Tuesday 23 January 2018
 
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profit

ME carriers' profits to grow two-fold in 2018

Middle East carriers are forecast to see net profits improve to $600 million in 2018 (up from $300 million in 2017), new data showed. According to forecasts released by the International Air Transport Association (Iata), demand in

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Turkish Airlines posts record $939 Q3 profit

Turkish Airlines posted a record net profit of $939 million for the third quarter of this year, as a result of the financial discipline and dynamic demand management applied since the beginning of 2017, the airline said.  

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Turkish Airlines posts $939m record Q3 profit

Turkish Airlines has posted a net profit of $939 million in the third quarter of 2017 thus setting a new record in company's history. The nine-month operating net profit surged to $956 million, thanks to the financial discipli

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Bank ABC Islamic 9-month profit surges 25pc

Bahrain-based Bank ABC Islamic has reported a net profit of $21million for the first nine months of 2017, 25 per cent higher than the net profit of $16.8 million recorded during the same period in 2016.  Net profit for the th

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Aldar's nine-month net profit surges to $506m

Aldar Properties, the leading property development company in Abu Dhabi, UAE, has delivered a strong underlying performance across the business for the first nine months with a net profit of Dh1.86 billion ($506 million) over last year.

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Emaar's nine-month profit surges 20pc to $1.2bn

Leading property developer Emaar Properties has recorded a Dh4.35 billion ($1.18 billion) net profit for the first nine months (January to September), up 20 per cent over the net profit of Dh3.62 billion ($986 million) for the same period in 201

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Tabreed’s net profit surges 8pc in Q3

The National Central Cooling Company (Tabreed), a leading UAE-based district cooling utility company, has registered a net profit of Dh290.4 million ($79 million) for the third quarter, up eight per cent compared to Dh269.3 million ($73.3 millio

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Tabreed’s net profit surges 8pc in Q3

The National Central Cooling Company (Tabreed), a leading UAE-based district cooling utility company, has registered a net profit of Dh290.4 million ($79 million) for the third quarter, up eight per cent compared to Dh269.3 million ($73.3 millio

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Tabreed’s net profit surges 8pc in Q3

The National Central Cooling Company (Tabreed), a leading UAE-based district cooling utility company, has registered a net profit of Dh290.4 million ($79 million) for the third quarter, up eight per cent compared to Dh269.3 million ($73.3 millio

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Bahrain Duty Free 9-month profits rise 9.1pc to $15.5m

Bahrain Duty Free has achieved a net profit of $15.5 million for the nine months ended September 30 2017, representing an increase of 9.1 per cent compared to the same period last year.   The financial results we

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