Saudi Arabia's Al Tayyar Travel Group has posted a 2.1 per cent rise in first-quarter net profit due to higher sales.
The company made a net profit of SR286 million ($76.3 million) in the three months to March 31, up from SR28
Mashreq, Dubai's third-biggest bank by assets, has posted a 13.2 per cent rise in first-quarter net profit as an increase in income from lending helped to offset a slight dip in returns from fees.
It is the second bank in the
National Bank of Bahrain has posted an increase of 2.4 per cent in net profit at BD17.02 million ($45.27 million) for the first quarter, compared with BD16.62 million for the corresponding period of the previous year.
Bank of Bahrain and Kuwait (BBK) has reported six per cent rise in net profit at BD14.9 million ($39.52 million) for the first quarter of this year, compared with BD14 million in the same period last year.
Earnings per share for t
Emaar Misr, the Egyptian arm of Dubai developer Emaar Properties, on Sunday reported a big jump in first-quarter profits, supported by strong revenue growth.
The subsidiary of Dubai's largest real estate developer said profits
Oman Cement, one of the sultanate's largest cement firms, has reported a 3.7 per cent rise in first-quarter net profit, beating analyst forecasts.
The company made a net profit of RO3.83 million ($9.95 million) in three months
Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 14.6 per cent rise in first-quarter net profit on Wednesday, but still fell short of analysts' forecasts.
Net profit rose to KD29.9 million ($99.
Dubai's Emaar Properties forecast a 2015 net profit of Dh3.695 billion ($1.01 billion), according to a presentation at the developer's annual shareholder meeting.
This is higher than the Dh3.366 billion average forecast fo
Saudi Cement has reported a 5.9 per cent increase in first-quarter net profit on Tuesday, beating analyst forecasts, as higher exports boosted its earnings.
The kingdom's largest cement company by market value said in a bourse
Samba Financial Group, Saudi Arabia's third-largest bank by assets, posted a 3.1 per cent rise in its first-quarter net profit, according to a bourse statement on Monday, ahead of analyst forecasts.
The bank said it made SR1.2