Dubai Islamic Bank net profit rises

Dubai Islamic Bank posted a 55.7 percent rise in third-quarter net profit, helped by a jump in income from Islamic financing as well as fees, commissions and foreign exchange.


Bank Muscat posts OMR 126.73 million profit for 9M 2014

Bank Muscat has announced the Q3 financial results, approved by the board of directors. The bank posted a net profit of OMR 126.73 million for the nine month period ending 30 September 2014 compared to OMR 102.51 million reported during the same period in


NBAD, Saudi insurer earnings may help lift markets

Stock markets in the Middle East look likely to gain on Wednesday on the back of solid earnings posted, among others, by the United Arab Emirates' largest bank and several Saudi insurance companies, plus a positive global background.


HSBC Bank Oman announces net profit of OMR 9.5 million for 9M 2014

HSBC Bank Oman S.A.O.G. announced a net profit of OMR 9.5 million for the nine months ended 30 September 2014. While this represented a 25.2 per cent decrease over the same period last year, the comparative period in 2013 had benefitted from significant r