Alkhabeer Capital revenue up 66 pc
Alkhabeer Capital announced its financial results, whereby the annual report for the fiscal year ended 2012 revealed that the company…
Financial Results
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HSBC bank says 2012 net profit drops 16.5%
Estimated Basel III end point common equity tier 1 ratio (‘CET1’) 10.3% post-2013 management actions (9.0% at end 2012), providing…
Bank posts $8m profit
Bahrain-based Arab Banking Corporation's subsidiary ABC Islamic Bank yesterday announced a net profit of $8.3 million for last year, compared…
ABC Islamic Bank posts $8m profit
Bahrain-based Arab Banking Corporation's subsidiary ABC Islamic Bank yesterday announced a net profit of $8.3 million for last year, compared…
Chinese Bank ICBC ME Posts 69% Rise In 2012 Profit
The Middle East unit of the world’s largest lending bank, Industrial and Commercial Bank of China, announced that its 2012…
GFH profits hit $10 million
Gulf Finance House (GFH) yesterday reported a net profit of $10.03 million for 2012 as compared to $0.38 million in…
Kuwait's KIPCO posts 19% rise in Q4 profit
Kuwait Projects Company (KIPCO), the country's largest investment company by assets, reported a 19 percent rise in fourth-quarter net profit…
ICBC rides high on Mideast boom
China's biggest lender Industrial and Commercial Bank of China (ICBC) said in Dubai Saturday that its Middle Eastearn branch achieved…
Saudi bank assets at SR180bn
The combined assets of Saudi Arabia’s banks swelled by nearly SR180 billion (Dh178 billion) in 2012 and the bulk of…
Al Baraka posts 13% rise in 2012 profit
Bahrain-based Islamic lender Al Baraka Banking Group recorded a 24 per cent increase in fourth-quarter net income, the bank said…
Bahrain's Ahli United Bank posts Q4 profit rise
Ahli United Bank, Bahrain's largest lender by market value, posted on Tuesday an 11.8 percent gain in its fourth-quarter net…
Crédit Agricole Egypt 2012 net profit up 53 per cent
From a core business performance perspective, net operating income before provisions and taxation was up 30.5 per cent over 2011.…