group BSC announced a net profit of $69 million for…
Three Israeli banks report higher 1st quarter earnings
Bank Hapoalim, Israel Discount Bank and First International Bank beat analysts’ forecasts. Three of the country’s banks, including its largest…
Israel's First International Bank Q1 profit up 5 pct
First International Bank of Israel (FIBI), the country's fifth-largest bank, reported a 5 percent rise in first-quarter net profit on…
Commercial International Bank poised for multi-year earnings growth, says RenCap
RenCap noted that CIB’s Q1 results were ‘qualitatively stronger than we expected, on growth and NIM in particular’, adding that…
Global reports KWD1.8 million net profit in Q1 2015
Global Investment House has announced its financial results for the first quarter ended 31 March 2015. During Q1 2015, the…
Waha Capital net profit increases 20.2 percent to AED 182.2 million in the first quarter of 2015
Waha Capital PJSC , a leading investment company based in Abu Dhabi, has reported a net profit of AED 182.2…