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Bahrain''s Ahli Bank nets $63.1 Million profits in Third Quarter of 2005 - ASHARQ AL-AWSAT English Archive
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Manama, Asharq Al-Awsat- Bahrain”s leading retail bank, &#34Ahli United Bank&#34 said Sunday that its net profit increased three-fold to $63.166 million in the third quarter of 2005, from $22.185 million in the same period a year earlier.

For the first nine months, profits were 67% higher at $141.8 million.

The bank said the results reflected earnings growth across all the bank”s activities, but gave no further details.

Ahli is listed on the Bahrain stock market, according to a report of Dow Jones Newswires.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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