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Arab Bank Group net profit after tax and provisions during the first half of 2014 grew by 7% to USD 414.9 million from USD 387.3 million in the same period last year.
Loans and advances …Read full article » : Thursday, July 17 - 2014 @ 11:01
Arqaam Capital (“Arqaam”), the specialist emerging markets investment bank, announced that it is hosting The Arqaam Capital Gulf Cooperation Council and Africa Investors Conference on 22nd and 23rd September 2014 at the Meydan Hotel …Read full article » : Thursday, July 17 - 2014 @ 09:54
Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Bank Sohar S.A.O.G’s Financial Strength Rating (FSR) at ‘BBB’ which is underpinned by the Bank’s good asset quality, strong internal capital …Read full article » : Thursday, July 17 - 2014 @ 09:04
National Bank of Oman (NBO) has said its net profit for the second quarter grew 25% to OR12.7m ($33m), compared with OR10.2m in the corresponding period of last year, Reuters has reported. The sultanate’s second-largest …Read full article » : Thursday, July 17 - 2014 @ 00:46
The Omani central bank has said remittances from the expatriate community in the country rose 12.6% to OR3.502bn last year, compared with OR3.109bn in 2012, Times of Oman has reported. The increase was attributed to …Read full article » : Thursday, July 17 - 2014 @ 00:46
The Oman Development Bank (ODB) has said it is targeting a 15% increase in its portfolio and loan disbursements in the coming year, Times of Oman has reported. The bank, which provides loans for a …Read full article » : Thursday, July 17 - 2014 @ 00:45
Kuwait’s Gulf Bank has posted a 9.5% increase in net profits for the first half of 2014 to KD15.6m, compared with KD14.3m a year earlier, Kuna has reported. Operating profits, before provisions, rose slightly to …Read full article » : Thursday, July 17 - 2014 @ 00:43
The Tadawul All-Share Index added 0.13 per cent amid lackluster trading on Wednesday, July 16.
The gauge closed at 9,810.81 points. Earlier in the day, the market authority said the bourse will be close from July …Read full article » : Wednesday, July 16 - 2014 @ 17:43
The staff of the International Bank of Qatar (ibq) got together with the children of the outpatient department at Hamad General Hospital and their families for Iftar to reflect the spirit of the holy month …Read full article » : Wednesday, July 16 - 2014 @ 16:10
Bank Nizwa recently held its annual Iftar dinner at the Intercontinental hotel in Muscat.
The gathering which was a celebration of the opening of the Ramadan fast was also an opportunity for over 150 Bank …Read full article » : Wednesday, July 16 - 2014 @ 15:23