Saudi Arabia-based Red Sea Housing Services Company (RSH) has registered a 16.6 per cent growth in its net income for the nine-month period which hit SR127.4 million ($34 million) compared to SR109.3 ($29 million) last year.
Gulf International Bank (GIB) has reported consolidated net income after tax of $72.7 million for the nine months ended September 30 this year, compared with $101.5 million in the prior year period.
The prior year income included
Saudi British Bank (SABB) , the kingdom's fifth-largest listed lender by assets, posted a 25.2 per cent rise in third-quarter net profit on Thursday, in line with analysts' forecasts as operating income increased.
Business across Bahrain have pledged to donate a day's revenue as part of a humanitarian campaign to raise funds for the besieged population of Gaza.
Private clinics and health centres make up the majority of participants - wi
Bahrain Duty Free Shop Complex has reported a 12.7 per cent decline in net profit at $4.4 million for the second quarter ended June 30, when compared with the figure for the same quarter last year.
This is due to reduced income from one
Alba's total sales for the first six months of this year were BD376.4 million ($1.001 billion) versus $1.018 billion in the corresponding period last year, on the back of higher premium partially offset by lo
Morgan Stanley's second-quarter income more than doubled, helped by rising revenue in its retail brokerage business as it won more assets to manage from clients without adding brokers, the investment bank said yesterday.
Saudi Hollandi Bank posted a 28.1 per cent increase in second-quarter net profit on Sunday, boosted by higher operating income.
The kingdom's oldest bank and its seventh-largest listed lender by assets made a net profit of 480