 |
Jet Airways posts $89m quarterly lossIndia's Jet Airways and its smaller rival SpiceJet has reported quarterly losses as fare increases were not sufficient to cover high costs of operations. Jet, controlled by Indian businessman Naresh Goyal, said its net loss wi More… |
 |
Oil prices set for biggest weekly lossOil is poised to post its biggest weekly loss in more than a month, with Brent edging down towards $102 per barrel on Friday - pressured by ample supply and a sluggish economic recovery that could dent demand for fuel. Crude inven More… |
 |
Gold extends losses on firm dollarGold, down in seven of its last eight sessions extended earlier losses on Tuesday on a firm dollar, weak technical signals and speculation that the US Federal Reserve might rein in its stimulus pr More… |
 |
Shuaa Capital Q1 net loss narrowsShuaa Capital, the Dubai-based investment bank, said on Tuesday that its first-quarter net loss narrowed as it reduced operating costs by a third amid shrinking revenues. More… |
 |
TDIC loss at $591m over property slumpAbu Dhabi's tourism development company, which is building local branches of the Louvre and Guggenheim museums, posted a widening loss last year amid the emirate's property slump and said it could take seven years to turn a profit. More… |
 |
Zain Saudi narrows Q1 net lossIndebted telecom operator Zain Saudi said it has narrowed its losses in the first quarter to SR398 million ($106.13 million) from SR420 million in the year-ago period. Saudi Arabia's No.3 mobile company, an affiliate of Kuwait More… |
 |
Kuwait's Global posts $192m net lossKuwait's Global Investment House, which has agreed with creditors to restructure $1.7 billion of debt, posted a net loss of KD55 million ($192.8 million) in 2012 compared to a loss of KD57.5 million the year before. One of the More… |
 |
Orascom Telecom reports $469m Q4 lossCairo-based Orascom Telecom reported a net loss of $468.9 million before minority interests in the fourth quarter, up from a loss of $123.5 million a year earlier. In a statement on Wednesday th More… |
 |
Ithmaar Bank narrows 2012 net lossIthmaar Bank, a Bahrain-based Islamic retail lender, said it has narrowed its net loss for the year ended December 31, 2012, to BD10.1 million ( $26.4 million) from a net loss of BD23.3 million the previous year mainly due to growth in its core More… |
 |
Ithmaar reports $26m loss in 2012Ithmaar Bank, a Bahrain-based Islamic retail bank reported today a net loss of BD10.1 million ($26.6 million) in 2012, compared to a net loss of BD23.3 million in 2011. The turnaround in profit before impairment and taxation with More… |
