Bank of Bahrain and Kuwait (BBK) has reported a growth of 7.8 per cent in net profit at BD27.2 million ($72.14 million) for the six months ended June 30, when compared with BD25.2 million for the corresponding pe
Bahrain Duty Free Shop Complex achieved a net profit of BD3.562 million ($9.39 million) for the first half of the year, an increase of eight per cent compared with the same period in 2012.
Earnings per share rose to 33 fils, up fr
HSBC posted lower than expected earnings on Monday and said it might have to pay $1.6 billion in damages over a US lawsuit, reviving concerns over legacy issues and growth prospects at Europe's biggest bank.
Its shares fell mo
Dubai-based Drake & Scull, a specialist in MEP operations, recorded a net profit of Dh32 million ($8.7 million) for the second quarter (Q2) of the year, marking a 42 per cent drop in net earnings compared to Q2 2011.
It also reporte
Kuwait-based Agility, a leading global logistics provider, made a profit of KD7.82 million ($27.71 million) in the second quarter (Q2) of the year, against KD7.83 million in the same period of 2011.
Revenue and EBITDA were KD348.8 milli
Last year GCC corporates saw overall earnings growth of 26 per cent as compared to 2010. Total earnings came in at $52.3 billion against $54.26 billion in 2010.
Second-half earnings were driven by strong performance from commodity companie
Appearance and success in the business world have strong ties, according to a study which highlighted that ambition, leadership and competence are not the only driving factors to become CEO.
A “corporate beauty contest” staged by Duke Univ
Forty per cent of women in the Middle East feel they receive less pay than their male counterparts and have a slimmer chance of promotion, according to a new poll by leading Middle East employment website Bayt.com.
The Women in the Middle
Barwa Real Estate, a leading developer in Qatar, has posted a net profit increase of 154 per cent in 2009, buoyed by an increase in rent revenues, revaluation of properties and the acquisition of an investment firm, it said on Monday.