Sunday 25 January 2015
 
»
Tag
 
»
decline

Salalah Port net profit down 5pc to $13m

Salalah Port Services has reported a five per cent decline in net profit after tax to RO5.38 million ($13.9 million) for 2014, from RO5.66 million in the previous year, according to a report. The total revenue also showed a 9.2 pe

More…

Saudi hit by steel price collapse rumours

Saudi Arabia's construction sector has been hit by rumours that steel prices will collapse shortly because of falling demand, but its industry chief insisted that prices showed only slight decline, according to a report. The s

More…

Food prices fall after three stable months

The United Nations Food and Agricultural Organisation (UNFAO) Index declined in December, after three months of stability, declining for the third consecutive year, according to a report. The 1.7 per cent fall was credited to cont

More…

Brent steady below $60, heads for 4th weekly decline

Brent crude held below $60 a barrel, near a 5-1/2-year low, on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year. Oil prices were on track for a fourth straig

More…

Brent steady below $60, heads for 4th weekly decline

Brent crude held below $60 a barrel, near a 5-1/2-year low, on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year. Oil prices were on track for a fourth straig

More…

Oil price declines have shale investors scrambling

Plummeting oil prices are pushing some of the small-cap companies which flourished as part of the US shale energy boom close to their breaking point, while also prompting some well-known fund managers to aggressively buy energy stocks.

More…

Al Ahlia Insurance posts net profit of $1.8m

Bahrain-based Al Ahlia Insurance has reported a net profit of BD712,112 ($1.8 million) for the second quarter as against BD2.1 million for the same period last year. 'The transient decline was due to the reduction in the actual real

More…

HSBC profit declines 12pc to $12.3bn

Europe’s largest bank HSBC warned that regulators’ zeal to punish wrongdoing was putting its staff off taking reasonable business risks, as it reported a 12 per cent drop in first-half profit. Lost revenue from closing

More…

No fresh Mers case in Saudi in 25 days

Saudi Arabia’s Ministry of Health has reported no fresh case of the Middle East Respiratory Syndrome Coronavirus (Mers-CoV) in the past 25 days, said a report. It also claimed that two patients made a full recovery from the

More…

Commercial Bank of Qatar net profit dips 3pc

Commercial Bank of Qatar (CBQ) suffered a three per cent decline in second-quarter net profit, Reuters calculations based on half-year figures from the bank showed on Wednesday, as higher costs and provisions ove

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads