Saudi state investment fund to set up new companies

Saudi state investment fund to set up new companies

Public Investment Fund eyes new firms in housing, petrochemicals and technology

Higher costs, provisions hit bottom line of Qatar's CBQ

Higher costs, provisions hit bottom line of Qatar's CBQ

Commercial Bank of Qatar suffers 3% decline in net profit in second quarter of 2014

Kuwaiti investment giant posts 20% rise in Q2 net profit

Kuwaiti investment giant posts 20% rise in Q2 net profit

Kuwait Projects Co says it made more than $40m net profit in the three months to end-June

Dubai's Mashreq posts 45% jump in Q2 net profit

Dubai's Mashreq posts 45% jump in Q2 net profit

Dubai's third-biggest lender by assets reports profit of $159m in three months to June 30

Saudi Electricity says will get $400m payment from Aramco

Saudi Electricity says will get $400m payment from Aramco

Gulf's largest utility firm says payment will affect cash flow and reduce consumer receivables in the third quarter

Abu Dhabi's FGB reports 16% rise in Q2 net profit

Abu Dhabi's FGB reports 16% rise in Q2 net profit

UAE's second largest lender says earnings growth was propelled by lending income in second quarter

UAE's largest lender posts 17.5% rise in Q2 net profit

UAE's largest lender posts 17.5% rise in Q2 net profit

National Bank of Abu Dhabi says it made profit of $386m in three months to June 30

Qatar's largest Islamic bank posts 12% rise in Q2 net profit

Qatar's largest Islamic bank posts 12% rise in Q2 net profit

Masraf Al Rayan beats analysts' expectations by reporting profit of $129.5m in three months to June 30

UAE's Waha Capital Q2 net profit jumps on AerCap deal

UAE's Waha Capital Q2 net profit jumps on AerCap deal

Abu Dhabi firm says it made $310m profit in quarter, boosted by one-off gain from AerCap investment

Damac says latest Dubai project sells out in one evening

Damac says latest Dubai project sells out in one evening

Investors snap up nearly 300 luxury apartments in its Downtown Akoya project as property market continues to boom


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