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GFH sells 10% of stake in Qinvest

Bahrain-based Islamic investment bank, Gulf Finance House, has said it has sold 10% of its 15%... Read full article »
Bahrain: Tuesday, October 27 - 2009 at 10:01

Gulf Bank Q3 profit falls 98%

Kuwait's Gulf Bank has announced that its third-quarter profit dropped 98% on provisions for bad... Read full article »
Kuwait: Monday, October 26 - 2009 at 13:37

Emirates NBD Q3 profit up 3%

The UAE's largest bank, Emirates NBD, announced on Monday that it posted a 3% rise in Q3 profit... Read full article »
United Arab Emirates: Monday, October 26 - 2009 at 13:15

Al-Ahli bank Q3 earnings plunge 84%

Kuwait-based Al-Ahli Bank has reported an 83.7% decline in third-quarter net profit, Reuters has... Read full article »
Kuwait: Monday, October 26 - 2009 at 09:11

Bank Sohar Q3 profit up 13.2%

Oman's Bank Sohar has said its net profit for the three month period ending September 30, 2009... Read full article »
Oman: Monday, October 26 - 2009 at 09:10

Global sees support for restructuring

Global Investment House, Kuwait's largest investment bank, has said that an 'overwhelming... Read full article »
Kuwait: Monday, October 26 - 2009 at 09:08

Kuwait Finance House Q3 profit drops 46%

Kuwait Finance House, the country's largest Islamic lender, has said its third-quarter net profit... Read full article »
Kuwait: Monday, October 26 - 2009 at 09:05

List released of largest regional banks

US-based Global Finance magazine has issued a list of the 10 biggest banks in the Middle East.... Read full article »
Middle East: Sunday, October 25 - 2009 at 13:21

Samba Q3 profit up 0.7%

Saudi Arabia's second-biggest lender by market value, Samba Financial Group has posted a 0.7%... Read full article »
Saudi Arabia: Sunday, October 25 - 2009 at 10:01

Banque Saudi Fransi releases Q3 figures

The Saudi affiliate of French Calyon, Banque Saudi Fransi, has posted a 1.9% decline in third-... Read full article »
Saudi Arabia: Sunday, October 25 - 2009 at 09:53

Dubai Islamic Bank posts 31% Q3 profit drop

Dubai Islamic Bank has recoded a 31% fall in its third-quarter net profit year-on-year, as the... Read full article »
United Arab Emirates: Sunday, October 25 - 2009 at 09:49

SABB posts Q3 net profit drop

HSBC's Saudi affiliate, SABB Bank has reported a worse-than-expected 19.8% drop in third-quarter... Read full article »
Saudi Arabia: Sunday, October 25 - 2009 at 09:45

Fitch gives Arab National Bank 'A' rating

Saudi Arabia-based Arab National Bank has received 'A' rating for its Long-term Issuer Default... Read full article »
Saudi Arabia: Saturday, October 24 - 2009 at 09:50

Emirates Islamic Bank inks Emcredit deal

Emirates Islamic Bank (EIB) has announced the signing of an agreement with Emcredit to avail of... Read full article »
United Arab Emirates: Thursday, October 22 - 2009 at 10:31

Barhain Islamic Bank posts Q3 loss

Bahrain's biggest Islamic retail bank by market value, Bahrain Islamic Bank, has said that its... Read full article »
Bahrain: Thursday, October 22 - 2009 at 10:29
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