National Bank Of Kuwait Q1 Net Profit Up 3.2%
National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, reported a 3.2 per cent rise in first-quarter net…
Financial Results
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Dubai’s Shuaa Capital Q1 Net Profit Dhs8.2m Vs Net Loss
Dubai-based investment bank Shuaa Capital reported Dhs8.2 million ($2.2 million) in first-quarter net profit on Sunday, driven by lending and…
Saudi’s Al Rajhi Bank Q1 Net Profit Slips 16.9%
Al Rajhi Bank reported a slump in net profit for the first three months of 2014 on Sunday, marking the…
Saudi's Al Rajhi Bank Q1 earnings slip again on provisions
Al Rajhi Bank reported a slump in net profit for the first three months of 2014 on Sunday, marking the…
UAE banks are set to report strong first-quarter earnings
UAE banks are set to report record first quarter earnings when they release results in the coming weeks. Dubai…
Asset managers signal a return to emerging markets
The banking industry in the Middle East returned to double digit revenue growth in 2013 with a 10.7 percent increase,…
Saudi British Bank Q1 profit rises 14%
Saudi British Bank, Saudi Arabia’s fourth-largest listed lender, posted a 14 per cent rise in first-quarter net profit on Wednesday,…
Banque Saudi Fransi net profit up 25%
Banque Saudi Fransi achieved a net profit for the first quarter of the year 2014 in the amount of SR856…
GCC banks back on double digit growth path
Based on the banks’ 2013 annual results released in the first quarter of 2014, the newest study is part of…
IMF upgrades Qatar 2014 growth forecast to 5.9%
The International Monetary Fund yesterday raised GDP forecasts for Qatar to 5.9% from 5%, citing “a large public investment programme…
Abu Dhabi Islamic Bank-Egypt reports net income of EGP 103 million
Abu Dhabi Islamic Bank (ADIB)-Egypt reported gross revenues of EGP 580 million, with an increase of EGP 190 million, up…
Saudi’s Riyad Bank Q1 Net Profit Up 13.5%
The bank made 1.08 billion riyals in the three months ending March 31. Riyad Bank, Saudi Arabia’s third-largest lender…