Thursday 25 December 2014
 
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GCC petrochemicals revenues hit $89bn

Petrochemicals revenues reached an all-time high last year in the Gulf Cooperation Council, hitting the $89.4-billion mark, according to a report. This was revealed in a new industry report by the Gulf Petrochemicals and Chemicals

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GCC petrochemicals revenues hit $89bn

Petrochemicals revenues reached an all-time high last year in the Gulf Cooperation Council, hitting the $89.4-billion mark, according to a report. This was revealed in a new industry report by the Gulf Petrochemicals and Chemicals

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Gulf Finance House net profit surges to $15.6m

Bahrain-based Islamic investment bank Gulf Finance House (GFH) has reported a net profit of $15.6 million for the first nine months of this year, compared with $1 million in the corresponding period last year. Total income was $12

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Bahrain real estate projects surge 70pc

Bahrain has witnessed a 60 to 70 per cent increase in real estate investment projects over the last year, an indication of a strong bounceback in the property sector, said Bahrain Real Estate Association chairman Nasser Al Ahli. H

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NBB's net profit surges 5.2pc to $112.1m

National Bank of Bahrain’s (NBB) net profit rose 5.2 per cent to BD42.16 million ($112.13 million) for the nine months ended September 30, compared with BD40.09 million for the corresponding period of the previous year. For

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BisB's net profit surges 74pc to $17m

Bahrain Islamic Bank's (BisB) net profit rose 74 per cent to BD6.6 million ($17.3 million) for the first nine months of this year, compared with BD3.8 million net profit in the same period last year. This was after deducting B

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Bahrain Bourse trading volumes surge on new initiatives

Bahrain Bourse (BHB) has seen 197 per cent increase in trading volumes and 104 per cent rise in values in the first half of the year when compared with the same period last year, a top official has said. “The increase was la

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International Rubber Company sales hit $9m in H1

International Rubber Company (IRC), a subsidiary of Masharie, the private equity arm of Dubai Investments, and a leading manufacturer of synthetic rubber profiles in the Middle East, has achieved sales of Dh34 million ($9.2 million) in the first

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Nissan Patrol's sales surge 103pc

The Nissan Patrol shattered sales records throughout the Middle East last month. The July sales for the region hit a record monthly high of 3,581 units, a substantial rise of 103 per cent on the same month in 2013, said a report i

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Bahrain’s mobile broadband users surge

Mobile broadband accounts for almost nine out of 10 Internet subscriptions in Bahrain, according to figures released by the Telecommunications Regulatory Authority (TRA). Of the 1.63 million broadband subscriptions recorded last y

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