Sunday 31 July 2016
 
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Saudi's Kingdom Holding Q2 net profit falls 22pc

Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 22 per cent fall in second-quarter net profit on Thursday as income from associates and dividends declined. The inves

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Al Tayyar Travel Group Q2 net profit falls 24.2pc

Saudi Arabia's Al Tayyar Travel Group posted a 24.2 per cent fall in second-quarter net profit on Wednesday. The company made a net profit of SR300 million ($80 million) in the three months to June 30, down from SR396 million

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Air Arabia Q1 net profit jumps 34pc

Air Arabia has reported a net profit of Dh114 million ($31 million) for the first three months of the year, up 34 per cent on the corresponding 2015 figure of Dh85 million ($23.1 million). In the same period, the airline posted a

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Seera swings to $2.8m net profit

Seera Investment Bank, a Bahrain-based sharia-compliant investment bank, has swung to a net profit of $2.8 million for the year ended December 31, from a loss of $52.3 million in 2014, said a report in the Gulf Daily News (GDN), our s

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Reem Investments posts $57m net profit

Reem Investments, a leading investment company in Abu Dhabi, has posted a net profit of Dh211 million ($57.4 million) for the financial year 2015.   It was announced at the recently concluded annual general meeti

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NBK-Egypt posts $64m net profit, up 53pc

National Bank of Kuwait-Egypt, the subsidiary of National Bank of Kuwait Group (NBK) in Egypt, has reported a net profit of EGP575.6 million ($64.5 million) for last year compared to EGP375.5 million in 2014, an increase of 53.3 per cent year-

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Gulf General Investment posts $5.4m net profit

Diversified conglomerate Gulf General Investment Co (GGICO) has reported a net profit of Dh20 million ($5.4 million) for last year, as compared to Dh97 million in the previous year.   Mohamed Abdalla Juma Al Sari

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​​​​​​Solidarity General Takaful posts 11.5pc profit growth

Solidarity General Takaful, a subsidiary of Solidarity Group Holding, has reported a net profit of $1.5 million last year, as compared to $1.4 million in 2014, a 11.5 per cent increase.   SGT also announced seven

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Shell Oman posts $36m net profit

Shell Oman Marketing Company has recorded a net profit of RO14.18 million ($36.7 million) for last year, as compared to RO12.28 million registered in the previous year.   The earnings per share (EPS) were 15.5 pe

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Amanat posts $13m net profit

Amanat Holdings, a leading integrated healthcare and education company, has posted a net profit of Dh50.6 million ($13.7 million) for the period since its inception in November 2014 to December 31 last year.   It

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