Wednesday 29 July 2015
 
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Net Profit

ABC announces $96m net profit in H1

Bahrain-based Arab Banking Corporation (ABC) reported a consolidated group net profit of $96 million for the first half of 2015, 30 per cent lower compared to a profit of $137 million reported in the first half of last year. ABC a

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Abu Dhabi Commercial Q2 profit up 21pc

Abu Dhabi Commercial Bank on Tuesday posted a 21 per cent rise in second-quarter net profit, slightly beating analysts' forecasts. The fourth largest lender by market value in the United Arab Emirates made a net profit attribu

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Warba Bank H1 profit soars record 633pc

Kuwait-based Warba Bank reported a net profit growth of 633 per cent to reach KD315,000 ($1.03 million) for the first half of 2015 compared to KD43,000 for the first six months of 2014. Total income grew by 37 per cent to reach KD

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GWC posts 30pc rise in net profit for H1

Qatar-based Gulf Warehousing Company (GWC), a leading logistics provider, has reported a 30 per cent increase in net profit during the first half of 2015, in comparison to the same period last year. The company reported QR87.7 mil

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Saudi's Ma'aden Q2 net profit falls 27pc

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, posted a 27.2 per cent fall in second-quarter net profit on Tuesday, missing analysts' forecasts. Net profit for the three months to June 30 was SAR270

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Egypt's Juhayna posts 64pc rise in Q2 net income

Juhayna Food Industries, one of Egypt's largest dairy product and juice makers, reported second-quarter net profit of E£65 million ($8.3 million), a 64 per cent increase from the same period last year. The company's

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Saudi Cement records 11.8pc fall in Q2 profit

Saudi Cement posted a 11.8 per cent fall in second-quarter net profit on Monday, missing analyst forecasts due to lower sales. The kingdom's largest cement firm by market value said in a bourse filing its net profit for the th

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Safco Q2 net profit down 6.7pc, beats estimates

Safco Q2 net profit down 6.7pc DUBAI Saudi Arabia Fertilizers Company (Safco) posted a 6.7 per cent drop in its second-quarter net profit on Sunday, although the earnings still beat analysts' forecasts.

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Safco Q2 net profit down 6.7pc, beats estimates

Safco Q2 net profit down 6.7pc DUBAI Saudi Arabia Fertilizers Company (Safco) posted a 6.7 per cent drop in its second-quarter net profit on Sunday, although the earnings still beat analysts' forecasts.

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NCB net profit edges down 2.6pc in Q2

Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, posted a 2.6 per cent fall in second-quarter net profit on Thursday, missing analysts' forecasts as fee income weakened and operating expenses rose.

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