Wednesday 20 September 2017
 
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Abu Dhabi Airports posts 65pc jump in operating profit

Abu Dhabi Airports Company (ADAC) has posted a whopping 65 per cent increase in operating profit from January to August. This announcement comes after the company’s executive team weekly meeting that took place at Al Ain Int

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Large UAE banks set to post solid profitability: Moody’s

Profitability at the four largest UAE banks will remain solid in the next 12 to 18 months underpinned by solid interest income, despite pressure on fee and commission income, said Moody's Investors Service in a new report. The

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Sony operating profit up 180.5pc in Q1

Sony Corporation has reported an operating income of $1.407 billion for the quarter concluding on June 30, 2017 (Q1), up 180.5 per cent from $501.78 million in Q1 2016. The increase was attributed mainly to the growing sales of im

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GFH posts 440pc jump in net profit to $62m

GFH Financial Group (GFH) has announced a net profit attributable to shareholders of $62.1 million for the first half of the year ended June 30, representing a 440 per cent increase from $11.5 million in the first half of 2016. Th

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Gulf Navigation posts net profit of $5.2m in H1

Dubai-based Gulf Navigation Holding has reported its net profit of Dh19 million ($5.2 million) during the first half of 2017, compared to Dh14 million ($3.9 million) achieved during the first half of 2016, an increase of 33 per cent.

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Gulf Navigation posts net profit of $5.2m in H1

Dubai-based Gulf Navigation Holding has reported its net profit of Dh19 million ($5.2 million) during the first half of 2017, compared to Dh14 million ($3.9 million) achieved during the first half of 2016, an increase of 33 per cent.

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Amanat Holdings posts $6.8m net profit for H1

Amanat Holdings, a top healthcare and education investment company, recorded a net profit of Dh25 million ($6.8 million) for the first half (H1) of 2017, a 4.8 per cent increase compared to the same period in 2016. Total Income gr

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Cineco reports record net profit of $94.5m

Bahrain Cinema Company (Cineco), a market leader in the entertainment industry in the kingdom, reported a record net profit of BD35.89 million ($94.5 million) for the first six months of 2017, a major leap from BD1.4 million ($3.6 million) recor

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Jazeera Q2 net profit hits $7.6m

Kuwait-based Jazeera Airways has recorded a net profit of KD2.3 million ($7.6 million) for the second quarter of the year, up 18.1 per cent over its KD1.9 million ($6.2 million) net profit in Q2 2016. The carrier's results wer

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Investcorp reports 34pc increase in full year profit

Bahrain-based Investcorp, a global provider and manager of alternative investment products, extended its track record of solid profitability with a profit of $120.3 million for the 12 months ending June 30, 2017 (FY17), a 34 per cent increase ov

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