Gulf Finance House swings back to profit
Gulf Finance House declared a net profit of $17 million in 2014, compared to a net loss of $18 million…
Financial Results
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20% of Egyptian SMEs prefer Sharia-compliant products: IMF
In Egypt, 20% of small- and medium-sized enterprises have indicated a preference for Sharia-compliant products, according to an IMF working…
Abu Dhabi National Takaful Company Reports Full Year 2014 Net Profit
Abu Dhabi National Takaful Company P.S.C, reported its financial results for the year ended 31 December 2014 with a net…
Markaz posts KD4m net profit for 2014
Kuwait Financial Centre (Markaz) announced a net profit of KD4.02 million for 2014, a net profit of 8 fils per…
Kuwait’s KIPCO Q4 net profit gains 2 pct, raises cash dividend
Kuwait Projects Co (KIPCO), the Gulf state’s largest listed investment company, reported a 2 percent rise in fourth-quarter net profit…
Ahli United Bank Q4 net profit jumps 37.6 pct
Ahli United Bank (AUB), Bahrain's largest lender, posted a 37.6 percent increase in its fourth-quarter net attributable profit, the bank…
Al Baraka Banking Group Profits Raise by 7%
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net…
Gulf International Bank reports $85.6m income
Bahrain-based Gulf International Bank yesterday reported consolidated net income of $85.6 million for the year ended December 31, as against…
Qatari banking sector loan book drops 1.4% in January
Pulled down by the public sector, Qatari banking sector’s loan book decreased by 1.4% month-on-month (MoM) in January, QNB Financial…
Oasis Capital reports net income of $13.2m
Oasis Capital, a Bahrain-based investment firm, has reported net income of $13.2 million for last year. The company said…
Gulf International Bank announces full year profit of $85.6 million
GIB recorded consolidated net income after tax of $85.6 million for the year ended 31 December 2014, compared to $121.5…
Beema’s profit touches QR40m
The net profit of the shareholders of Damaan Islamic Insurance’s (Beema) touched QR40m for the full-year 2014, up from QR30m…