Saudi banks post SR11.2bn profit in Q1
Despite a tighter economic environment, the Saudi Arabian banks continued to record growing results in Q1, 2015. The Kingdom’s…
Financial Results
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FGB's gains increase 7pc
First-quarter net profit from First Gulf Bank failed to match analyst estimates yesterday despite rising by seven per cent thanks…
Dubai's Damac Q1 profit falls 38 pct; reveals dividend plans
Dubai's Damac Properties reported a 38 percent fall in first-quarter net profit on Wednesday despite surging revenue because a year…
Arab Bank Group Reports First Quarter 2015 Net Profits of USD 217.2 million
Arab Bank Group reported net profit after tax and provisions of USD 217.2 million for the first quarter of 2015…
National Bank of Fujairah PJSC Q1 2015 net profit up by 29.6%
National Bank of Fujairah PJSC is pleased to announce its results for the three month period ended 31 March 2015.…
Resilient economy boosts bank profits in first quarter
Nearly Half a dozen banks that reported their 2015 first quarter results on Wednesday showed the strong resilience of the…
Rakbank Announces AED 362.2 million Net Profit for the First Quarter of 2015
Rakbank today announced a net profit of AED 362.2 million for the three months ended 31 March 2015. Gross loans…
Emirates NBD Announces First Quarter 2015 Results
Emirates NBD, the largest bank in the UAE by Total Income and branch network, delivered a strong set of financial…
FGB slips off profitability top spot as earnings miss target
The Abu Dhabi-based lender FGB said its first quarter net profit increased nearly 7 per cent, missing analyst estimates and…
First Gulf Bank quarterly profit falls short of estimates
First quarter net profit from First Gulf Bank failed to match analyst estimates on Wednesday despite rising by 7 percent…
Commercial Bank of Qatar net profit falls 15.3 pct, misses forecasts
Commercial Bank of Qatar, the Gulf Arab state's second-largest lender by assets, posted a 15.3 percent drop in first-quarter profit…
Doha Bank posts QR420mn Q1 profit
His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha…