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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
04/08/2025
Ahlibank has successfully concluded its rights issue, which was oversubscribed. The offering comprised approximately 357mn shares at a price of 142bz per share (including a 2bz issue expense per sha
Muscat Daily
15/06/2025
Demonstrating its growing leadership in Oman's capital markets, ahlibank, together with its Islamic window, ahli islamic, has successfully led the issuance of a RO100mn sovereign sukuk for the Govern
Muscat Daily
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
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08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
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