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DIFC Investments net profit up 4pc in 2016Dubai's DIFC Investments has posted gross operational profit of $ 149 million during 2016, an increase of 4 per cent compared to the previous year. The number of active registered companies in DIFC rose to 1,648 in 2016, an in More… |
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Ithmaar shareholders review 2016 performanceIthmaar Holding (formerly Ithmaar Bank) shareholders praised the transformation witnessed in 2016 with the successful completion of a major reorganisation as well as a complete turnaround in Ithmaar’s financial performance. More… |
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Equate posts $679m net profit for 2016Kuwait-based Equate Group, a global producer of petrochemicals, has announced a total net profit of $679 million for the fiscal year ending December 31, 2016. The Equate Group combines Equate Petrochemical Company, its subsidiarie More… |
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Equate posts $679m net profit for 2016Kuwait-based Equate Group, a global producer of petrochemicals, has announced a total net profit of $679 million for the fiscal year ending December 31, 2016. The Equate Group combines Equate Petrochemical Company, its subsidiarie More… |
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NFH net profit surges 7pc to top $3.2mNational Finance House (NFH), a Bahraini incorporated finance provider, has posted a net profit of BD1.27 million ($3.26 million) for 2016, up by 7 per cent from BD1.18 million in the previous year, reported the Gulf Daily News, our sis More… |
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Dubai Islamic 2016 profit up 6pc to $1.1bnDubai Islamic Bank (DIB) has reported a net profit of Dh4.050 billion ($1.1 billion) for 2016, an increase of 6 per cent compared to Dh3.839 billion in 2015. At the Annual General Meeting (AGM) held yesterday (February 23) in Duba More… |
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Ooredoo 2016 profit rises 4pc to $603mOoredoo Group, a major telecom group based in Doha, Qatar has announced a net profit of QR2.2 billion ($603 million) for 2016, marking a 4 per cent increase over net profits accrued during the prior year. The profits were driven b More… |
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Batelco 2016 net profit hits nearly $100mBahrain-based Batelco, a major telecom group, has reported net profit of BD37.6 million ($99.7 million) during 2016, compared to BD49.5 million ($131.3 million) reported in the prior year, marking a 24 per cent year over year decline. More… |
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BNH posts net profit of $10.3m for 2016Bahrain National Holding (BNH) yesterday reported a consolidated net profit of BD3.9 million ($10.3 million) for 2016, reported the Gulf Daily News, our sister publication. To read further, please visit More… |
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Ahli United Bank profit up 6.2pc to $570mBahrain’s largest lender Ahli United Bank (AUB) has posted a net profit of $570.6 million for the year 2016, representing a growth of 6.2 per cent compared with a net profit of $537.2 million in 2015, reported the Gulf Daily News, More… |
