Sunday 7 February 2016
 
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Robotic surgery ‘can cut obesity’ in Bahrain

Bahrain’s obesity rate could be trimmed down by as much as 30 per cent if more people opted for robotic weight-loss surgery, according to a visiting expert. Surgical gastroenterologist and bariatric surgeon Dr Prasad Krishnan said the pr

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Vodafone Qatar to review costs after loss widens

Vodafone Qatar plans to review its costs in an effort to maintain margins, it said after reporting widening losses for a fifth straight quarter on Tuesday. The telecoms operator has yet to make a quarterly profit, more than six ye

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Tasnee swings to fourth straight loss in Q4

Saudi Arabia's National Industrialization Co (Tasnee) swung to a fourth straight quarterly loss on Thursday as it reported its earnings for the final three months of 2015.   Tasnee made a loss of SR690.2 mill

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Saudi's Ma'aden swings to net loss in Q4

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, swung to a net loss in the fourth quarter on Wednesday due to lower product prices, missing the average forecast of analysts. Ma'aden made a net loss of

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Saudi contractor Khodari swings to Q4 loss

Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari and Sons on Tuesday said it had swung to a fourth-quarter net loss as margins and revenue fell and financial charges increased. The company made a loss of SR1.04 mil

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Qalaa Q3 revenues top $259m

Qalaa Holdings (formerly Citadel Capital) has posted revenues of EGP2.051 billion ($259.6 million) for the third quarter of the year, up 19 per cent compared to the same quarter last year. On a nine-month basis, revenues climbed 3

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Drake & Scull posts Q3 net loss, plans non-core assets sale

Drake & Scull International (DSI), a major engineering and construction company based in Dubai, UAE, has reported a net loss of Dh985 million ($268 million) for the third quarter compared to a net profit of Dh21.37 million ($5.81 million) fo

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New online service ‘to cut losses’ in Bahrain

A newly launched online service in Bahrain will help prevent citizens and residents from incurring losses due to court ban after undertaking travel plans, a minister said. Justice, Islamic Affairs and Endowments Minister Shaikh Khalid bin Ali

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Flight suspensions to cost Egypt $273m a month

Egypt stands to lose E£2.2 billion ($273 million) a month in income due to Britain and Russia's decision to suspend flights to the country after the Russian plane crash in the Sinai Peninsula, Tourism Minister Hesham Zaazou said on Wed

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Taqa swings to Q3 net loss of $113m

Abu Dhabi National Energy Company (Taqa), the state-owned oil explorer and power supplier, swung to a net loss in the third-quarter, it said on Wednesday, as revenues were hit by weak oil prices. Taqa, 75 per cent owned by the gov

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