Thursday 31 July 2014
 
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Rise of Islamic State tests Syrian army strategy

The growing power of the ultra-hardline Islamic State means the Syrian army is now having to confront a group it has until now been reluctant to attack for political reasons.  

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Aramex Q2 net profit up 12pc

Dubai logistics firm Aramex reported a 12 per cent rise in second-quarter net profit on Thursday, in-line with analyst estimates.   Aramex posted a second-quarter net profit

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BNH net profit surges 23.2pc to $6.15m

Bahrain National Holding (BNH) has reported 23.2 per cent rise in consolidated net profit at BD2.34 million ($6.15 million) for the six months ended June 30 when compared with BD1.9 million for the same period la

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Kipco posts 20pc profit increase

Kuwait Projects Company (Kipco) has announced a net profit of KD21.7 million ($77 million) for the first six months of 2014, an increase of 20 per cent on the KD18.1 million profit reported for the same period last year. In the se

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Kipco posts 20pc profit increase

Kuwait Projects Company (Kipco) has announced a net profit of KD21.7 million ($77 million) for the first six months of 2014, an increase of 20 per cent on the KD18.1 million profit reported for the same period last year. In the se

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BCFC net profit surges 13pc to $19.1m

Bahrain Commercial Facilities Company (BCFC), a consumer finance and insurance provider, has reported a 13 per cent rise in consolidated net profit at BD7.2 million ($19

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NBAD beats forecasts with 17.5pc profit gain

National Bank of Abu Dhabi , the largest lender in the UAE, on Tuesday beat analysts' estimates with a 17.5 per cent rise in second-quarter net profit, with higher fees and investment gains boosting income.

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Abu Dhabi Commercial Bank posts 22pc profit rise

Abu Dhabi Commercial Bank , the fourth-largest lender by market value in the United Arab Emirates, beat analysts' estimates slightly on Tuesday as it posted a 22 per cent rise in second-quarter net profit on

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KFH Q2 profit rises 6.4pc, misses estimates

Kuwait Finance House (KFH) , the country's biggest Islamic lender, reported a 6.4 per cent rise in second-quarter net profit on Monday, slightly below analysts' estimates.  

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BBK net profit rises 7.8pc to $72.1m

Bank of Bahrain and Kuwait (BBK) has reported a growth of 7.8 per cent in net profit at BD27.2 million ($72.14 million) for the six months ended June 30, when compared with BD25.2 million for the corresponding pe

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