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…
Financial Results
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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…
Jordan Islamic Bank posts first-quarter net profit of $14.7 million
Jordan Islamic Bank,, a subsidiary of Bahrain-based Al Baraka Banking Corp, reported first-quarter net profit of 10.4 million dinars ($14.7…
National Bank of Abu Dhabi 1Q Profit Inches Lower On Expenses
National Bank of Abu Dhabi, the United Arab Emirates' largest financial group, on Monday said first-quarter profit inched lower due…