Wednesday 10 February 2016
 
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Net Profit

Kuwait Styrene posts $97m net profit

The Kuwait Styrene Company (TKSC) has announced a net profit of $97 million for the fiscal year ending December 31, 2015, in comparison to a net profit of $126 million during 2014. As Kuwait’s first and only producer of styr

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Waha Capital posts $160m profit in 2015

Waha Capital, a leading investment company based in Abu Dhabi, UAE has reported a 2015 preliminary net profit of Dh588 million ($160 million). Earnings were driven by key investments in the aircraft leasing and consumer finance se

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Abu Dhabi Commercial Bank Q4 net up 16pc

Abu Dhabi Commercial Bank (ADCB) on Sunday posted a 16 per cent rise in fourth-quarter net profit. The emirate's third largest bank by assets made a net profit attributable to shareholders of Dh1.19 billion ($324 million) in t

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Al khaliji posts $171m net profit in 2015

Al khaliji Commercial Bank in Qatar has posted net profit of QR625.5 million ($171.6 million) for 2015, up from QR562.9 million in 2014, reflecting a rise of 11.1 per cent. The net operating income for the full year 2015 reached Q

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Emirates Islamic net profit up 76pc in 2015

Emirates Islamic, a leading Islamic financial institution in the region, has reported a net profit of Dh641 million ($174.5 million) for 2015, marking a 76 per cent year-on-year increase. The bank’s total net income during t

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Bank Muscat Q4 net profit rises 7.3pc

Bank Muscat, Oman's largest lender, posted a 7.3 per cent increase in fourth-quarter net profit on Thursday, according to Reuters calculations. The bank made a profit of RO39.2 million ($101.85 million) in the three-month peri

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Bank Dhofar Q4 net profit rises 32pc

Oman's Bank Dhofar, the second-largest lender in the sultanate by assets, posted a 32 per cent rise in fourth-quarter net profit on Thursday, according to Reuters calculations. The lender made a profit of RO13.4 million ($34.8

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Egypt's El Sewedy Electric Q3 net profit rises to $38m

Egypt's El Sewedy Electric reported a jump in third-quarter net profit to EGP298.95 million ($38.18 million) from EGP103.73 million ($13.24 million) a year earlier, the company said on Wednesday. Revenue rose to EGP4.43 billio

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Egypt's El Sewedy Electric Q3 net profit rises to $38m

Egypt's El Sewedy Electric reported a jump in third-quarter net profit to EGP298.95 million ($38.18 million) from EGP103.73 million ($13.24 million) a year earlier, the company said on Wednesday. Revenue rose to EGP4.43 billio

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NBK-Egypt 9-month profit up 63pc

National Bank of Kuwait-Egypt (NBK-E), reported net profits of EGP445.6 million ($56.7 million) for the first nine months of 2015 compared with EGP273.5 million for the same period last year, an increase of 62.9 per cent year-on-year (y-o-y).

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