UAE lender UNB beats forecasts slightly with 5.6 pct Q2 profit gain
Union National Bank (UNB), 50 percent owned by the Abu Dhabi government, slightly beat analysts' forecasts on Sunday with a…
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Al Khaliji posts QR149.6m Q2 profit
Al Khaliji bank reported a net profit of QR149.6m for the second quarter of 2014, up 37 percent on the…
Ahli United Bank's H1 net profits reach KD 25.4 mln
The Ahli United Bank (AUB) said Saturday its net profits in the first six months this year have increased by…
Burgan Bank named 'Best Domestic Retail Bank of the Year'
Burgan Bank has announced that it has won the coveted "Best Domestic Retail Bank of the Year" award from the…
Kuwait's CBK faces hurdles as it converts to Islamic bank
Commercial Bank of Kuwait (CBK) was granted permission by the Central Bank of Kuwait to issue KWD 120 million (USD…
Mashreq wins Superbrands 2014
The annual tribute event by Superbrands was held recently at the Intercontinental Hotel in Dubai Festival City to honour UAE's…
Saudi banks look to new markets
Strong competition and tight margins are driving the kingdom’s lenders to explore new markets Saudi lenders will face increasing pressure…
Omani banks post higher growth in first half
The revenue of banks listed on the Muscat Securities Market for the first half of 2014 has been estimated at…
Oman's Bank Muscat posts 22 pct jump in Q2 net profit
Bank Muscat, Oman's largest lender, posted a 22.3 percent increase in its second-quarter net profit on Thursday, beating analyst estimates.…
Qatar’s Doha Bank Q2 net profit up 9.9pc
Doha Bank, Qatar's fourth largest lender by assets, posted a 9.9 percent rise in second-quarter net profit on Thursday, in…
Kuwait's NBK Q2 profit rises 29 pct, misses estimates
National Bank of Kuwait , the Gulf Arab state's largest commercial lender, reported a 29 percent rise in second-quarter profit…
Gulf Bank Posts Net Profit for the First Half
Gulf Bank has announced a net profit of KD 15.6 million for the first half of 2014, up 9.5% from…