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Nass posts H1 profit of $16mBahrain-based construction and industrial group Nass Corporation has posted a net profit of BD6.063 million ($16.08m) for the first half of this year. The company posted a net profit of BD7.776 million in the first half of last year. More… |
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KHCB's H1 profit tops $2.7 millionBahrain-based Khaleeji Commercial Bank (KHCB) posted a net profit of BD1.02 million ($2.7 million) for the first half of the year compared with BD7.12 million during the same period last year. The bank's commercial banking business con More… |
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UDC posts H1 profits of $97mUnited Development Company (UDC), one of Qatar's leading public shareholding firms, has posted profits of QR353 million ($97 million) for the first half of the year. “The bottom line stood at QR353 million, a 7 per cent increase from the s More… |
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Nivea owner posts 23pc rise in H1 salesBeiersdorf Middle East, trademark owners of the Nivea brand, has posted an increase of 23.4 per cent in sales during the first half of the year as against the same period of 2009. “Our results are fully in-line with expectations as we take More… |
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Lafarge Jordan Cement H1 profits falls 73pcLafarge Cement Jordan, the country's leading cement producer, posted a 73 per cent fall in first-half net profit to JD9.4 million ($13.3 million) on Tuesday, on weaker domestic sales. Sales fell 38 per cent to JD95.8 million from the previ More… |
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CBI posts record H1 profitsDubai-based Commercial Bank International (CBI) has reported a record net profit of Dh70.28 million ($19.13 million) for the first half of the year, a 3.3 per cent increase over the same period in 2009. Earnings increased 2 per cent over t More… |
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Jordinvest H1 net profits soar 189pcJordan Investment Trust (Jordinvest), a leading provider of merchant and investment services, has posted net profits of JD1,490,036 ($2.1 million) for the first half of 2010, a 189 per cent increase from results during the same period last year. More… |
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Mobinil’s H1 net profit falls 18pcMobinil, the leading mobile services provider in Egypt, has posted a decline of 18 per cent in its net profit of EGP737 million ($129.2 million) for the first half of the year compared to EGP902 million during the same period last year. On More… |
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Jordan Steel profit plunges 65pcJordan's top steel producer Jordan Steel posted a 65 per cent drop in first-half net profit to JD2 million ($2.8 million), financial statements released on Thursday showed. For the second quarter, Jordan Steel posted a loss of JD462,88 More… |
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Ford ME posts 31pc rise in H1 salesFord Middle East has recorded a GCC-wide sales growth of 31 per cent during the first six months of 2010 over the same period last year. SUVs and trucks led the surge with 46 per cent increases, while cars posted 18 per cent growth in sale More… |
