Page 6 - Capital Intelligence News Today

Kuwait, 31 July 2022: Gulf Bank K.S.C.P. announced its financial results for the first half ending 30 June. The Bank reported a net profit of KD 30.3 million, an increase of KD 13.8 million or 83% comparedto 2021 first half net profit of KD 16.5 million. Subsequently, the Bank’s return on assets imp

CI stamps stable outlook on Qatars short, long term foreign, local currency ratings

Capital Intelligence is confident that Hellenic Bank is on the right path to growth and profitability, raising its outlook on the long-term foreign...

Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, announced its financial results for the first quar

Kuwait-based Kamco Invest, a regional financial powerhouse, has reported a net profit of KD3.6 million ($11.7 million) in the first quarter (Q1) of 2022, compared to KD1.5 million during Q1 2021, marking an increase of 132.7%.

Doha: Qatar Islamic Bank (QIB) has been recognised on a global and national level at the Global Finance Magazine s World s Best Islamic Banks Awards f...

BUSINESS REPORTERMUSCAT, APRIL 3Oman Arab Bank (OAB) has announced that the international credit rating agency, ‘Capital Intelligence’ (CI), has revised the outlook for its...

The Qatar Stock Exchange witnessed buying interests in four of the seven sectors, yet it closed negative this week, reflecting the weakened global oil

Doha: Capital Intelligence (CI) Ratings has affirmed QIIB s high rating at (A), with a stable outlook, praising the high solvency of the bank. In its...

@conradprabhu -Bolstered by triple digit oil prices, the Sultanate of Oman is on course to achieving a budget surplus equivalent to 3.5 per cent of its gross domestic product (GDP)...