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SICO posts $2.7m net profitSecurities & Investment Company (SICO) has reported a net profit of BD1.02 million ($2.7 million) for the first quarter of this year, compared to BD1.58 million in the same period last year. The Bahrain-based regional investment bank said brokerage and other income increased More… |
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KHCB inks new retail business accordKhaleeji Commercial Bank has signed a three-way memorandum of understanding with Bahrain Defence Force's Military Consumer Association (MCA) and its main supplier Glabrous International. The signing took place at KHCB's headquarters in Bahrain Financial Harbour marking a More… |
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Arig posts $2.7m net profit in Q1Arab Insurance Group (Arig), a leading Bahrain insurance company, said its net profit for the first quarter of the year fell to $2.7 million from $5.5 million last year. However, the reinsurance firm posted an increase of three per cent in gross premiums which hit $164.9 million More… |
