Lebanese lender Bank Audi's net profit in the first nine months of the year was up 7.1 per cent at $280 million, it said on Thursday.
The bank said in a statement that the increase came after the allocation of $71 million of n
UAE’s utility Tabreed reported a 28 per cent rise in third-quarter net profit on Thursday as revenue increased and it cut finance costs.
The Dubai-listed firm made a net profit of Dh95.86 million ($26.1 million) in the three
Kuwait Finance House (KFH), a leading Islamic lender, reported a 10 per cent fall in third-quarter net profit on Thursday, in line with analysts' forecasts.
The net profit dropped to KD35.5 million ($122.7 million) in the thre
Kuwait-based Jazeera Airways Group today announced a record net profit of KD8.1 million ($28 million) for the third quarter of this year, up 22.6 per cent from KD6.6 million ($22.82 million) during the same period in 2013, making it the company&
Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari Sons has reported a 23.1 per cent rise in its third-quarter net profit in line with analysts' estimates.
The company made a profit of SR15 million ($4 mill
Bank of Bahrain and Kuwait (BBK) has reported a net profit of BD37.3 million ($98.2 million) for the nine months ended September 30 this year, representing an eight per cent increase over the same period of last year.
British engineer Rolls-Royce warned on Friday that deteriorating economic conditions meant its profit would not rise next year as previously forecast, sending its shares plunging as much as 16 per cent.
Rolls-Royce said the market
Riyad Bank, Saudi Arabia's third-largest listed lender by assets, posted a 7.8 per cent rise in its third-quarter net profit on Tuesday, in line with analysts' average forecast.
The bank said it made 1.08 billion riyals ($
Raysut Cement missed analysts' expectations despite reporting a 17.8 per cent increase in quarterly net profit after tax on Tuesday, according to Reuters calculations.
One of the sultanate's largest producers of cement mad
Banque Saudi Fransi, the lender part-owned by Credit Agricole, posted a 35.2 per cent rise in its third-quarter net profit, according to a bourse statement on Monday, beating analyst forecasts.
The kingdom's fourth-largest lis