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- China's Sinopec Signs Joint Venture Agreement with Saudi Aramco Worth $4 Billion
- IMF lowers Oman's GDP growth forecast to 2.3% for 2025
- Bahrain All Share Index, Islamic Index close lower
- Gulf Bank issues its fifth Annual Sustainability Report for 2024
- BRICS ministers meet in Brazil over Trump trade policies
- Continuing excellence and driving innovation key pillars of NBK's success: Shaikha Al-Bahar
- Borouge to boost production capacity to 6.6m tonnes
- Bitcoin surges back above $95,000 as institutional interest & economic uncertainty drive growth
- Qatar Stock Exchange index rises by 12.86 points at start of trading
- World-scale Dukhan solar power plant to become operational by 2029: Al-Kaabi
29/01/2018 06:08 AST
Kuwait Finance House (KFH), the country's biggest Islamic lender, reported flat fourth-quarter net profit, according to Reuters calculations based on the bank's annual results.
Net profit was 46.3 million dinars ($154.6 million) in the three months to December 31, from 46.6 million dinars in the same period a year ago, Reuters calculated based on annual results published by the company which do not give a quarterly breakdown.
For the full year, the bank reported an 11.5 per cent rise in net profit to 184.2 million dinars, citing an 8.1 per cent rise in net financing income, fees and commission income, investment and other income.
Gulf News
23/04/2025
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq announced that KFH achieved a net profit of KD 168.1 million for the first quarter of 2025 for shareholders, representing an increa
Kuwait Times
21/03/2018
Following is the KFH Group Annual Report for 2017 presented by the Chairman, Hamad Abdul Mohsen Al-Marzouq Praise be to Allah Almighty, and Peace and Blessings be upon our Prophet Muhammad (PBUH), h
Arab Times
21/02/2018
International Turnkey Systems Group (ITS), the market leading provider for comprehensive Islamic financial solutions suite, has announced the successful installation of its pioneering ETHIX-Net inter
Biz Bahrain
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29/04/2025
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company aimed at operating ports, transporting crude oil, and providing ot
Asharq Al Awsat
29/04/2025
Gulf Bank has officially released its Fifth Annual Sustainability Report for the year 2024, titled "From Vision to Execution", highlighting the Bank's advancements in sustainability in line with Kuwa
Kuwait Times
29/04/2025
In an interview with CNBC International, Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) affirmed the Group's commitment to maintaining excellence and fosterin
Kuwait Times
29/04/2025
Borouge today announced a series of strategic asset expansion projects to accelerate its growth, contributing annually between $165 million and $200 million (AED600 million - AED730 million) in EBITD
Trade Arabia
29/04/2025
Saudi developer Emaar, The Economic City has signed final agreements with four local banks to reschedule SR3.39 billion ($904 million) in existing debt and secure a new credit facility.
In a
Arab News
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