Egypt's EFG Hermes returns to profit on investment bank expansion
Egypt's EFG Hermes turned a profit after tax and minority interests of 538 million Egyptian pounds ($70.51 million) in 2014…
Financial Results
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Qatar-based banks post strongest growth in total assets in Q4, 2014
Qatar-based banks witnessed the strongest growth in terms of total assets in the region during the fourth quarter of 2014.…
Alkhabeer Capital's net profit increases by 32% in 2014
Alkhabeer Capital has announced its financial results for the fiscal year ended December 31, 2014. Net income for 2014…
Bahrain's GFH proposes capital cut, no dividend for 2014
Bahrain's Gulf Finance House said on Sunday that its shareholders would consider a capital reduction at an annual meeting this…
Dunia Group reports record full year profit
Dunia Group has announced its audited full year financial results for the 12 month period ended 31st December 2014, reporting…
Dubai's Amlak posts 2014 profit rise on debt restructuring
Dubai-based Islamic mortgage lender Amlak Finance posted a 22 percent rise in attributable net profit for 2014 on Wednesday as…
HSBC in Last Place Puts Focus on Foreign Banks in Turkey
Last year, HSBC’s Turkish unit made a bigger loss than any of the 46 banks in the country. As…
Bank Albilad grows rapidly with 117 network of branches
CEO of Albilad Bank inaugurates the bank’s business at Al-Mubarraz headquarters in Al-Ahsa Province, Eastern District and Al-Qunfudah Branch, Makkah…
Gulf Bank moving toward a new path after completing its recovery
Gulf Bank announced an operating profit before provisions of KWD 106.8 million for the year ending 2014 and a Net…
Israel's Bank Hapoalim profit dips on provision for U.S. tax probe
Bank Hapoalim, Israel's largest lender, reported lower quarterly profit as it set aside money for streamlining and for a potential…
Oman’s Bank Dhofar Cuts Proposed Cash Dividend On Central Bank Advice
Oman’s Bank Dhofar has cut its proposed cash dividend for 2014 to five per cent from 10 per cent based…
NBAD approves distribution of 40% cash dividends and 10% bonus shares
The National Bank of Abu Dhabi's shareholders approved distribution of a cash dividend of 40% and a stock dividend of…