Tuesday 4 August 2015
 
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DGCX records 11pc growth in trading volumes

Dubai Gold and Commodities Exchange (DGCX) has registered a 11  per cent growth in year-to-date volumes, with ore than 7. 5 million contracts.   The exchange also recorded the highest average monthly open in

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Qatar's population up 9pc to 2.3m

Qatar’s population rose nine per cent to about 2.34 million as in June this year, compared to 2.15 million last year, according to a report.   The Ministry of Development Planning and Statistics, pointed ou

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Honda net profit up 20pc

Honda Motor Company said its quarterly net profit jumped 20 per cent, beating estimates, as strong sales in the US and a weak yen helped it absorb the impact of higher quality-related costs. April-June net profit at Japan's th

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Honda net profit up 20pc

Honda Motor Company said its quarterly net profit jumped 20 per cent, beating estimates, as strong sales in the US and a weak yen helped it absorb the impact of higher quality-related costs. April-June net profit at Japan's th

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BisB posts 105pc rise in net income to $21m

Bahrain Islamic Bank (BisB) has posted an increase of 105 per cent in net income for the first six months of the year at BD8.2 million ($21.75 million), compared with BD4 million for the same period last year,  said a report in the Gulf

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NBAD Q2 net profit edges up to $393m

National Bank of Abu Dhabi (NBAD) has reported net profits of Dh1.44 billion ($393.5 million) in the second quarter of the year, up one per cent year-over-year. The net profits for the first half of the year were Dh2.86 billion, u

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ADIB net profit increases 10.5pc to $136m in Q2

Abu Dhabi Islamic Bank (ADIB), a tier one financial services company, has reported a net profit of Dh502.6 million ($136.7 million) for the second quarter of the year, a 10.5 per cent increase from the same period last year. The n

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Infosys business revamp bolsters profit

Indian IT services provider Infosys said a business revamp initiated by its first non-founder boss helped it win more large deals in the first quarter, fuelling a five per cent rise in net profit. Shares of Infosys surged 11 per c

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Iran's possible oil production response post-sanctions

Iran could increase its oil production by up to one million barrels per day within 12 months of sanctions being lifted, provided it can find buyers for the crude. In 2014, the country produced an average of just over 1,350 barrels

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GWC posts 30pc rise in net profit for H1

Qatar-based Gulf Warehousing Company (GWC), a leading logistics provider, has reported a 30 per cent increase in net profit during the first half of 2015, in comparison to the same period last year. The company reported QR87.7 mil

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