Tamweel profits increase by 40%
Tamweel's profits rose sharply in the second quarter but its mortgage book contracted to a five-year low ahead of an…
Financial Results
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National Bank of Oman posts flat Q2 net profit
National Bank of Oman, the sultanate's fourth-largest lender by market capitalisation, posted a near-flat second quarter net profit, Reuters…
Bahrain Islamic Bank realizes net profit for Q2-2013
Mr. Abdul Razak Abdulla Al-Qassim -Chairman of the Board of Directors announced that the Board has approved the Financial…
Bank Muscat posts OMR63.1m net profit in first half of 2013
Bank Muscat has announced its preliminary results for the first half of 2013, posting a net profit of OMR63.1 million…
Mashreq confident of 100% rise in retail profit this year
Mashreq expects a 100 per cent increase in its retail profit for 2013 compared to last year on the rapid…
Daman Funds declare Q2 cash dividends on back of strong quarter for UAE markets
Daman Investments PSC, one of the leading UAE-based regional investment management companies, has announced a record 14th consecutive quarterly…
Bank AlJazira's Q2 net profit up 29% to SAR167m
Bank AlJazira 's net profit for the second quarter amounts to SR 167 million compared with SR 129 million…
The Saudi British Bank first half 2013 results
The Saudi British Bank First Half 2013 RESULTS Net profit of SAR1,953 million (US$521 million) for the six months ended…
Nakheel profit up 57%
The company recorded a net profit of Dh1.2 billion as revenues surged 36 per cent to Dh4.23 billion in the…
Saudi banks’ net profits forecast to hit new highs in 2013
Saudi banks are forecast to boost their net profits to the highest level in 2013 amid sharp recovery in domestic…
Banque Saudi Fransi Q2 net profit up on lower costs
Saudi Arabia's fifth-largest bank by market value said it made 763 million riyals ($203.5 million) in the three months ending…
Private deposits at Oman banks rise 9.2% in first quarter
The total value of private deposits at the commercial banks in the Sultanate as of the first quarter…