Emirates Investment Bank (EIBank), a top private and investment bank, has reported a profit of Dh35.3 million ($9.6 million) in the first half of the year, as against Dh27.8 million in the same period of 2013, marking a rise of 27 per cent.
National Bank of Kuwait (NBK), the largest Kuwaiti bank, reported net profits of $298 million in the first quarter (Q1) of 2014 compared with $289 million in the same period last year, marking a 3.2 per cent increase year-on-year.
Dubai-based Noor Islamic Bank delivered a strong performance in 2012 that has translated into a rise in profits of Dh26.4 million ($7.18 million) to Dh75.5 million ($20.54 million), year-on-year.
Based on the significant progress
Samsung Electronics, a leader in consumer electronics, earned 3.51 trillion won ($3.33 billion) in the three months ended June 30, as against 4.28 trillion won in the same period last year with a decrease of 18 per cent in net profits.
Zamil Industrial, a leading manufacturing and fabrication group, convened its general assembly yesterday (March 31) where the shareholders approved a 15 per cent distribution of profits at SR1.5 ($0.40) per share.
The session was held to d
National Bank of Kuwait (NBK) reported today (March 30) a net profit of EGP312.8 million ($55.4 million) from its Al Watany Bank of Egypt (AWB) operations in 2008 compared to EGP203.3 million in 2007, an increase of 54 per cent.