Saturday 25 April 2015
 
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ADCB posts $339m net profit for Q1, up 13pc

Abu Dhabi Commercial Bank (ADCB) has posted a net profit of Dh1.24 billion ($339.9 million) for the first quarter of the year, an increase of 13 per cent as compared to the same period last year. The banks operating incomes totall

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Doha Bank posts $115m net profit, up 5.2pc

Doha Bank has posted a net profit of QR420 million ($115.2 million) for the first quarter of the year, compared to QR399 million for the same period last year, an increase of 5.2 per cent. The bank’s net operating income inc

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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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