Arab Banking Corporation announces 27 per cent increase in Q1 2014 Profit
Business volumes grew in line with ABC’s expansion plans, resulting in improved revenues across all the geographies that ABC operates…
Financial Results
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Emirates Investment Bank reports Q1 2014 results
Net profit was up by 26 per cent to AED 19.5 million compared to AED 15.4 million in Q1 2013.…
NBAD warns on margins
National Bank of Abu Dhabi's chief executive yesterday warned that falling margins were beginning to squeeze banks in the UAE,…
HSBC's Oman unit posts 46 pct Q1 profit slump
HSBC Bank Oman, an affiliate of HSBC Holdings, posted a 46 percent slump in net profit in the first quarter,…
Commercial Bank of Qatar Financial Results for the quarter ended 31 March 2014
Commercial Bank of Qatar ("Commercial Bank" or "the Bank") today announced its financial results for the quarter ended 31 March…
MEBL: no halt in growth!
The major growth drivers were massive reversals and a tremendous growth in non-funded income. According to Optimus Capital, Meezan…
UAB profit rises 34% to Dh161m
Sharjah-based United Arab Bank on Wednesday said its profit in the first quarter ended on March 31, 2014 jumped 34…
Bank Muscat first quarter net profit jumps 59%
Bank Muscat, Oman’s largest lender, missed analysts’ expectations despite posting on Wednesday a 59.1 per cent jump in its first-quarter…
Masraf Al Rayan’s first quarter net profit up 8pc
Masraf Al Rayan achieved net profit of QR432m for the first quarter of 2014, an increase of 8 percent compared…
Emirates NBD's Q1 net profits up 25%
Emirates Islamic Bank (rebranded as Emirates Islamic), the Islamic bank belonging to Emirates NBD group on Wednesday reported a net…
UAE markets pull back; Bahrain hits 3-year high
Stock markets in the United Arab Emirates retreated from multi-year peaks on Thursday, while Saudi Arabia edged up and Bahrain's…
Earnings lift UAE markets but weigh on Qatar, Saudi Arabia
Dubai's bourse led gains in the Gulf on Wednesday, lifted by strong first-quarter results and other positive news from listed…