Sunday 22, April 2012 by Isla MacFarlane

RAKBANK posts net profit of AED 325.3 million for Q1 2012

The National Bank of Ras Al-Khaimah (RAKBANK) has reported a net profit of AED 325.3 million for the quarter ended 31 March 2012, reflecting an 11 per cent growth compared to first quarter of 2011 and 9.5 per cent over the fourth quarter of 2011.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more