Credit losses and low lending to hit UAE banks’ profits this year
Profit growth at five of the UAE’s banks is expected to slow this year because of lower lending and an…
Financial Results
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Jordan's Bank al Etihad says 2014 net profit rose 17.5%
Jordan's Bank al Etihad said on Sunday its 2014 net profit rose 17.5 percent to 26.5 million dinars ($37 million)…
Record growth year for Emaar with net operating profits increasing 30%
Global property developer Emaar Properties PJSC announced a record AED 3.350 billion (US$ 912 million) net operating profit for full-year…
Bank of Sharjah post Dh286 million net profits
Bank of Sharjah on Sunday reported a net profit of Dh286 million net profits for 2014, down 19 per cent…
Capital gains help double Jordan Ahli Bank's profits
Jordan Ahli Bank boosted net profit by 113 per cent to 34 million dinars ($48 million) last year due to…
Bahrain Islamic Bank (BisB) realizes BD 9.3 million net profit
BisB announced that it has realized BD 9.3 million as net profit for the year ended on 31st December 2014,…
Oman Insurance Company posts strong growth in 2014
Oman Insurance Company’s gross written premium grew by 11.3 per cent in 2014 reaching AED 3.25 billion. The significant increase…
Gulf Insurance Group reports 2014 net profit of KWD 12 million
The Board of Directors has recommended the distribution of 33 per cent cash dividend (33 fils per share) for the…
Abu Dhabi’s Aldar Q4 Net Profit Rises 61%
Abu Dhabi’s Aldar Properties reported a 61 per cent rise in fourth-quarter net profit on Thursday, beating an analyst forecast…
Al-Nahedh: 2014 Financial Results Match KFH Vision and Set Plans
"Financial results achieved by KFH for the year 2014 have, by the grace of Allah, matched KFH vision and set…
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…
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. …