US economic growth braked sharply to its slowest pace in two years as consumer spending softened and a strong dollar continued to undercut exports, but a pick-up in activity is anticipated given a buoyant labour market.
The Boeing Company, a leading aircraft manufacturer, has reported a 38 per cent jump in its net income for the first quarter which soared to $1.3 billion from $965 million last year.
The aviation giant also reported an eight per cent in
National Bank of Bahrain has posted an increase of 2.4 per cent in net profit at BD17.02 million ($45.27 million) for the first quarter, compared with BD16.62 million for the corresponding period of the previous year.
Bank of Bahrain and Kuwait (BBK) has reported six per cent rise in net profit at BD14.9 million ($39.52 million) for the first quarter of this year, compared with BD14 million in the same period last year.
Earnings per share for t
International Business Machines Corp reported a loss in the 12th straight quarter as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives.
International Business Machines Corp re
al khaliji (KCBK)has reported net profit of QR109 million ($29.9 million) for the first quarter of the year, compared to QR131.5 million for the same period in 2013, marking a fall of 17.1 per cent.
Loans and advances grew by 11 p
Vodafone Qatar, an affiliate of Vodafone Group, said on Thursday its first-quarter loss narrowed and named a new chairman of its board.
Vodafone, which ended Qatar Telecom's (Qtel) domestic monopoly in 2009, made a first-quart
Kuwait-based Qurain Petrochemical Industries Company (QPIC) posted a net profit of KD4.15 million ($14.5 miilion) for the first quarter of the financial year ended June 30, as compared to KD124,840 made in the same period last year.
Toyota sold 158,223 units in the GCC in the first quarter of the year, marking a 23 per cent increase in sales as compared to the same period in 2012 as well as a 39.6 per cent market share.
This first quarter growth in the GCC fo
Dubai Metro transported more than 33.3 million commuters both Red and Green lines during the first quarter of the year, indicating a significant increase in figures compared to the same period last year.
Adnan Al Hammadi, chief ex