QNB Group Ordinary General Assembly Approves Agenda

QNB Group Ordinary General Assembly Approves Agenda

QNB Group Ordinary General Assembly Approves Agenda QNB Group announced that at its ordinary General Assembly held on 1st February 2015, that QNB Group’s Financial Results for the year ended 31st December 2014 were approved. The General Assembly ratified all items on its Agenda including the proposal by the Board of Directors to distribute a cash More...

by Staff writer | Published 4 years ago
European Central Bank (ECB)
By Staff writer On Sunday, February 1st, 2015
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QNB: How the ECB Learned to Love Quantitative Easing

European Central Bank (ECB) The European Central Bank (ECB) announced an expanded quantitative easing (QE) programme on 22 January. Starting in March 2015, the ECB will buy, on a monthly basis, EUR60bn worth of More...

Commercial Bank of Dubai records 19 percent increase in net profit
By Staff writer On Friday, January 30th, 2015
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Commercial Bank of Dubai records 19 percent increase in net profit

Commercial Bank of Dubai records 19 percent increase in net profit Commercial Bank of Dubai’s net profit for the year ended 31st December 2014 increased by 19% to AED1,202.3 million as compared to AED1,010.2 million More...

NBAD reports record Q4 and Full Year 2014 results
By Staff writer On Thursday, January 29th, 2015
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NBAD reports record Q4 and Full Year 2014 results

NBAD reports record Q4 and Full Year 2014 results The National Bank of Abu Dhab, NBAD, has reported net profits of AED1.372 billion in Q4, 2014, marginally higher and up 28 percent year-over-year. For the full-year More...

Stanbic Bank Uganda Limited
By Staff writer On Thursday, January 29th, 2015
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Stanbic Bank Uganda Limited signs US$ 85 million Syndicated Term Loan Facility in Dubai

Stanbic Bank Uganda Limited Stanbic Bank Uganda Limited, a group company of Standard Bank Group Limited (“SBG”), South Africa, today signed a US$85 million 18-month term loan facility in Dubai. Emirates More...

Union National Bank announces record profit of AED 2,021 million for 2014, up by 16%
By Staff writer On Wednesday, January 28th, 2015
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Union National Bank announces record profit of AED 2,021 million for 2014, up by 16%

Union National Bank announces record profit of AED 2,021 million for 2014, up by 16% Union National Bank (UNB) reported another year of record profit with the UNB Group profit being AED 2,021 million for the fiscal More...

Gulf Bank posts KD 35.5mln in net profit for 2014
By Staff writer On Wednesday, January 28th, 2015
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Gulf Bank posts KD 35.5mln in net profit for 2014

Gulf Bank posts KD 35.5mln in net profit for 2014 The Gulf Bank has announced an operating profit before provisions of KD 106.8 million for the year ending 2014 and a net profit at KD 35.5 million, up a 10 percent More...

Al khaliji (KCBK)
By Staff writer On Monday, January 26th, 2015
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Al Khaliji Reports 2014 Net Profit of QR 563 Million and Impressive 24% Growth in Total Assets

Al khaliji (KCBK) Al khaliji (KCBK), in Qatar, released its consolidated financial statements for the year ended 31 December 2014 today with a Net profit of QR 562.9 million for 2014, up from QR 550.9 in 2013. The More...

Dubai Islamic Bank Group profit up by 63 percent
By Staff writer On Monday, January 26th, 2015
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Dubai Islamic Bank Group profit up by 63 percent

Dubai Islamic Bank Group profit up by 63 percent Dubai Islamic Bank, the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, today announced its results for the year ended December More...

FGB announces deal with Dalma Energy
By Staff writer On Monday, January 26th, 2015
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FGB announces deal with Dalma Energy

FGB announces deal with Dalma Energy FGB looks to maintain strong growth in 2015 having already closed a USD 313.7 million secured syndication facility on behalf of Dalma Energy. The deal follows recent news that More...