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- Sohar International, Liva sign RO63mn loan deal
- Abyat joins NBK Rewards Program
- Aamal Company to buy Golden Aamal Tower for QR478.4mn
- Bank Muscat posts net profit of RO125.82mn
- Woqod posts net profit of QR460mn in H1; recommends QR0.48 interim dividend
- 'Dubai First Home': 10% off on property prices - but no discounts on mortgages
- Sohaila Rahman named Alba chief legal officer
- IHC acquires UAE's top private financing platform for SMEs
- Fed on hold - but rate cuts are coming sooner, says expert
- Saudi Arabia Stockpiles Surplus Oil Production to Face Global Crises
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 | 400.50 | -0.30 (-0.08 |
| FAB | 16.72 | 0.02 (0.11 |
| EMIRATESNBD | 25.45 | 1.25 (5.16 |
| ADCB | 15.26 | 1.08 (7.61 |
| ADIB | 22.58 | 0.56 (2.54 |
16/07/2025
In line with its commitment to enabling strategic partnerships that support sustainable business growth, Sohar International has signed a consolidated loan agreement with Liva Group, a leading multi
Muscat Daily
16/07/2025
Reflecting its commitment to enriching the banking experience of its customers by providing exclusive offers and special rewards, National Bank of Kuwait announced the joining of Abyat, a leading com
Kuwait Times
16/07/2025
Aamal Company has entered into an agreement with Al Jazi Real Estate to purchase the Golden (Aamal) Tower located in Onaiza, for a total price of QR478.4mn.
The purchase price was determined
Gulf Times
16/07/2025
Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the six months ending on June 30.
The bank posted a net profit of RO
Muscat Daily
16/07/2025
Woqod - which has exclusive concession in Qatar to distribute, sell, transport and market refined petroleum products and gas to airports and seaports - has reported net profit of QR460mn, translating
Gulf Times
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