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.
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
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
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
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.
ABC Islamic Bank has posted a net profit of $6.1 million for the first quarter of the year, a 75 per cent increase compared to the same period last year.
High profile syndications and asset churn contributed to good growth in fee
Brazil exports $1.036 billion worth of products to the Middle East and North Africa (Mena) region in March, an increase of 1.03 per cent over the same period last year, according to latest statistics.
The statistics released by Br
Ajman’s tourism revenues for the first quarter of the year was Dh90 million ($24.4 million), as compared to Dh77 million recorded over the same period last year, according to the latest tourism statistics.
The figures were r
Jordan Islamic Bank (JIB), a subsidiary of Bahrain-based Al Baraka Banking Group, has reported nine per cent growth in net profit at $16.08 million for the first quarter when compared with $14.67 million for the first quarter last year.
Budget allocation to employee allowances and benefits continues to rise across the Gulf states, according to the latest GCC Allowances and Benefits Survey conducted by Aon Hewitt, the global talent, retirement and health solutions business of Ao