ABC Islamic Bank has announced that its profit for the nine months to September 2009 was $6.4m. Income for the third quarter was $9.2m versus $10.6m for the previous quarter, due largely (more…)
November 12, 2009
November 9, 2009
Major Kuwaiti investment bank sees loss narrows from Q2
Global Investment House on Monday (Nov 9) has posted a KD5.6m ($19.6m) net loss in the third quarter and said it needs to restructure an estimated KD500m ($1.75bn) of bank (more…)
Bahrain-headquartered investment firm swings to profit
Bahrain-based Securities & Investment Company (SICO) announced a net profit of BD1.6m for the third quarter of this year compared to 2008’s third quarter loss of BD1.2m. For the past (more…)