Qalaa Holdings 3Q14 revenues rise 11 per cent QoQ to EGP 1.7 billion
For the nine months ending 30 September 2014, Qalaa Holdings accordingly reports Revenues of EGP 4,654.1 million, a 34 per…
Financial Results
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Paris Region: a Gateway city for Asian and Middle Eastern investors
High level of cross-border investments from Asia and the Middle East. In 2013, these two areas both invested between $10…
Emirates NBD forecasts strong retail banking growth in the year ahead
Emirates NBD posted a strong set of numbers with net profit doubling for the first nine months of this year…
UAE corporates outperform GCC
Driven by higher earnings in banking and real estate sectors, the UAE market recorded corporate earnings surge of 33.5 per…
Israel’s Bank Leumi Boosts Provisions for U.S. Tax Probe
Bank Leumi Le-Israel Ltd. said it’s setting aside more cash to cover the costs of an investigation by New York’s…
Net Income of Al Baraka Bank Egypt Rises by 41% during the First Nine months of 2014
Al Baraka Bank Egypt , a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG) , announced that the…
Barwa Bank net profit rises by 43% in the third quarter of 2014
Barwa Bank , Qatar's fastest growing Shari'ah compliant banking service provider, has announced its financial results for the third quarter…
Spanish bank to raise stake in Turkish lender
Spanish bank BBVA is in advanced talks to raise its stake in Garanti , one of Turkey’s biggest lenders, in…
Bahrain’s GFH completes capital reduction plan, cuts losses
It had received approval from the Bahraini authorities for the step, which reduces the nominal value of its shares by…
First Gulf Bank Sees More Than 10% Profit Growth, Arqaam Says
First Gulf Bank PJSC (FGB), the United Arab Emirates’ third-biggest bank, expects its profit to rise by more than 10…
Bank Asya: Battle for survival against a presidential onslaught
Not all banking collapses are alike or lead to extinction. Some are caused by systemic, catastrophic events such as the…
NBK-Egypt reports EGP 273.5 million in net profits in the nine-month 2014, up 5.6 per cent y-o-y
As of end of September 2014, NBK-Egypt total assets increased by 29.4 per cent y-o-y to EGP 22.9 billion. Customers’…