Monday 26 February 2018
 
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Net Profit

Seef Properties posts $29m in net profit

Seef Properties, a leading integrated real estate company in Bahrain, has posted a net profit of BD11.06 million ($29.2 million) for 2017, compared to BD11.04 million the previous year thanks to its strategy focusing on real estate diversificati

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Kuwait Styrene reports $94m net profit for 2017

The Kuwait Styrene Company (TKSC), the only producer of styrene monomer in Kuwait, has reported a net profit of $94 million for the fiscal year ending in December 31, 2017. Adel Al-Munifi, chief executive officer, TKSC, said: &ldq

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Kuwait Styrene reports $94m net profit for 2017

The Kuwait Styrene Company (TKSC), the only producer of styrene monomer in Kuwait, has reported a net profit of $94 million for the fiscal year ending in December 31, 2017. Adel Al-Munifi, chief executive officer, TKSC, said: &ldq

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Aramex 2017 revenue up 9pc to $1.28bn

Aramex, a leading global logistics provider, has posted revenues of Dh4.721 billion ($1.28 billion) for 2017; up by 9 per cent compared to Dh4.343 billion in 2016. Aramex’s Q4 2017 revenues registered double-digit growth of

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Zain 2017 net profit up 2pc to $527m

Zain Group, a leading mobile telecom operator across the region, has posted a consolidated net profit of KD160 million ($527 million) for 2017, reflecting an increase of two per cent over the previous year. This marks earnings per

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ADCB's 2017 net profit surges to $1.16bn

Abu Dhabi Commercial Bank (ADCB) has registered a full year net profit of Dh4.28 billion ($1.16 billion) for 2017, up three per cent over the same period the year before. Announcing the financial results for the year ended Decembe

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Sabic posts 18.6pc fall in Q4 net profit

Sabic has posted a net profit of SR3.67 billion ($977 million) for the fourth quarter of 2017 compared to SR4.51 billion for the same quarter in 2016, reflecting a decrease of 18.63 per cent. Gross profit for the fourth quarter am

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Investment Corp of Dubai H1 profit hits $2.8bn

Investment Corporation of Dubai (ICD) has announced its consolidated financial results for the six month period ended 30 June 2017 having achieved revenues of Dh93.2 billion ($25.3 billion) and net profit of Dh10.3 billion ($2.8 billion).

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EFG Hermes Q3 profit surges 476pc to top $13m

EFG Hermes, a leading financial services corporation in Mena, posted a net profit of EGP237 million ($13.4 million) after tax and minority interest for the third quarter (Q3) of the year, marking an increase of 476 per cent. The G

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Sodic 9-month net profit up 98pc to $28m

Egypt-based Sodic (Sixth of October Development & Investment Company) has posted a net profit of EGP507 million ($28.7 million) up 98 per cent year-on-year (YoY) for the first nine months of the year. Net profit margin came in

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