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- Bahrain celebrates National Day with pride and in style
- Binghatti, Mercedes-Benz unveil $8.2bn multi-tower branded city in Dubai
- Asian markets retreat ahead of US jobs as tech worries weigh
- Gulf Bank celebrates graduation of the first cohort of its Risk Academy
- Northern Saudi Arabia Offers 240 Investment Opportunities Worth $10.6 Billion
- Indian Rupee breaches 91-mark against USD amid foreign outflows
- Commercial Bank invites customers to visit its booth at The Avenues mall
- Boursa Kuwait welcomes listing of Action Energy Company in its 'Premier' Market
- Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports
- Oman's central bank rolls out partial payment cheque clearing system
23/11/2009 00:00 AST
Al Salam Bank- Sudan posted a $21.5 million profit in the third quarter of this year, including investors shares - up about nine per cent compared to $19.7m during the same period last year.
In addition, the bank announced an increase in earnings per share from nine cents to 12.4 during the third quarter. It also allocated $3.3m for funding during the third quarter, bringing the total to $4.95m for the first nine months of this year. The net profit of property rights also increased by 38pc since the third quarter last year - from $9m to $12.4m. On the downside, the value of assets - $436m - at the end of the third quarter was about five per cent less than $458m for the same period last year. The bank said that the decline came as a result of a rising dollar against the Sudanese pound. "The results indicate the banks strong position in the financial markets," general manager Osman Mokhtar said.
"We expect the bank to achieve greater success in the fourth quarter and excellent financial results at the end of this year," he added.
Gulf Daily News
23/11/2009
Al Salam Bank -Sudan has released new figures showing substantial Q3 gains as well as positive growth in investors shares.
The bank achieved a profit of $21.5m during Q3 2009 including inv
AME Info
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 399.50 | 0.00 (0.00 |
| FAB | 16.50 | 0.10 (0.60 |
| EMIRATESNBD | 26.15 | 0.90 (3.56 |
| INVESTB | 0.45 | 0.00 (0.00 |
| ADCB | 14.84 | 0.10 (0.67 |
17/12/2025
Gulf Bank announced the graduation of the first cohort of its Risk Management Academy, launched in collaboration with Gulf University for Science and Technology (GUST), marking a step that reflects t
Kuwait Times
17/12/2025
Commercial Bank of Kuwait announces its presence at The Avenues mall - Phase 2 - during the weekend, from Thursday, December 18 until Saturday, December 20, 2025. The bank invites young customers and
Kuwait Times
17/12/2025
Fitch Ratings has upgraded OQ Group's long-term issuer default rating (IDR) to 'BBB-' from 'BB+', with a stable outlook. The upgrade follows a similar action on Oman's sovereign rating on December 8,
Muscat Daily
17/12/2025
Mosanada Facilities Management Services Q.P.S.C. ("Mosanada" or the "Company"), announces the completion of its Direct Listing on the Qatar Stock Exchange ("QSE") Main Market on December 15, 2025. On
The Peninsula
16/12/2025
National Investments Company (NIC) announced the completion of the private placement and the successful listing procedures of Action Energy Company on the Premier Market of Boursa Kuwait, following t
Kuwait Times
Financial Information Co.
Saudi Arabia