Saturday 23 November 2024
 
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Q1 profits

QInvest posts 34pc jump in Q1 profits

QInvest, a leading private investment group in Qatar, has posted an increase of 36 per cent revenues for the first quarter to QR102 million ($28 million) and a rise of 34 per cent in net profit to QR37 million. Tamim Hamad Al-Kawa

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Al Baraka Q1 net income surges to $38m

Al Baraka Banking Group (ABG), a Bahrain-based leading Islamic bank, announced it achieved 16 per cent increase in total operating income and 13 per cent increase in net profits before tax and provisions during the first quarter the year, report

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Batelco posts $25.46m Q1 net profit

Bahrain Telecommunications Co (Batelco), a leading telecom group with operations across 14 countries, posted a 33 per cent fall in first-quarter profit on Thursday as its subscriber base and revenue both declined. Batelco made a n

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