Monday 24 September 2018
 
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2018

Maritime Standard reveals finalists for 2018 awards

The Maritime Standard Awards has announced the full list of finalists for the fifth annual awards to be held on October 15 at the Atlantis, the Palm, Dubai. Around 800 high level executives from the worlds of shipping, ports, ship

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Ithmaar Holding swings to H1 profit of $10.8m

Ithmaar Holding, a Bahrain-based financial institution, reported a net profit of $10.82 million for the six-month period ended June 30, 2018 as compared to a net loss of $1.59 million for the same period in 2017. Net profit attrib

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Ithmaar Holding swings to H1 profit of $10.8m

Ithmaar Holding, a Bahrain-based financial institution, reported a net profit of $10.82 million for the six-month period ended June 30, 2018 as compared to a net loss of $1.59 million for the same period in 2017. Net profit attrib

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GFH posts 16.7pc surge in H1 net profit to $72.5m

Bahrain-based GFH Financial Group (GFH) has reported a net profit attributable to shareholders of $72.5 million for the first half of the year representing a 16.7 per cent increase from $62.1 million in the first half of 2017. The

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Amanat H1 net profit grows 12pc to $7.6m

Amanat Holdings, a top healthcare and education investment company, has reported a net profit of Dh27.9 million ($7.6 million) in the first half (H1) of 2018, delivering double-digit growth of 12 per cent over the same period last year.

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ADX listed firms distribute $6bn cash dividends

Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, has distributed more than Dh23.4 billion ($6.37 billion) in cash dividends to around 406,000 investors on behalf of listed companies in 2018,a media report said.

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Shuaa Capital Q2 net profit up 21pc to $3.97m

Dubai-based Shuaa Capital, a leading financial services provider, has posted a net profit of Dh14.6 million ($3.97 million) for the second quarter (Q2) of the year, as compared to Dh12.1 million for Q2 2017, marking a rise of 21 per cent.

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NBK – Egypt H1 net profit surges 36pc to $55m

NBK-Egypt - a member of NBK Group – reported EGP988.8 million (equivalent to KD16.9 million or $55.2 million) in net profits for the first half (H1) of 2018, up 36.07 per cent compared to EGP726.7 million for H1 2017. Total

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Zain Group H1 net profit up 5pc to hit $287m

Zain Group, a leading telecom provider across the Middle East and Africa, has posted consolidated net income of KD86.4 million ($287 million) during the first half (H1) of the year, marking a 5 per cent year-on-year (Y-o-Y) growth.

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NBK-Bahrain H1 profit hits $144.5m, up 19.4pc

National Bank of Kuwait-Bahrain (NBK Bahrain), the branch of NBK Group in Bahrain, reported net profits of BD55 million ($144.5 million) for the first half (H1) of 2018 compared with BD46.1 million for H1 2017, a growth of 19.4 per cent.

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