Capital Intelligence today announced that it has affirmed the ratings of Al Rajhi Banking & Investment Corporation, based in Riyadh, Saudi Arabia.
Oman’s Bank Dhofar, the third-largest lender in the sultanate by assets, plans to boost its capital by issuing up to 115.5 million rials of Tier 1 capital instruments in 2015
The National Bank of Abu Dhabi NBAD’s Sukuk Income Fund has earned a total income of $798,923.60 which is equivalent to 2.33 per cent of the Net Asset Value as at 27 November 2014 which includes the intended dividend pay-out of $0.1203 per unit.
For the nine months ending 30 September 2014, Qalaa Holdings accordingly reports Revenues of EGP 4,654.1 million, a 34 per cent y-o-y rise compared to the 9M13 pro forma figure of EGP 3,465.2 million.
National Bank of Kuwait-Egypt, the subsidiary of National Bank of Kuwait Group (NBK) in Egypt, reported net profits of EGP 273.5 million in the first nine months of 2014 compared with EGP 259 million in the same period last year, an increase of 5.6 per ce
Al Baraka Turk Participation Bank, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), announced that it had achieved a distinguished increase of 21 percent in its net profit in the first nine months of 2014 compared to the same period of 2
Bahrain-based Islamic retail bank Ithmaar Bank, yesterday announced a total net profit of $4.84 million for the nine-month period ended September 30 this year, compared with a net loss of $11.97m for the same period last year.
United Gulf Bank B.S.C. UGB today announced a net profit attributable to the shareholders of parent of $ 15.7 million for the nine months ended 30 September, 2014 a 7 times increase over same period last year.
Ms. Najla M. Al Shirawi, Chief Executive Officer of Securities & Investment Company, highlighted certain key developments during the first nine months of 2014.
Aldar Properties PJSC, Abu Dhabi’s largest developer, said third-quarter profit climbed 41 percent as leasing revenue grew and homes were completed.