Tuesday 21 April 2015
 
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profit

Al Tayyar Travel Q1 profit up 2.1pc

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

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Mashreq's gains surge 13pc as income increases

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

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NBB net profit rises to $45m, up 2.4pc

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. The financia

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BBK's net profit rises 6pc to $39m

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

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Emaar's Egypt unit reports big profit jump

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

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Oman cement Q1 net profit up 3.7pc

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

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Kuwait Finance House Q1 profit up 14.6pc

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.

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Emaar Properties eyes $1bn profit for 2015

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

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Saudi Cement Q1 profit surges 6pc

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

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Samba Q1 net profit up 3pc

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

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