GIB net income soars to $104m
Bahrain-based Gulf International Bank (GIB) said it has recorded a consolidated net income after tax of $104.5 million for the…
Financial Results
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Gulf International Bank sees 4% 2011 profit lift
Bahrain’s Gulf International Bank (GIB) has recorded a net income after tax of $104.5m for last year, a 4 percent…
Bank of Sharjah profit down 37%
Bank of Sharjah reported a net profit of Dh254 million in 2011, down 37 per cent from the Dh404 million…
Emirates NBD quarterly profit declines 62%
Emirates NBD PJSC (EMIRATES) reported a 62 percent decline in fourth-quarter profit as the United Arab Emirates’ biggest bank by…
Jobs at risk again at Dubai's Shuaa Capital after latest losses
Shuaa Capital reported its fourth consecutive year of losses and announced a further round of layoffs as its withdrew from…
Abu Dhabi Islamic net profit up 12.8pc
Abu Dhabi Islamic Bank (ADIB) said its group net profit for 2011 surged 12.8 per cent to hit Dh1.16 billion…
Investcorp profit slumps 90 pct on hedge fund woes
Alternative investment manager Investcorp reported a 90-percent drop in half-year profits on Monday, hit by declining hedge fund revenues. The…
UNB net profit rises 11% to Dh1.5b in 2011
Union National Bank (UNB) yesterday reported a full-year net profit of Dh1.5 billion, up 11 per cent compared to Dh1.35…
UAE's largest bank sees 1% fall in Q4 profit
National Bank of Abu Dhabi (NBAD) on Tuesday posted a one percent decline in fourth quarter net profit, missing analysts'…
Commercial Bank makes KD 0.81 mln net profit in ''11
Commercial Bank of Kuwait announced a net profit attributable to shareholders of the parent bank for the year 2011 of…
Ajman Bank profit up 75%
Ajman Bank on Thursday reported a net profit of Dh7 million for 2011, up 75 per cent from the Dh4…
Mashreq incurs decline in assets
Mashreq, one of the UAE’s leading National financial institutions reported a net profit of AED820 million for the year ended…