Tuesday 21 April 2015
 
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increase

Mashreq's gains surge 13pc as income increases

Mashreq, Dubai's third-biggest bank by assets, has posted a 13.2 per cent rise in first-quarter net profit as an increase in income from lending helped to offset a slight dip in returns from fees. It is the second bank in the

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NBB net profit rises to $45m, up 2.4pc

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. The financia

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Workz launches double-strength scratch card

Workz, a leading provider of secure print products, packaging, logistics and supply chain services, has launched its new MacWhite scratch card which offers a 100 per cent increase in durability, greater protection against fraud and enhanced PIN

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GPIC records 4pc production surge

Bahrain's Gulf Petrochemical Industries Company (GPIC) has registered a four per cent increase in production in the first quarter of the year, with total production of ammonia, urea and methanol amounting to 255,000 tonnes. Co

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GPIC records 4pc production surge

Bahrain's Gulf Petrochemical Industries Company (GPIC) has registered a four per cent increase in production in the first quarter of the year, with total production of ammonia, urea and methanol amounting to 255,000 tonnes. Co

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Jeddah real estate value is expected to increase: survey

The majority of Saudi Arabians believe that real estate rates in Jeddah will not only hold value, but keep going up at least for the next two years, according to a recent survey. The survey conducted by YouGov and commissioned by

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Bahrain increases industrial use gas prices

Companies will pay more for gas from today (April 1), the National Oil and Gas Authority (Noga) announced yesterday. Readjusted diesel prices were given the green light by Bahrain’s Cabinet at its weekly session on January 1

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QTA warns hotels against increasing prices

Qatar Tourism Authority (QTA) has issued a warning to hotels in the country against attempts to increase prices exorbitantly to cash in on the increased inflow of tourist, according to a report. Some hotels had increased prices by

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Demand for HVAC equipment to reach $20.4bn

The demand for heating, ventilating, and air conditioning (HVAC) equipment in the US is forecast to increase 6.8 per cent annually through 2019 to $20.4 billion, recording gains over twice the rate of the 2009-2014 period, according to a new stu

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Card data threat increases as online payments grow

Leading experts in card data security have urged the regional payment industries to come together to tackle an increased threat to the integrity of card data as online and mobile payments grow in the Middle East and North Africa region.

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