ADNIC announces Q2 2015 results

Abu Dhabi National Insurance Company announced today its financial results for the second quarter ended June 30th 2015.


UGB announces results for the first half of 2015

United Gulf Bank B.S.C. UGB today announced a net profit attributable to shareholders of parent of $ 5.2 million for the six months ended 30 June 2015 compared to US$ 16.4 million in same period last year.


Finance House H1 profit soars 8.2%

The finance company said on the back of a sustained growth in the lending book and targeted expansion of the fixed income portfolio


Ibdar Bank H1 revenues up 51pc to $11m

Total profits for the period, also increased by 79 per cent to $2.54 million after considering an impairment charge of $2.2 million relating to legacy assets.


Al Baraka raises net income by five per cent for H1 2015

The balance sheet items achieved moderate increases, as total assets increased by two per cent, total financing and investments by two per cent and customer accounts by one per cent at the end of June 2015 compared to the end December 2014.


Shuaa Capital second quarter net profit falls 72%

The second quarter revenues and net profit were AED 59.7 million and AED 1.7 million respectively, as compared with revenues of AED 52.0 million and a net profit of AED 6.2 million in Q2 2014.


IPO performance improves in GCC - PwC

IPO performance in the Gulf Cooperation Council showed signs of recovery in terms of the number of offerings and total money raised in the second quarter of 2015 compared to the first quarter suggesting some interest in listing ahead of the traditional q