Burgan Bank Group announces net profit of 17.1 million for Q1 2014
The continuation of the solid growth pattern has characterized the group's performance in 2013 amid the complexity in the regional…
Financial Results
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Discipline pays off for UAE banks
As the UAE economy picks up pace, UAE banks are poised to reap the rewards of aggressive provisioning and improved…
Abu Dhabi's Union National Bank Q1 net profit rises 3.5 pct
Union National Bank, 50 percent owned by the Abu Dhabi government, posted a 3.5 percent rise in first-quarter net profit…
GFH assures positive financial position
Gulf Finance House issued a statement on Monday to assure to its shareholders and the market that the bank’s financial…
Dubai's Shuaa Capital swings to Q1 profit
Total revenues were AED 64m;a77% increaseon Q1 2013’s AED 36m Net profit of AED 8.2m; continuous quarterly improvement in profitability…
Qatar banks’ profitability to stay strong over 12 months, says S&P
Qatari banks’ profitability is likely to remain “strong” over the next 12 months, even as risks remain on “structural mismatches”…
Bahrain's Ahli United Bank Q1 net profit down as one-off gain not repeated
Ahli United Bank, Bahrain's largest lender, posted a 56 percent decline in its first-quarter net attributable profit, the bank said…
Emirates NBD’s Retail Banking and Wealth Management business has had a fantastic first quarter
Emirates NBD’s Retail Banking and Wealth Management business has had a fantastic first quarter with 13 per cent growth in…
KAMCO posts KD 3 mln in net profits in 2013
Kipco Asset Management Company (KAMCO) on Sunday announced net profits of KD 3 million (USD 10.6 million) in 2013, with…
Dubai Investments Q1 Net Profit Jumps 26%
Dubai Investments’ first-quarter net profit rose 26 per cent, the conglomerate said in a bourse filing on Monday, adding that…
Arab Banking Corporation announces 27% increase in first quarter profit to $71m
Arab Banking Corporation has announced that its consolidated Group net profit for the first quarter of 2014 was $71m, 27%…
UAE markets slide; Qatar, Egypt rebound
Stock markets in the United Arab Emirates remained weak on Wednesday while bourses in Qatar and Egypt rebounded after several…