GCC tiles market seen growing at 10-12% annually until 2020
The GCC market for tiles was estimated at more than 450mn to 500mn sqm in 2014, out of which as…
Financial Results
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HSBC’s Turkey unit registers TRY 32 mln loss in Q1
The bank's assets have decreased from TRY 33.8 billion in the end of 2014 to TRY 33.6 billion. HSBC has…
Dubai finance firm boss hits back at critics
Dunia means “the world” in 14 languages, including Arabic. “It might be 15 if I go into dialects”, says…
LMC net profit tops $1.26m
Wholesale Islamic bank Liquidity Management Centre (LMC) posted a net profit of $1.26 million in the first quarter of this…
GFH posts US$ 6 m in first quarter profits
GFH Financial Group today announced its financial results for the first quarter ended 31st March 2015, another period of strong…
UGB's Q1 profits fall to $2.1 million
UGB's total income also decreased to $35.2 million, compared to $40.5 million at 31 March 2014. In 1Q14, $9…
Abu Dhabi’s Aldar Q1 Net Profit Rises 36%
Abu Dhabi’s Aldar Properties reported a 36 per cent rise in first-quarter net profit on Thursday as costs fell and…
QIIB’s rating upgrade reflects bank’s strong position
Qatar International Islamic Bank’s rating upgrade by Moody’s Investors Service is a proof of steadiness of bank’s financial position and…
BisB net profit rises 23pc to $7.9m
Bahrain Islamic Bank has registered a net profit of BD3 million ($7.9 million) for the first quarter of this year,…
SICO posts net profit of BD 1.4 million for first quarter of 2015.
Securities & Investment Company, licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today its financial…
UGB announces results for the first quarter of 2015
United Gulf Bank B.S.C. has announced a net profit attributable to shareholders of parent of US$ 2.1 million for the…
Markaz announces profits of KWD 1.3 for Q1 2015
Markaz total asset under management were up 10 per cent to reach to KWD 1.12 billion in the end of…