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SICO posts $2.7m net profitSecurities & Investment Company (SICO) has reported a net profit of BD1.02 million ($2.7 million) for the first quarter of this year, compared to BD1.58 million in the same period last year. The Bahrain-based regional investme More… |
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SICO equity funds win top Mena gradingBahrain-based regional investment bank Securities and Investment Company (SICO) said all five of its equity funds received the highest grading in the Mena region from Standard & Poor's Capital IQ. In its 12-month review co More… |
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Sico approves $5.6m cash dividendsBahrain-based regionally-focused investment bank Securities & Investment Company (SICO) said its shareholders have approved cash dividend of BD2.137 million ($5.67 million), representing five per cent of paid-up capital. The a More… |
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Sico net profit grows five-fold in 2012Bahrain-based regional investment bank Securities and Investment Company (Sico) put up a soild performance in 2012 registering a five-fold increase in its net profit for the year which hit BD2.74 million ($7.2 million) compared to BD488,000 the More… |
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Sico swings to Q3 net profit of $1.4mBahrain-based Securities and Investment Company (Sico) earned a net profit of BD538,000 ($1.4 million) for the third quarter of the year, a positive improvement on its loss of BD863,000 for the corresponding period in 2011. For th More… |
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GCC firms’ Q2 profits hit $11.6 billionGCC-listed companies announced aggregate profits of $11.6 billion for the second quarter of this year, falling marginally short of analysts' estimate of $12 billion, said a report. The shortfall was led mainly by Kuwaiti firms More… |
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GCC firms' Q1 profit surges to $14bnListed companies in the GCC posted a cumulative first-quarter profit of $14.1 billion, marking a 12 per cent year-on-year increase compared with a profit of $12.6 billion for the first quarter of 2011, a report said. Fifty-six per cent of More… |
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UAE banks ‘to see slow but sustainable growth’The banking sector in the UAE will experience slower but more sustainable growth due to tough central bank regulations aimed at controlling excessive lending, SICO Investment Bank said. 'A retail lending cap intended to lower retail cl More… |
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Sico transaction volume hits 32pc in 2011Bahrain-based regional investment bank Securities and Investment Company (Sico) handled 32.45 per cent of all transactions on the Bahrain Bourse in 2011, 31.9 per cent by total market volume and 38.63 per cent by total value traded. With t More… |
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SICO swings to $3.6m Q1 net profitBahrain-based Securities & Investment Company (SICO) earned a net profit of BD1.351 million ($3.6 million) for the first quarter of 2012, compared with a loss of BD627,000 in the first three months of last year. The company remains foc More… |
