Wednesday 17 September 2014
 
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Bahrain businesses vow day's income for Gazans

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

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Bahrain Duty Free posts 12pc decline in profit

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

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Top UN human development rank for Bahrain

Bahrain has been ranked in the top 25 per cent of countries around the world in a United Nations (UN) report documenting health, education and income.   The country was place

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Gulf International bank income hits $50.2m

Gulf International Bank (GIB) has reported consolidated net income after tax of $50.2 million for the six months ended June 30 this year, compared with $60.6 million in the prior year period.

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Alba posts net income of $86m in H1

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

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Morgan Stanley's income soars to $1.86bn

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.  

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Saudi Hollandi Q2 net jumps 28pc

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

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GIB net income surges 9.8pc to $29m

Gulf International Bank (GIB) reported consolidated net income after tax of $29.1 million for the first quarter of this year, a 9.8 per cent increase over the same period last year. Total income at $67.1 million was $3 million or

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Mubadala income triples to $1.44 billion

Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, tripled its total comprehensive income in 2013 to Dh5.3 billion ($1.44 billion), compared to Dh 1.6 billion in 2012.     

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Citigroup's net income surges to $4.5bn

Citigroup posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high. First-quarter adjusted net income

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