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Toyota GCC sales up 23pc in Q1Toyota 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 More… |
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Dubai Metro carries 33.3m commuters in Q1Dubai 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 More… |
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TMG first-quarter net profit falls 19.8pcEgyptian property developer Talaat Moustafa Group (TMG) said net profit in the first quarter of 2013 fell 19.8 percent to 139.4 million Egyptian pounds ($20 million). TMG's profit for the first quarter of 2012 was 173.7 millio More… |
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Batelco first-quarter net profit falls 17pcBahrain-based Batelco Group, a leading telecom company, made a net profit of BD13.4 million ($35.5 million) in the first quarter of the year, down from BD16.1 million during the same period in 2012, marking a drop of 17 per cent. More… |
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Al Baraka Q1 net profit up 15pcBahrain-based Islamic lender Al Baraka Banking Group posted a 15-percent increase in first-quarter net income, the bank said on Sunday. Al Baraka, which has operations across the Middle East, Asia and Africa, said first-quarter ne More… |
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Renault Mideast Q1 sales up 18pcRenault Middle East has reported sales of 3,847 units for GCC, Iraq and the Levant, marking an increase of 18 per cent during the first quarter (Q1) of the year as against figures for the same period last year. With Iran operation More… |
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Milaha’s first-quarter profits hit $94mQatar Navigation (Milaha) has posted a net profit of QR344.6 million ($94.57 million) for the three months of 2013, as against QR283.7 million for the same period last year, marking an increase of 21 per cent. Operating revenues f More… |
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Arabtec reports 20pc rise in Q1 revenueDubai-based Arabtec, a major contractor specialising in complex projects, posted a 20 per cent rise in revenue during the first quarter of 2013 to Dh1.55 billion ($421.8 million), driven largely by strong performance in Saudi Arabia and Qatar op More… |
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United Real Estate posts $7m Q1 profitKuwait-based United Real Estate Company (URC), a leading real estate developer in the Middle East, has achieved a net profit of $7 million for the three months ending March 31. URC‘s gross profit for the first quarter of 201 More… |
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Drake & Scull Q1 profit surges 47pc to $17mDrake & Scull International (DSI), a leader in engineering and construction, posted a net profit of Dh63 million ($17.14 million) for the first quarter of the year, representing an increase of 47 per cent compared to the same period in 2012. More… |
