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Moody's: Outlook for Lebanese banking sector remains negative

Moody's Investors Service has said the outlook for Lebanon's banking system remains negative,... Read full article »
Lebanon: Sunday, October 28 - 2012 at 03:51

BLOM Bank registers 6.1% rise in nine-month profits

Lebanese lender Blom Bank has said its unaudited net profits for the first nine months of 2012... Read full article »
Lebanon: Sunday, October 28 - 2012 at 03:50

Saudi lenders' nine-month net income rose 12.4%

The combined net income of the 12 banks operating in Saudi Arabia has reached SR27bn in the first... Read full article »
Saudi Arabia: Thursday, October 25 - 2012 at 03:32

BMI reports fifth consecutive net income

Bahraini lender BMI Bank has reported its fifth consecutive quarterly profit, as it showed signs... Read full article »
Bahrain: Thursday, October 25 - 2012 at 03:32

Housing Bank posts 4.6% increase in pretax profit

Jordan-based Housing Bank has posted a 4.6% rise in profit before tax and after allowance during... Read full article »
Jordan: Thursday, October 25 - 2012 at 03:32

NBAD's AAA financial institution rating affirmed

Malaysia's RAM Ratings has said it has reaffirmed National Bank of Abu Dhabi's (NBAD) respective... Read full article »
United Arab Emirates: Thursday, October 25 - 2012 at 03:31

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
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