Tuesday 22 May 2018
 
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Digital technologies 'can save $50bn'

A range of interconnected emerging technologies have the power to unlock a potential $50 billion in savings and increased profit, according to a recent research by international consulting firm, McKinsey. Digitalisation is the num

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Digital technologies 'can save $50bn'

A range of interconnected emerging technologies have the power to unlock a potential $50 billion in savings and increased profit, according to a recent research by international consulting firm, McKinsey. Digitalisation is the num

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Julphar reports $5m net profit in Q1

UAE-based Julphar, one of the largest pharmaceutical manufacturers in the Middle East and Africa (MEA), has reported first quarter 2018 sales of Dh264.0 million ($71.87 million) and a net profit of Dh18.4 million ($5.0 million). T

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Drake & Scull International swings to Q1 net profit

Drake & Scull International, a regional leader in engineering and construction services, has achieved an overall net profit of Dh7 million ($1.9 million) for the first quarter, compared to the net loss of Dh839 million ($228 million) declare

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Gulf Navigation reports $2.78m gross Q1 profit

Dubai-based Gulf Navigation Holding has reported a gross profit of Dh10.15 million ($2.78 million) in the first quarter (Q1) of 2018, a 5 per cent increase in comparison to the first quarter of 2017. This announcement comes conseq

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Gulf Navigation reports $2.78m gross Q1 profit

Dubai-based Gulf Navigation Holding has reported a gross profit of Dh10.15 million ($2.78 million) in the first quarter (Q1) of 2018, a 5 per cent increase in comparison to the first quarter of 2017. This announcement comes conseq

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Seef Properties posts $5.9m Q1 net profit

Seef Properties, a leading integrated real estate company in Bahrain, has posted a net profit of BD2.25 million ($5.93 million) for the first quarter compared to BD2.45 million ($6.45 million) during the same period last year. Ann

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Abu Dhabi's Eshraq Properties swings to Q1 profit

Eshraq Properties (Eshraq), an Abu Dhabi-based real estate company, has achieved a net profit of Dh7.75 million ($2.2 million) for the first quarter compared to a net loss of Dh950,000 ($258600) for the same period last year. The

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Dnata's annual profit hits record $353m

Dubai-based air services provider dnata announced that 2017-18 was the most profitable year in its history, as profits crossed Dh1.3 billion ($353 million) for the first time. Dnata, part of the Emirates Group, noted that revenue

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Zain Bahrain net profit surges 120pc in Q1

Zain Bahrain, a leading telecommunications provider in the kingdom, has reported a net profit of BD1.108 million ($2.93 million) for the three months ending March 31, 2018, thus registering an increase of 120 per cent compared to BD503,000 ($1

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