Thursday 25 August 2016
 
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turnover

Nass achieves 20pc increase in turnover

Nass Corporation achieved a 20 per cent increase in gross turnover last year at BD99.284 million ($261.4 million) when compared with BD83.026 million for 2014, said a report in the Gulf Daily News (GDN), our sister publication.

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Al Rashid Group eyes turnover of $265m by 2017

Bahrain-based retail major Al Rashid Group (ARG), the local partner of the $6 billion Landmark Group of Dubai, is targeting a turnover of BD100 million ($265 million) by 2017, its chief operating officer Vikas Attri said. He was talking to the

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Pinsent Masons posts $571m turnover, up 12pc

International law firm Pinsent Masons has achieved a global turnover of £362.2 million ($571.2 million) for the financial year 2014-15, up 12 per cent from the previous period. The results follow a year of expansion at the f

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Saudi mid-market firms generate $232bn turnover

Saudi Arabia’s mid-market enterprises (MMEs), defined as firms with annual sales between of between $50 million to $500 million, generate $232 billion turnover, a report said. There are an estimated 1,980 MMEs, added the rep

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Falcon posts record turnover of $2.3bn

Leading alternative financier Falcon Group has recorded a turnover of $2.3 billion, surpassing its target of $2 billion for the financial year 2013-14. Its profits also increased to $52 million, up from $44 million in the previous

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Employee turnover ‘increasing in Saudi’

Nearly 33 per cent of Saudi nationals are likely to leave their employer in the next three years, a report said, highlighting key criteria in attracting and retaining employees. A survey conducted by global HR consulting firm Merc

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Nakheel targets 15pc rise in annual profit

Dubai property developer Nakheel is a targeting a 15 percent increase in annual profit in 2014 as it launches new projects and expands its leasing income, the firm's chairman said on Wednesday. Government-run Nakheel agreed a

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Gulf Dynamic Services targets 30pc growth

Sharjah-based Gulf Dynamic Services (GDS), a leader in turnkey interior fit-out solutions, is targeting 30 per cent year-on-year growth in turnover during 2014, said its general manager. The company, a subsidiary of Masharie, the

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Saudi 'Top 100' turnover surges 40pc

The turnover of the "Top 100" Saudi Arabian companies rose by 40 per cent to SR676 billion ($180.2 billion) this year from SR484 billion in 2009, said a report. Their total assets too increased by 35 per cent to SR3.1 tr

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BFX completes six months of record trading

The Bahrain Financial Exchange (BFX), the first multi-asset international financial exchange in the Mena region, has successfully completed six months of trading on the BFX Futures markets. Announcing this on Tuesday, the exchange sai

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