Wednesday 5 August 2015
 
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Gulf International Services Q2 profit down 9pc

Qatar's Gulf International Services, which has interests in insurance, aviation, oil and gas services and catering, reported a 9.2 percent fall in second quarter profit on Tuesday. The firm, made a profit of QR249.7 million ($

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Ahli United H1 profit up 6pc to $278m

Bahrain’s Ahli United Bank (AUB) reported a net profit of $278.4 million for the first half (H1) of the year, as against $262.5 million during H1 2014, marking an increase of 6.1 per cent.   The Q2 2015 net profit achiev

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LMC registers $2.25m net profit

Liquidity Management Centre (LMC), a Bahrain-based wholesale Islamic bank, has reported a net profit of $2.25 million for the first half of this year as against $2.1 million for the same period last year. A statement by the bank said the net p

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Industries Qatar Q2 profit up 20pc, H1 slips

Industries Qatar reported a 20 per cent increase in second-quarter profit on Tuesday that beat analyst forecasts, although its half-year profit fell because of declining petrochemicals prices versus a year earlier. The petrochemic

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Viva's H1 net profits surge $71m

Viva, Kuwait's fastest-growing telecom operator, has reported a net profit of KD21.6 million ($71.3 million) for the first half of the year, jumping 14 per cent compared to the same period last year. Total revenues reached KD1

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Barwa Bank posts 16pc increase in total assets

Qatar-based Barwa Bank has registered a record 16 per cent jump in its total assets for the first half of the year, hitting QAR41.3 billion ($11.3 billion), with a 10 per cent increase in financing assets alone to exceed QAR24.4 billion ($6.7 bi

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Agthia H1 net profit increases 20pc to $34m

Agthia Group, a top UAE-based F&B company, reported that its net profit for the first half of 2015 increased 20 per cent from the same period in 2014 to Dh125 million ($34 million), driven by higher sales and improved margins.

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Khaleeji Commercial profit rises 177pc to $11m

Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic bank, has reported an increase of 177 per cent in net profit for the first half at BD4.4 million ($11.67 million), compared with BD1.6 million for the same period last year. The profit fig

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BCFC net profit surges 18pc to $22.5m

Bahrain Commercial Facilities Company (BCFC) has posted an 18 per cent rise in consolidated net profit at BD8.5 million ($22.5 million) for the first half of the year, compared with BD7.2 million for the same period last year, reported the G

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Saudi Telecom Q2 net profit falls 8.7pc, misses estimates

Saudi Telecom Co (STC), the Gulf's biggest telecom operator by market value, blamed rising costs as it posted an 8.7 per cent fall in second-quarter profit on Wednesday to extend a profit slump and miss analyst estimates. The

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