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- Bahrain All Share Index, Islamic Index close higher
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16/10/2017 11:32 AST
Ahli Bank has clocked a net profit of 19.8 million rials at the end of nine months this year as against 21 million rials in 2016.
Net loans and advances of the lender went up by 6.2 per cent to 1.65 billion rials for the nine months ended September 2017 from 1.56 billion rials in the corresponding period last year.
Deposits of the bank registered a 17.3 per cent incrase to reach 1.45 billion rials during the period from 1.24 billion rials in the same period last year, the bank said in its filing on Muscat Securities Market.
The bank equity also went up by 5.7 per cent to 248.1 million rials, the bank said in the filing.
Operating income of the lender was marginally up to 40 million rials for the September quarter from 39.4 million rials and operating expenses stood at 14.2 million rials, up from 14.3 million rials in the corresponding period last year, the bank said.
Oman Tribune
13/04/2025
Ahlibank's board of directors has accepted the merger proposal outlined in a letter of intent submitted by Sohar International Bank.
On Monday, Sohar International announced its intention to
Muscat Daily
30/07/2017
Ahlibank recently announced its financial results for the second quarter ending June 30, 2017. The results are based on the condensed interim financial statements, which have been reviewed by the ban
Oman Daily Observer
07/05/2017
Ahlibank has been ranked the 'No 1 Bank in Oman' in the mid-size banks category in the recent 'OER-GBCM Best Bank's in Oman' survey 2017. The survey by Oman Economic Review (OER) - Gulf Baader Capita
Oman Daily Observer
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25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
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The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
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The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
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Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
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