Saturday 1 November 2014
 
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Third quarter

AirAsia X posts 40pc passenger growth in Q3

Malaysia-based AirAsia X, the long-haul, low fare airline, carried around 640,000 passengers in the third quarter of 2012, representing growth of 40.7 per cent over the same quarter in 2011 for continuing routes.  AirAsia X a

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Sico swings to Q3 net profit of $1.4m

Bahrain-based Securities and Investment Company (Sico) earned a net profit of BD538,000 ($1.4 million) for the third quarter of the year, a positive improvement on its loss of BD863,000 for the corresponding period in 2011. For th

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Gulf Finance House Q3 net profit drops

Bahrain-based investment firm Gulf Finance House (GFH) said on Sunday its third-quarter net profit nearly halved from a year earlier. The sharia-compliant investment house, heavily impacted by the global debt crisis, said in a sta

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Kipco Q3 net profit down 7pc to $23.4m

Kuwait Projects Company (Kipco) made KD6.6 million ($23.4 million) in the third quarter of 2012, versus KD7.1 million in the same period last year, marking a drop of 7 per cent, it said in a statement on Monday. Net profit for the count

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Dubai Islamic Bank Q3 net profit flat

Dubai Islamic Bank (DIB), the emirate's largest sharia-compliant lender, reported a flat third-quarter net profit on Sunday, beating analysts' forecasts. The bank made Dh298.5 million ($81.3 million) in the three months to Septe

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ADCB's Q3 profit dips 3pc, misses forecast

Abu Dhabi Commercial Bank , a majority state-owned bank, posted a 3-per cent decline in third-quarter net profit on Thursday, missing analysts' expectations, as non-interest income fell and bad loan allowances rose slightly. T

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Gulf Bank Q3 net profit rises 5.6pc

Gulf Bank, Kuwait's fourth-largest lender by market value, reported a 5.6 percent rise in third-quarter net profit, the bank said in a bourse filing on Tuesday. Net profit for the three months ending September 30 was KD9.62 mi

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Samsung's Galaxy phones drive record $7.3bn profit

Samsung Electronics reported a record quarterly profit of $7.3 billion, nearly double last year's figure on strong sales of high-end TVs and Galaxy smartphones. Most analysts, however, expect a run of four straight record quar

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Citadel narrows Q3 losses on cost cutting

Egyptian private equity firm Citadel Capital said on Sunday it narrowed third quarter losses by 30 per cent in 2011 despite a challenging local and regional environment. The company said it made a standalone net loss of 20.7 million Egypt

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Mercedes-Benz Q3 sales up 42pc in Oman

Zawawi Trading Company (ZTC), the authorized distributor for Mercedes-Benz in Oman, has posted a rise of 42 per cent in sales of the German automaker’s vehicles during the third quarter of the year on the same period in 2010. ZTC launched

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