Quarterly profits fall 9% in Middle East for HSBC
HSBC said first-quarter profit in the Middle East slipped 9 per cent, dragged down by lower returns from its commercial…
Financial Results
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ADIB net profit for Q1 increases 10.1%
Abu Dhabi Islamic Bank (ADIB) Group has reported a net profit of AED 450.8 million for the first quarter of…
Kuwait's Burgan Bank Q1 net profit rises 2 pct, misses estimates
Burgan Bank, Kuwait's third-largest lender by assets, reported a 2 percent rise in first-quarter net profit on Monday, missing analysts'…
Emaar records robust growth in Q1 2015
• Revenue for the first three months of 2015 is AED 3.013 billion (US$ 820 million), 26% growth over Q1…
Jafza posts 17% jump in new companies in 2014
Jebel Ali Free Zone, the flagship Free Zone of Dubai and trade and logistics hub for the wider Middle East…
Finance House net profit drops 28% in Q1
Finance House has registered a consolidated net profit of Dh25.53 million for the first quarter of 2015, showing a drop…
Bank upbeat over growth
National Bank of Abu Dhabi expects growth in its operating expenses to moderate in the remainder of 2015, says its…
JIB posts US$ 16.08 million in profits after tax For the first quarter of 2015
Jordan Islamic Bank achieved net profits after tax for the first quarter of 2015 that amounted to about US$ 16.08…
Middle East funds bullish again after oil's rally, Q1 earnings -survey
Middle East fund managers are once again turning positive on equity and fixed income markets after oil prices rebounded and…
Al Baraka to distribute dividends
Al Baraka Banking Group has announced it will start distributing $32.8 million cash dividends for last year to shareholders from…
M1 up by 1.6% at end-February
The UAE’s Central Bank has announced that the Money Supply aggregate M1 increased by 1.6 per cent, from Dh462.7 billion…
Jordan's Housing Bank Q1 net profit almost flat at $44 mln
Jordan's Housing Bank for Trade and Finance reported first-quarter net profit of 31.4 million dinars ($44.3 million), barely changed from…