Wednesday 25 April 2018
First half profits

BMI posts $8m H1 loss after merger expense

BMI Bank, a subsidiary of Al Salam Bank Bahrain, has reported a loss after provisions of BD3.1 million ($8.1 million) for the first half ended June 30, as against a net profit of BD540,000 for the same period last year. This was d


Shuaa revenues up 46pc in H1, top $31m

Shuaa Capital, a Dubai-based integrated financial services, has reported a 46.1 per cent increase in revenues to Dh116.2 million ($31.6 million) in the first half of 2014, compared to Dh79.5 million during the same period in 2013.


Ithmaar swings to H1 net profit of $4.6m

Bahrain-based Ithmaar Bank, a leading Islamic, retail-focused bank, has recorded a net profit attributable to shareholders of $4.6 million for the first half of the year against a loss of $47.6 million in 2009. It is Ithmaar's first fi

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