Wednesday 1 July 2015
 
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Intertek gears up for increasing demand in food services

Intertek, a leading quality solutions provider to industries worldwide, is expecting the demand for its food services business to increase in the Gulf region during Ramadan. The increase reflects not only higher consumption during

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Intertek gears up for increasing demand in food services

Intertek, a leading quality solutions provider to industries worldwide, is expecting the demand for its food services business to increase in the Gulf region during Ramadan. The increase reflects not only higher consumption during

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Pinsent Masons posts $571m turnover, up 12pc

International law firm Pinsent Masons has achieved a global turnover of £362.2 million ($571.2 million) for the financial year 2014-15, up 12 per cent from the previous period. The results follow a year of expansion at the f

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Qalaa Q1 net loss narrows, posts 42.5pc revenue surge

Qalaa Holdings, one of Egypt's largest investment firms, has reported a first-quarter net loss after tax and minority interests of 112.2 million Egyptian pounds ($14.71 million) versus a net loss of 231.9 million pounds in the same period la

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Coffee, chocolate sales triple in Arab world

Coffee and chocolate sales have trebled in the Arab world in the past decade, with consumption having increased by 100 per cent in Saudi Arabia alone in the past three years, according to an expert. Saudi Arabian nationals spend m

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Mumtalakat gross profit surges 65pc to $477m

Bahrain Mumtalakat Holding Company, the investment arm of the kingdom, has announced that its full-year results for 2014 reflected another solid financial and operational performance across the group, constituting of 38 portfolio companies.

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BisB net profit rises 23pc to $7.9m

Bahrain Islamic Bank (BisB) has registered a net profit of BD3 million ($7.9 million) for the first quarter of this year, compared with BD2.5 million for the previous period, an increase of 23 per cent. Chairman Abdul Razak Al Qas

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Napco posts $1.8m net profit

National Aluminium Products Company (Napco), a leading extruders of aluminum profiles in the GCC, has posted net profit of RO701,000 ($1.8 million) for last year, with revenues totalling to RO19.3 million. Continuing with the mome

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Alba overall sales top $594m, up 13pc

Aluminium Bahrain (Alba), owner of one of the world's largest aluminium smelters, has increased its overall sales and output. Financial results for the first quarter of the year released yesterday show an increase in overall s

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Seef profit surges 27pc to $5.2m in Q1

Seef, previously known as Seef Properties, has reported a 27 per cent surge in net profit at BD1.99 million ($5.28 million) for the first three months of this year when compared with BD1.563 million in the same period last year. S

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