Royal award for Islamic finance an exhaustive process
“I am glad my term is over. The process to decide the winner of The Royal Award 2012 was…
Financial Results
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ANB net profit rises 7.9% in nine months
Arab National Bank (ANB) reported a net profit of $519 million for the first nine months of 2012, compared to…
Arab Banks' profits set to increase
Arab banks are expected to post net profits of $38 billion by end of 2012 financial year, a three per…
Abu Dhabi: Growth in banking
Growth in lending at the emirate’s top banks remained slow during the first half of 2012, but profits were generally…
Deloitte announces revenue results of US$31.3 billion
Deloitte Touche Tohmatsu today announced aggregate member firm revenues of US$31.3 billion for the fiscal year ending 31 May…
Bank of London and the Middle East trebles fee income
Bank of London and The Middle East has announced its financial results for the six months ended 30th June 2012.…
Dubai International Financial Centre grows 6% in first half 2012
Dubai International Financial Centre has updated the market today on its continuous positive performance throughout the first half of 2012.…
GCC banking arena showed rapid growth in the H1
The GCC banking sector continued to grow rapidly in the first half of 2012, according to QNB Group analysis. The…
Dubai Financial Market reports its performance for August 2012
The Dubai Financial Market General Index increased by 0.3% to 1547.82 points at the end of August compared to 1542.64…
Gatehouse Bank posts profit of $3.2 million
Gatehouse Bank has announced a strong set of interim results for the six months ending 30 June 2012. Total profits…
Israeli banks' profits falter on slowing economy
* Hapoalim net profit 607 mln shekels vs 613 mln forecast * Leumi profit 280 mln shekels, below forecast of…
Saudi banks most profitable in Middle East
Out of the top 50 banks in the Middle East ranked by assets for the period H1 2011, Saudi banks…