Nakheel's nine-month net profit jumps 47pc
Dubai developer Nakheel, famous for building the palm-shaped islands off Dubai's coast, reported a 47 percent increase in its nine-month…
Financial Results
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Analysts predict record earnings on the horizon for UAE banks
UAE banks are expected to end the year on a high note, with lending anticipated to pick up as the…
Cautious clients keep hopes low for investment banking
Political troubles in Russia and the Middle East added to a summer slowdown in trading activity and is likely to…
DIFC releases H1 2014 results, seven per cent increase in active registered companies
The Dubai International Financial Centre (DIFC), the dynamic global financial hub built to connect the Middle East, Africa and South…
Alizz Islamic Bank's growth plans on track
As the bank will be soon marking its first year of operations, Alizz Islamic Bank's performance has been in line…
ADIB Egypt announces its financial results for H1 2014
Abu Dhabi Islamic Bank (ADIB) Egypt announced its financial results for the first half of 2014. The Bank…
ADIB Egypt's net income for Q2 surged 245 per cent
Abu Dhabi Islamic Bank (ADIB) Egypt reported net Income of EGP 117 million, with an increase of EGP 82.9…
UAE corporate earnings jump 31% to 33bn in H1
UAE corporate earnings grew 31.2 per cent year-on-year to $9 billion (Dh33 billion) during the first half of this year…
UAE stock brokers’ profit boosted amid Arabtec turmoil
The country’s stock brokerages recorded a substantial rise in profit during the second quarter amid market turmoil. Commission income…
Saudi Arabia's bourse hits new six-year closing high
Saudi Arabia's bourse, encouraged by the prospect of opening up to direct foreign investment, resumed its uptrend on Tuesday on…
BLME Holdings report net profit before tax of GBP 5.1 million for H1 2014
The Group increased its operating profit before impairment charges by 177 per cent in the first half of 2014. …
Ithmaar Bank reports $1.77 million net profit
Ithmaar Bank, a Bahrain-based Islamic retail bank, announced Saturday a net profit of $1.77 million for the first half of…