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FINANCIAL NEWS
UAE SHUAA Capital revenues to increase at USD 48.5mn
14 Feb 2016
(MENAFN) SHUAA Capital’s incomes for the whole year touched USD 48.5mn compared to USD 58.1mn in 2014, and the Co. recorded total loss of USD 51.79mn.
Furthermore, for Q4 of 2015, the firm reported revenues of USD 10.91mn, introducing a 58 percent grow compared to USD 6.91mn in Q4 of 2014.
However, the difficult market situations trailed by the decline in oil prices, global economic instability and political uncertainty in the area seen over the course of 2015.
In addition, the majority of the loss registered in 2015 referred to Gulf Finance, the SME Lending business, which set aside provisions of USD 42.07mn against bad loans.
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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