Saudi Arabia's Yanbu National Petrochemical Co (Yansab) reported a 41 percent rise in first-quarter net profit on Wednesday, beating analysts' forecasts.
The firm, a subsidiary of Saudi Basic Industries
Jet Airways, India's second-biggest carrier by market share after privately held IndiGo, said it has registered its third consecutive profitable quarter posting a $71-million Q3 profit for the period ending December 31, 2015.
Aluminium Bahrain (Alba), one of the world's leading aluminium smelters, said on Sunday its third-quarter output rose 2.9 per cent despite significant drops in London Metal Exchange prices.
The sales figures reached 238,862 me
National Bank of Bahrain has reported a 3.2 per cent increase in net profit at BD29.67 million ($78.91 million) for the six months ended June 30 when compared with BD28.74 million for the corresponding period of the previous year.
Saudi Arabia's Yanbu National Petrochemical Company (Yansab) reported a 48.7 per cent drop in first-quarter net profit on Monday.
The firm, a subsidiary of Saudi Basic Industries Corporation (SABIC), made a net profit of 285.1
Bahrain’s national carrier Gulf Air's losses this year are expected to be less than a quarter of what they were just three years ago.
Transportation and Telecommunications Minister Kamal Ahmed told MPs yesterday (April 7
National Bank of Oman, the sultanate's second-largest lender by assets, posted a 25 per cent rise in second-quarter net profit, beating analysts' expectations.
The lender made a net profit of RO12.7 mil
A strong recovery in consumer demand for gold has continued in the second quarter, with numbers up from the previous quarter, said a report.
The latest edition of the quarterly summary of the state of gold worldwide, published by
Kuwait Projects Co (Kipco), the country's largest investment company by assets, reported a 11 percent rise in second-quarter net profit on Wednesday and said it was on track for double-digit revenue growth this year.
Saudi Basic Industries Corp (Sabic), the world's biggest petrochemicals group by market value, posted a 13.96 per cent rise in its second quarter net profit, but missed anlaysts' forecasts.
Sabic, which is 70-per cent stat