RAKBANK announces AED 1.43 billion in profit for 2013
Rakbank announced AED 1,430.8 million in net profit for 2013. In its first year, the Bank's Islamic Finance division -…
Financial Results
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QIB to support Cyprus in preparation of framework for Islamic financial tools
Qatar Islamic Bank yesterday extended support to Cyprus in preparing a framework and legislation to introduce Islamic financial tools and…
Bank Nizwa Posts RO12.3MN Net Loss
Bank Nizwa, Oman's first Islamic bank, has reported a net loss of RO12.3mn for the period ended December 31, 2013,…
HSBC Bank Oman net profits jump
HSBC Bank Oman posts net profits of RO10.9m for the year to the end of December - 87.9% up on…
Dubai's Emirates NBD 4Q Net Profit Rises, But Misses Estimates
Emirates NBD, Dubai's biggest bank, on Monday reported an 8% year-on-year rise in fourth-quarter net profit amid a resurgence in…
Dubai lender Mashreq's Q4 net profit jumps 48%
Mashreq, Dubai's third-biggest lender by assets, on Monday posted a 48 percent rise in fourth-quarter net profit, Reuters calculations showed.…
ABK posts KWD 35.4m net profit in 2013
Al Ahli Bank of Kuwait achieved KD 81.5 million operating profits and KD 35.4 million net profits for the financial…
Jordan's Arab Bank net profit rises 43 pct in 2013
Jordan's largest lender, Arab Bank Group, posted a 43 percent rise in net profit to $501.9 million last year on…
National Bank Of Kuwait Q4 Net Profit Drops 48%
BK reported a full-year profit for 2013 at $844 million, down from the $1.08 billion recorded for 2012. National…
Alizz Islamic Bank Post Net Loss
Alizz islamic bank has reported a net loss of RO3.23mn for the period from November 2, 2012 to December 31,…
Qatar Islamic Bank Q4 net more than triples, beats expectations
Qatar Islamic Bank, the Gulf state's largest sharia-compliant lender by assets, more than tripled its fourth-quarter net profit, beating analysts'…
Billionaire Alwaleed’s Kingdom Holding Posts 10% Rise in Profit
Kingdom Holding Co., owned by Saudi billionaire Prince Alwaleed bin Talal, said fourth-quarter profit gained 10 percent as the value…