QNB Financial Results For The Year Ended December 31, 2012
• Net Profit reached QR8.3 billion, up by 11.1% from 2011 • Total Assets stood at QR367 billion, up by 21.5% from…
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Banks
Sukuk Issuance In 2012 Soars 54 Per Cent
Total Sukuk issuance in December reached $8 billion with a 61 per cent increase compared to last year. The report…
Bankdhofar’s First Sharia Board Meeting
The first meeting for the Sharia Supervisory Board of BankDhofar was held on December 26 at the bank's head office…
Bank Muscat, Shinhan Bank Of Korea Sign Co-Operation Pact
Bank Muscat, the flagship financial services provider in the Sultanate, and Shinhan Bank, one of the leading banks…
Ahlibank Gets CMA Licence For Additional Activities
The Capital Market Authority (CMA) has granted a licence to Ahlibank to carry out additional investment-banking…
Iraq Cenbank Sees 2013 Growth At 9 Pct, Reserves At $105-$110 Bln
Iraq's economy should grow 9 percent this year as the OPEC nation's oil production expands and international…
Egypt C.Bank Says Pound Fell At Dollar Auction
The Egyptian pound fell at a central bank auction of dollars on Wednesday, the seventh such sale since it…
Egypt Inflation Accelerates To 4.7 Percent In December
Inflation in Egypt’s urban areas, the gauge the central bank monitors, accelerated to 4.7 percent in December, the…
Jpmorgan Says Saudi Fransi Net Sets Strong Expectation For Banks
Banque Saudi Fransi (BSFR), whose fourth- quarter profit topped estimates, will probably spur “upbeat” earnings…
Bank Muscat Outlines Customer-Centric Future Strategies
Bank Muscat, the flagship financial services provider in the Sultanate, outlined its customer-centric future…