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Abu Dhabi carrier cuts losses in 2017Etihad Airways today announced its financial results for 2017, showing increased revenues and shrinking losses - the result of a strategic review of its global business. In a statement released by Etihad, it reported a 1.9 per cen More… |
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GPIC achieves key Q3 targetsBahrain-based Gulf Petrochemical Industries Company (GPIC) has achieved targeted results for the third quarter of the year in spite of the extremely harsh temperatures during the summer. In a statement, company president Dr Abdulr More… |
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GPIC achieves key Q3 targetsBahrain-based Gulf Petrochemical Industries Company (GPIC) has achieved targeted results for the third quarter of the year in spite of the extremely harsh temperatures during the summer. In a statement, company president Dr Abdulr More… |
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Saudi Electricity Q2 profit jumps 144pcSaudi Electricity Co (SEC) , the Gulf's largest utility firm, reported a 144 percent jump in its net profit for the second quarter on Monday, beating analysts' forecasts because of a one-time gain. It made 3.66 billion riy More… |
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Saudi Electricity Q1 net loss widens 39pcSaudi Electricity Co (SEC) reported a significant widening of its net loss for the first quarter on Sunday, as the utility saw costs increase and the value of some of its fixed assets decline. It lost 913 million riyals ($243.4 mi More… |
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DFM reports 96.7pc disclosure of annual resultsDubai Financial Market (DFM) said its UAE listed companies have shown a 96.7 percent compliance to disclose their annual results for 2013 within the three-month deadline from the end of the financial year. As m More… |
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Saudi’s Nitaqat ‘fails to achieve results’Saudi Arabia’s Shura Council members said the Labour Ministry’s Nitaqat programme has failed to achieve the desired results, according to a report. “Companies manipulate the system to give the impression that the More… |
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DFM reports 100pc disclosure of Q2 resultsDubai Financial Market (DFM) has revealed that its listed local public joint stock companies have recorded a 100 per cent compliance regarding the disclosure of Q2-2013 results within the deadline of 45 days from the end of the period. More… |
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DFM achieves 97.6pc result complianceDubai Financial Market (DFM) said its UAE-listed companies have shown a 97.6 per cent compliance to disclose their annual results within the deadline of three months from the end of the financial year. According to the Dubai bourse, 42 out More… |
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UIC posts H1 profit of $3.43mUnited Industries Company (UIC), a member of Kuwait Projects Company Group (Kipco), posted net profits of KD941,050 ($3.43 million) for the first half of 2011. Announcing these results, chairman and CEO of UIC Essa Khalid Al Essa said tha More… |
