Arab Banking Corporation gains rise 17pc to $239m
Arab Banking Corporation (ABC) today announced that its consolidated Group net profit for the year ending 2013 was US$239 million,…
Financial Results
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Dubai developer Emaar’s profits top Dh2.5bn amid property revival
Strong perfomance across its malls, property and hotel units helped to push quarterly profits up by 48 per cent at…
Emirates Investment Bank assets soar on foreign capital inflows
Emirates Investment Bank yesterday said total assets under management jumped 71 per cent last year as the UAE’s safe-haven status…
SHUAA Reports Full Year Profit in 2013
* FY2013 revenues up 44% to AED198m from AED137m in FY2012 * FY2013 net profit AED2.8m, up AED62m from a…
Arig sees surge in 2013 net profit
Bahrain-based Arab Insurance Group has posted a six per cent rise in its consolidated net profit which hit $18.6 million…
VCBank posts $4.3m H1 net profit
Bahrain-based Venture Capital Bank has reported a net profit of $4.3 million for the six months period ended December 31…
Commercial Bank of Qatar profit drops
Commercial Bank of Qatar , the country's second-largest lender by assets, reported a drop in fourth-quarter net profit on Monday,…
Warba posts 27 pct gain year on year
Emad Al Thaqeb, Chairman -- Warba Bank, announced that Warba Bank has realized operating revenues of KD 10.3 million for…
Burgan Bank's Equity Fund records positive performance in 2013
Burgan Bank announced today that its Burgan Equity Fund has recorded a positive performance in 2013. The fund achieved…
UPDATE 1-Qatar's CBQ posts third straight quarterly profit dip on provisions
Commercial Bank of Qatar , the Gulf Arab state's second-largest lender by assets, reported a third successive quarterly decline in…
CBK reports operating profit up by 8.5 percent
Commercial Bank of Kuwait (on Wednesday announced operating profit of KD 101.7 million, up by 8.5 percent compared with KD…
Saudi business activity growth in January ‘fastest since late 2012’
Growth in Saudi Arabia’s nonoil business activity accelerated in January for the third successive month to its highest rate since…