Bahrain Kuwait Insurance Company (BKIC) has posted a net profit of BD3.7 million ($9.7 million) for the period ending on September 30 this year, an increase of 30 per cent over BD2.8 million achieved in the same period last year.
Gulf International Bank (GIB) has reported consolidated net income after tax of $72.7 million for the nine months ended September 30 this year, compared with $101.5 million in the prior year period.
The prior year income included
Last month was the sunniest and third hottest September Bahrain has experienced since records began.
The average temperature for the month was 33.9C, which is 1.5C higher than usual for this time of year, said a report in the
Al Etihad Credit Bureau is set to issue consumer credit report to financial institutions which have submitted historical credit data to the bureau, from the beginning of September.
The credit reports will include records about con
Luxury automotive manufacturer Jaguar Land Rover has recorded a 38 per cent sales increase up to September this year in the Mena region, as compared to the same period last year.
Land Rover sales for the period were up 40 per cent
Emirates NBD, a UAE-based bank, has posted a net profit of Dh2.6 billion ($707.8 million) for the nine months ended September 30, up 34 per cent as compared to the same period last year.
The net profit for the third quarter was Dh
British luxury automobiles manufacturer Bentley Motors has recorded a nine per cent increase in global customer deliveries in September against the same period in 2012.
The Middle East and Europe market posted impressive gains, dr
AirAsia X Berhad, a Malaysia-based long-haul budget carrier, is set to launch flights to two new destinations - Colombo (Sri Lanka) and Male (Maldives).
AirAsia X will commence its first of four weekly flights into Bandaranaike In
Industry experts will gather to discuss key issues related to reservoir and geoscience disciplines at a conference to be held in Abu Dhabi.
The 2013 SPE Reservoir Characterisation and Simulation Conference (RCSC), under the theme