Saturday 23 August 2014
 
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Sharjah airport Q2 passenger numbers up 23pc

Sharjah International Airport saw a 23.1 per cent spike in second quarter passenger numbers during the second quarter of the year, on the back on new route capacity and a runway closure at Dubai International, said a report. Sever

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Rolls-Royce records 39pc rise in sales in Doha

Rolls-Royce Motor Cars Doha has recorded a 39 per cent increase in sales for the first half of the year, compared to the same period last year, said the report. The Rolls-Royce Wraith was the key driver of this steady sales perfor

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GCC inflation rates up on higher housing prices

Inflation rates jumped across GCC states between 1.21 per cent and 3.1 per cent in the six months ending June this year, driven by higher housing and utility costs. The latest inflation figures issued by the Statistical Centre for

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GCC inflation rates up on higher housing prices

Inflation rates jumped across GCC states between 1.21 per cent and 3.1 per cent in the six months ending June this year, driven by higher housing and utility costs. The latest inflation figures issued by the Statistical Centre for

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Bahrain to increase visa fees from October

Visa fees are set to increase for everyone entering Bahrain from October, excluding labourers and domestic workers. This was announced by the Interior Ministry's General Directorate for Nationality, Passports and Residence Aff

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GFH's net profit soars 152pc to $10.6m

Bahrain-based Gulf Finance House (GFH), an Islamic investment bank, has posted a 152 per cent rise in consolidated net profit to $10.6 million for the first half ended June 30, compared with $4.2 million for the prior year period. The b

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ABC net profit surges 22pc to $137m

Bahrain-based Arab Banking Corporation (ABC) has reported a 22 per cent increase in consolidated net profit at $137 million for the first half of this year, compared with $112 million for the same period last year. The net profit for th

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Bahrain Islamic Bank net profit rises 67pc

Bahrain Islamic Bank (BisB) has realised an increase of 67 per cent in net profit at BD4 million ($10.6 million) for the first half of the current year when compared with BD2.4 million for the same period last year. This is after deduct

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Kuwait Food gains surge 8.7pc in Q2

Kuwait Food Company, which sells food products under the Americana brand name, reported an 8.7 per cet increase in second-quarter net profit. The company made a profit of KD12.80 million ($45.2 million) compared with KD11.78 milli

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Gulf Hotels net profit grows 28pc to $20m

Gulf Hotels Group (GHG) has reported 28.29 per cent rise in net profit at BD7.57 million ($20.05 million) for the first half ended June 30, compared with BD5.9 million in the same period last year. The group achieved an increase of BD1.

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