Oman's Ahli Bank reports higher first quarter earnings, in line with estimates
Oman’s Ahli Bank reported a rise in first quarter (Q1) net profit, pushing the bank’s shares higher on Tuesday. …
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The Commercial Bank announces net profit for the Quarter ended 31 March 2019
The Commercial Bank has announced its financial results for the quarter ended 31 March 2019. The Group reported a net…
Bank Muscat reports RO46mn net profit in Q1
Bank Muscat announced a net profit of RO45.8mn for the first quarter of 2019, an year-on-year increase of 2.2 per…
World has confidence in Egypt's economy, Inflation fell to less than 10%.: CBE Governor
"The world trusts the capabilities of Egypt's economy, following the success of the economic reform program which exceeded expectations,".said Governor…
Saudi wealth fund in talks to raise up to $8 bln bridge loan -sources
Saudi Arabia’s Public Investment Fund is in talks with banks to raise a short-term bridge loan for as much as…
Boubyan Bank records net profits in Q1 2019
Al-Majed: A Remarkable Start for 2019, and a Motivation for Further Achievements Boubyan Bank has announced KD 14.6 million…
Qatar's QNB net income jumps 4 percent
Qatar National Bank recorded a 4 percent boost in its net income from January to March 2019, standing at USD0.98…
Performance of most GCC markets improve: Markaz
Kuwait Financial Centre “Markaz” recently released its Monthly Markets Review report. Markaz report stated that gains for the Kuwait stock…
Qatar National Bank Q1 net profit rises 3.8 pct, broadly in li1ne with estimates
Qatar National Bank the Gulf's largest lender, reported a 3.8 percent increase in first-quarter net profit, it said on Tuesday,…
HSBC sees growth in green finance with low carbon push in Menat region
HSBC is seeing growth in the demand for sustainable finance in the Middle East North Africa and Turkey markets with…
ADNOC Distribution shines in Abu Dhabi, Saudi drops
ADNOC Distribution lifted the Abu Dhabi stock market on Sunday and Dubai continued its winning streak, while Saudi Arabia lagged…
FDI law to boost investment in UAE by 20pc
The new UAE foreign direct investment law will help accelerate FDI inflows by up to 20 per cent this year,…