Shuaa ends quarter down but year up
Shuaa Capital swung to a loss in the fourth quarter as volatile stock markets hit earnings. But strong performances…
Financial Results
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Middle Eastern sovereign wealth money still flowing, despite oil woes
The Carlyle Group’s David Rubenstein says that Middle Eastern sovereign wealth funds are making larger investments than ever before. …
Commercial Bank of Qatar Q4 profit up 29pc
The Commercial Bank of Qatar Q.S.C. and its subsidiaries and associates announced today its financial results for the year ended…
RAKBank sees healthy growth in assets and profits in 2015
RAKBank, the Abu Dhabi listed lender predominately focused on retail and small and medium enterprises (SME) business expects to see…
Strong banking sector to address funding challenges
Full year data from the leading UAE banks indicate that the banking system in the country is strong enough to…
Qatar International Islamic Bank reports net profit of QAR 826 million, up 10.1 per cent
He Sheikh Dr Khalid bin Thani bin Abdullah Al-Thani said, “The results strongly confirm the bank has made good growth…
Kuwait Finance House Q4 net profit climbs 35.8%
Kuwait Finance House, the Gulf State's largest sharia-compliant bank by assets, reported a 35.8 percent jump in fourth-quarter net profit…
Al-Marzouq: KFH net profit KD 126.5 mln for the year 2014
Kuwait Finance House Chairman, Hamad Abdulmohsen Al-Marzouq said that KFH , by the Grace of Allah and His Blessing, has…
CBI posts 40% increase in Operating Profit.
Key Financial Highlights: * Operating Profit increased 40% to AED 465 million * Assets increased 33% to AED…
Khaleeji Commercial Bank returns to profitability
Bahrain’s Khaleeji Commercial Bank (KHCB), an Islamic retail bank, announced its financial results for the year ended 31 December 2014…
Emirates Investment Bank reports financial results for the full year 2014
Financial Highlights: Fiscal Year 2014 Net Profit up by 28% to AED 46.23 million (FY 2013: AED 36.23…
Gulf Capital closes ground-breaking AED850 million revolver credit facility arranged by Abu Dhabi Commercial Bank and First Gulf Bank PJSC
Gulf Capital, one of the most active and diversified alternative asset managers in the Gulf region, announced today that it…