Thursday 28 May 2015
 
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GFH net profit soars 140pc to $6m

GFH Financial Group said its financial results for the first quarter of this year showed another period of strong profitability and continued progress in the strengthening of its operating platform and financial position. GFH repo

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UK Conservatives return to power, Labour concedes defeat

Prime Minister David Cameron's Conservatives are set to govern Britain for another five years after an unexpectedly strong showing, but may have to grapple with renewed calls for Scottish independence after nationalists surged.

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Asian oil demand remains strong, says Naimi

Oil demand in Asia is strong and Saudi Arabia is ready to supply any more crude needed, its oil minister said on Tuesday during a visit to China, as the world's top crude exporter aims to maintain its market share. Saudi Arabi

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Strong winds, rising sand alert in Bahrain

A weather warning advising the public to take care in case of gale force winds was issued by Bahrain’s Meteorological Directorate yesterday (April 23). Strong winds and rising sand are forecast for early today, with visibili

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Alert as strong winds shroud Bahrain in dust

A weather warning remained in place for Bahrain yesterday (April 13) as heavy winds lashed the country and shrouded it in a dust haze. With just days to go before the Gulf Air Bahrain Grand Prix, visibility was poor at Bahrain Int

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Strong winds warning issued in Bahrain

Bahrain’s meteorology office has issued a warning for strong winds today (April 6). It follows last Wednesday’s dust storm that dumped large amounts of sand on Gulf countries, said a report in the Gulf Daily News (

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47 Singapore food brands at Gulfood

As many as 47 Singapore food and beverage brands, that are showcasing their products at the ongoing Gulfood 2015 in Dubai, UAE, have reported strong business interest from distributors, retailers and the Horeca industry for their mix of authenti

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47 Singapore food brands at Gulfood

As many as 47 Singapore food and beverage brands, that are showcasing their products at the ongoing Gulfood 2015 in Dubai, UAE, have reported strong business interest from distributors, retailers and the Horeca industry for their mix of authenti

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Napco posts net profits of $1.2m

National Aluminium Products Company (Napco), a leading extruders of aluminum profiles in the GCC, has posted strong performance for the first three quarters of the year, with net profits worth more than RO486,000 ($1.2 million). I

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Mideast freight market grows 9.4pc in July

The Middle Eastern freight markets expanded 9.4 per cent in July, a strong performance despite the impact of Ramadan, said the International Air Transport Association (Iata). Regional airlines are capturing growth opportunities by

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