Sunday 26 October 2014
 
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First quarter

al khaliji Q1 profit down 17pc at $30m

al khaliji (KCBK)has reported net profit of QR109 million ($29.9 million) for the first quarter of the year, compared to QR131.5 million for the same period in 2013, marking a fall of 17.1 per cent. Loans and advances grew by 11 p

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Vodafone Qatar Q1 net loss narrows

Vodafone Qatar, an affiliate of Vodafone Group, said on Thursday its first-quarter loss narrowed and named a new chairman of its board. Vodafone, which ended Qatar Telecom's (Qtel) domestic monopoly in 2009, made a first-quart

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QPIC posts $14.5m net profit

Kuwait-based Qurain Petrochemical Industries Company (QPIC) posted a net profit of KD4.15 million ($14.5 miilion) for the first quarter of the financial year ended June 30, as compared to KD124,840 made in the same period last year.  

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Toyota GCC sales up 23pc in Q1

Toyota sold 158,223 units in the GCC in the first quarter of the year, marking a 23 per cent increase in sales as compared to the same period in 2012 as well as a 39.6 per cent market share. This first quarter growth in the GCC fo

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Dubai Metro carries 33.3m commuters in Q1

Dubai Metro transported more than 33.3 million commuters both Red and Green lines during the first quarter of the year, indicating a significant increase in figures compared to the same period last year. Adnan Al Hammadi, chief ex

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TMG first-quarter net profit falls 19.8pc

Egyptian property developer Talaat Moustafa Group (TMG) said net profit in the first quarter of 2013 fell 19.8 percent to 139.4 million Egyptian pounds ($20 million). TMG's profit for the first quarter of 2012 was 173.7 millio

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Batelco first-quarter net profit falls 17pc

Bahrain-based Batelco Group, a leading telecom company, made a net profit of BD13.4 million ($35.5 million) in the first quarter of the year, down from BD16.1 million during the same period in 2012, marking a drop of 17 per cent.

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Al Baraka Q1 net profit up 15pc

Bahrain-based Islamic lender Al Baraka Banking Group posted a 15-percent increase in first-quarter net income, the bank said on Sunday. Al Baraka, which has operations across the Middle East, Asia and Africa, said first-quarter ne

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Renault Mideast Q1 sales up 18pc

Renault Middle East has reported sales of 3,847 units for GCC, Iraq and the Levant, marking an increase of 18 per cent during the first quarter (Q1) of the year as against figures for the same period last year. With Iran operation

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Milaha’s first-quarter profits hit $94m

Qatar Navigation (Milaha) has posted a net profit of QR344.6 million ($94.57 million) for the three months of 2013, as against QR283.7 million for the same period last year, marking an increase of 21 per cent. Operating revenues f

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