Bank Sohar profit soars 50 per cent, loans and deposits rise
Bank Sohar, an Omani lender, posted a 50 per cent increase in first-half profit as loans and deposits rose. Net…
Financial Results
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Bahrain’s sovereign wealth fund sees losses widen
Bahrain's $9 billion sovereign wealth fund Mumtalakat said its full-year consolidated net losses widened due to higher provisions and reduced…
Dark Cloaks & Dark Pools: Brighter Bankers & Brighter Culture by Justin Urquhart Stewart
In these fetid days of opprobrium for banks, there have inevitably arisen many populist cries for anything from root…
QNB Group reports net profit up y-on-y
QNB Group, one of the largest and one of the most highly regarded financial institutions in the Middle East and…
Global investment banking fee income falls 25%
Global investment banks’ fee income dropped by about 25 percent in the second quarter, reaching its lowest level since early…
Bank Nizwa sees first profit in 2014
Oman's Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, expects to post its first…
Bank Hapoalim net profits fall
Bank Hapoalim's net profits fell to NIS659m in the first quarter to the end of March - down from NIS672m…
EFG Hermes revenue up 6% year-on-year
EFG Hermes has released its consolidated financial results for the first quarter of 2012, reporting net profit after tax…
Bank Hapoalim profit falls less than forecast
Bank Hapoalim is Israel's leading financial group. In Israel, the Bank Hapoalim Group has over 280 branches, eight regional business…
Global Investment House narrows losses 50%
Global Investment House has reported its 14th consecutive quarter without a profit but narrowed its losses by half after asset…
Crédit Agricole Egypt announces its Q1 2012 financial results and market strategy
Following the bank's recent announcement of its financial results for Q1 2012, Mr. François-Edouard Drion, Chairman and Managing Director of…
UAE Accounts for 31% of GCC Banking Assets
The UAE banks have the largest share of banking assets in the GCC that rose by 8.9 per cent in…