Friday 4 September 2015
 
»
Tag
 
»
assets

Asia shares stage patchy recovery amid high volatility

Asian shares struggled to recover on Thursday with volatility remaining high, while emerging economy and commodity-linked currencies softened as investors worried about the global repercussions of slower growth in China. Japan'

More…

Islamic finance assets to hit $3.2 trillion

The value of assets in the Islamic finance sector is expected to increase 80 per cent over the next five years, to hit $3.24 trillion in value by 2020, according to findings for an upcoming report.   The initial

More…

Barwa Bank posts 16pc increase in total assets

Qatar-based Barwa Bank has registered a record 16 per cent jump in its total assets for the first half of the year, hitting QAR41.3 billion ($11.3 billion), with a 10 per cent increase in financing assets alone to exceed QAR24.4 billion ($6.7 bi

More…

Gulf Bank Q2 net profit jumps 28.7pc

Kuwait's Gulf Bank, the state's fourth-largest lender by assets, reported a 28.7 per cent jump in second-quarter net profit on Tuesday on the back of higher net interest income. The bank said in a bourse filing that net pr

More…

Saudi foreign assets dip after dollar surge

The net foreign assets at Saudi Arabia’s central bank fell to SR2.521 trillion ($672.2 billion) in May, down by $6.6 billion or one per cent from the previous month as the kingdom continued to draw down reserves to cover a budget gap cause

More…

DIFC assets under management to hit $250bn

Assets under management of fund managers and financial institutions in Dubai International Financial Centre (DIFC), a global financial hub, are estimated to reach $250 billion by 2024, up from $10.4 billion in 2014, said top official.

More…

Barwa Bank Q1 profit up 4pc to top $57m

Barwa Bank, a leading Shari’ah-compliant service provider in Qatar, has posted a net profit of QR209 million ($57.3 million) for the first quarter of 2015, as against QR 201 million for the same period last year, marking an increase of fou

More…

Saudi cbank foreign assets drop in March

Net foreign assets at Saudi Arabia's central bank dropped 4.7 per cent from a year earlier in March to SR2.590 trillion ($690.6 billion), their lowest level since July 2013, central bank data showed on Wednesday. The central b

More…

Mumtalakat aims to double assets under management

Bahraini sovereign fund Mumtalakat wants to double its $6.4 billion assets under management in the next seven years, preferably through partnerships with global investment firms, its chief executive told Reuters. With stakes in so

More…

GSK, Novartis complete $20bn asset swap deals

GlaxoSmithKline and Novartis said on Monday they had completed a series of asset swaps worth more than $20 billion that will reshape both drugmakers. GSK is forming a consumer health joint venture with Novartis, while at the same

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads