Mousawat said the slight drop in quarterly profit was due to a net loss from a Riyadh hospital it opened in November 2014.
SABIC made a net profit of SAR3.93 billion in the first quarter, down from SAR6.44 billion in the year-earlier period.
Amlak’s shares have been suspended since November 2008 after the global financial crisis helped trigger a local real estate crash.
The price means the retail and wholesale tools superstore will raise around 504 million riyals from its flotation.
Final rules covering the opening of the market will be published on May 4.
Combined customer deposits at the two full-fledged Islamic banks and Bank Muscat almost tripled in the year to March.
G3 Global Grain Group, a joint venture of Bunge and Saudi Agricultural and Livestock Investment Co (SALIC), said that it will buy a 50.1 per cent stake in CWB for $201 million.
The QIA, which holds two seats on VW’s 20-member supervisory board that appoints and dismisses executives, has been looking to solve the leadership crisis at Volkswagen.
Net profit rose to $99 million in the three months.
The bank attributed its increase in net profit to higher total operating income.
The Islamic lender made a net profit of QAR400 million in the first quarter of the year.
The bank sold a $1 billion capital-boosting sukuk issue in January.
The Dubai index jumped three per cent, hitting a two-month closing high of 3,942 points.
The lender made a net profit of OMR12.6 million in the three months to March 31.
The regulator penalised Deutsche Bank on finding “serious contraventions” in the lender’s Dubai operations.
Huda al-Lawati was previously a managing director at Abraaj, having joined the firm in 2004 as an analyst.
The bank made a net profit attributable to shareholders of Dhs816.7 million in the first quarter of 2015.
The company made a net profit of OMR3.83 million ($9.95 million) in the first quarter of 2015.
The company made a net profit of SAR265 million in 2014, according to a statement posted on the bourse website.
The lender made a net profit of SAR2.61 billion ($696 million) in the first quarter of 2015.
It is the seventh quarter in the last eight in which the firm has posted decreasing profits.
The centre is expected to facilitate greater cross-border renminbi investment and financing business and boost trade between China and the region.
The firm said in January that the cash would be used to fund the company’s general corporate needs, new developments and growth plans.
The bank made a profit of OMR43.3 million ($112.5 million) in the first quarter of 2015.
The Middle East currently accounts for 12 per cent of the bank’s global operations.
Noor Bank said its sukuk programme had been arranged by itself as well as Citigroup and Standard Chartered.
The company’s board said it would ask shareholders to vote on the matter, just a day after Bahrain’s Gulf Finance House said it was considering leaving the Kuwaiti bourse.
Net profit was $319.5 million in the first quarter of 2015, a statement said.
SWFs cut their international investment last year because of the plunge of oil prices, a report by CBRE said.
Qatar National Bank and Qatar International Islamic Bank have signed an MoU for the venture.