Dubai’s Shuaa Capital Weighs Partner or Debt in Quest for Growth
Shuaa Capital PSC may seek a joint-venture partner or raise debt to boost growth at its lending unit as the…
Financial Results
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VCBank reports $2.5m in net profit
Venture Capital Bank, a Bahrain-based Islamic investment bank, has reported a net profit of $2.5 million for the quarter ended…
Barwa Bank net income up 60% in third quarter 2013
Barwa Bank , Qatar's fastest growing Shari'ah compliant banking service provider has announced its financial results for the period ended…
Noor Islamic offers home finance for expats
Noor Islamic Bank has rolled out attractive sharia compliant Home Finance solutions for off-plan properties to non-UAE residents across the…
UGB Announces Nine Months net Profit
United Gulf Bank B.S.C. (UGB) today announced a net profit attributable to the shareholders of the parent of $ 2.2…
BMI shareholders approve Salam bank merger
Bahraini retail and commercial banking institution, BMI Bank today announced that its shareholders approved the business combination with Al Salam…
Burgan Bank Group announces first nine months earnings
Burgan Bank Group announced today the first nine month results for the financial year 2013. Compared to the same period…
Ithmaar Limits Q3 Losses to Under $12m
Ithmaar Bank, a Bahrain-based Islamic retail bank has announced a net loss of BD4.5million ($11.8 million) for the nine-month period…
Kuwait Finance House Q3 Net Profit Up 17%, Beats Estimates
KFH achieves net profit of KD 89.1 mln up to the end of Q3 2013, an increase of 17% Earnings…
Shuaa Capital reports consecutive profit rise for first time since global financial crisis
Shuaa Capital, the Dubai-based investment bank that was crippled by the financial crisis of 2008, yesterday reported a second consecutive…
Abu Dhabi Islamic Bank Egypt Announces its Third Quarter Financial Results
Abu Dhabi Islamic Bank Egypt recently announced its financial results for the first nine months of 2013, highlighting outstanding growth.…
Dubai Islamic Bank nine month profit up 33.5 per cent
Dubai Islamic Bank posted a year to date net profit of AED 1.2 billion, compared to AED 899 million for…