Menatelecom, a fully-owned subsidiary of Kuwait Finance House - Bahrain, has been appointed provider of choice by Seef Properties.
Under the partnership, Menatelecom will use its 4G LTE network to provide free high-speed Internet
Bahrain-based Seef Properties has reported 5.3 per cent increase in net profit at BD1.56 million ($4.14 million) for the first quarter, compared with BD1.48 million for the same period last year.
Seef Properties chairman Essa Moha
Bahrain-based Seef Properties has registered a 21 per cent increase in its net profits for 2013 which rose to BD10.02 million ($26.57 million) compared to BD8.27 million the previous year, said a report.
Impressed with the results
Bahrain’s Seef Properties posted a 3.33 per cent increase in consolidated net profit at BD3.31 million ($8.78 million) for the first half of this year, compared with BD3.20 million for the same period last year.
The firm has
Bahrain-based Seef Properties has reported an operating profit of BD2.85 million ($7.5 million) in the first quarter, up 3.78 per cent compared to BD2.75 for the same period last year.
Announcing the consolidated financial results
Bahrain-based Seef Properties has appointed Essa Najibi as its new chairman and Saqer Shaheen as the vice-chairman, said a report.
In addition the board elected chairmen and members of the following committees.
Bahrain-based Seef Properties said its shareholders have approved a nine per cent cash distribution and an allocation of BD830,000 ($2.2 million) to the statutory reserve for last year.
In a statement issued after the annual gener
Bahrain-based Seef Properties has reported a jump in its annual operating income to BD11.9 million from BD9.8 million in 2011, an increase of BD2.1 million representing 21.4 per cent rise.
The company's assets also grew from B
Bahrain’s leading property company Seef Properties said it has donated a mini bus to Bahrain Deaf Society as part of its corporate social responsibility (CSR) Program.
It is an initiative driven by the company’s charit