Dubai Islamic Bank (DIB), the UAEs' largest sharia-compliant lender, posted a 59.6 per cent jump in its second-quarter net profit, aided by higher fee and investment income.
Beating analysts' forecasts, the bank made 667.5
Securities & Investment Company (Sico), a conventional wholesale bank in Bahrain, reported a 166 per cent increase in first half net profit to BD5.1 million ($13.52 million), compared to BD1.9 million during the same period in 2013.
Islamic Bank has reported a net profit of $7.5 million for the first half of 2014, 25 per cent higher than the profit of $6 million reported in the first half of 2013.
Total operating income rose to $10.7 million, compared to $8.3
Batelco Group, Bahrain-based telecommunications company with operations across 14 countries, has reported a net profit of BD24.9 million ($66 million) for the first half of this year.
The profit compares with BD25.3 million ($67.1
Boeing reported a 52 per cent jump in quarterly profit, helped by higher commercial plane deliveries and one-time tax gains, but investors were spooked by rising costs in its military tanker programme.
Bahrain National Holding (BNH) has reported 23.2 per cent rise in consolidated net profit at BD2.34 million ($6.15 million) for the six months ended June 30 when compared with BD1.9 million for the same period la