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Doha Bank's net profit rose to QR1.06bn in third quarter

Doha Bank has posted a 5% rise in net profit for the third quarter to QR1.06bn, compared with... Read full article »
Qatar: Wednesday, October 24 - 2012 at 02:06

Oman's Alizz IPO saw 'marginal' oversubscription

Analysts have said the OR40m initial public offering (IPO) of Oman's Alizz Islamic Bank, which... Read full article »
Oman: Wednesday, October 24 - 2012 at 02:05

Tamweel net profit drops 46.5% in Q3 2012

Dubai-based mortgage lender Tamweel has said its third-quarter profit dropped 46.5%, missing... Read full article »
United Arab Emirates: Wednesday, October 24 - 2012 at 02:05

Jordanian lenders spent 9% of their 2011 profits on CSR activities

The governor of Jordan's central bank, Ziad Fariz has said that banks in the kingdom spent around... Read full article »
Jordan: Wednesday, October 24 - 2012 at 02:04

Dhofar Insurance posts 391% increase in net underwriting results

Oman's Dhofar Insurance Co has returned to profit with a net income of OR2.17m for the first nine... Read full article »
Oman: Tuesday, October 23 - 2012 at 00:51

Arab Bank posts 13% increase in nine-month income

Jordan-headquartered Arab Bank Group has said its net profit in the first nine months of the year... Read full article »
Jordan: Tuesday, October 23 - 2012 at 00:50

CBQ posts lower Q3 net profit down slightly

Commercial Bank of Qatar (CBQ) has said its third-quarter net income slightly fell, as gains from... Read full article »
Qatar: Tuesday, October 23 - 2012 at 00:50

Citigroup has great potential: Prince Alwaleed

Prince Alwaleed bin Talal, who has a stake in Citigroup, has said the US lender has great... Read full article »
USA: Tuesday, October 23 - 2012 at 00:50

Bank Dhofar Q3 profit fall 10.7%

Oman's third-largest bank by market capitalisation, Bank Dhofar has said its third-quarter net... Read full article »
Oman: Monday, October 22 - 2012 at 03:55

Experts say Omanis borrowing more than they can afford

Financial experts have said Omani citizens are saddled with more banks loans than they can afford... Read full article »
Oman: Monday, October 22 - 2012 at 03:51

GCC domestic liquidity surges to $778bn

According to a report by QNB Group, higher energy prices and increased hydrocarbons production... Read full article »
Middle East: Monday, October 22 - 2012 at 03:50

NBO says nine-month net profit jumped to OR30.5m

The National Bank of Oman (NBO) has reported a 12% rise in its net profit for the nine-month... Read full article »
Oman: Sunday, October 21 - 2012 at 02:33

Audi Bank reports 14% increase in nine-month net profit

Lebanese lender Audi Bank has said its nine-month net profit rose 14% to $309m, despite the "... Read full article »
Lebanon: Sunday, October 21 - 2012 at 02:33

KIB posts KD9.4m nine-month net income

Kuwait International Bank (KIB) has posted a 21% rise in its operating profits in the first nine... Read full article »
Kuwait: Sunday, October 21 - 2012 at 02:33

Qatar banks may raise bond sales

Barclays has said that Qatari banks may increase bond sales as they seek long-term funding for... Read full article »
Qatar: Saturday, October 20 - 2012 at 05:55
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