Tuesday 19 March 2024
 
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Saudi Jabal Omar swings to Q3 net profit

Jabal Omar Development Company (JODC), a leading real estate development company in the region, has reported a net profit of SR192.3 million ($51.1 million) for the first nine months of 2018, compared to a net loss of SR600 million ($159.7 milli

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ME carriers forecast to post $800m profit in 2019

Middle Eastern carriers are expected to report $800 million net profits in 2019, up from an expected weaker $600 million in 2018,  said a report by the International Air Transport Association (IATA).   The g

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Nakheel records $1.05bn nine-month net profit

Leading UAE master developer Nakheel has registered a net profit of Dh3.86 billion ($1.05 billion) for the first nine months compared to the last year's figures of Dh4 billion ($1.08 billion). Announcing the results, Nakheel s

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Shuaa Capital posts 30pc jump in Q3 net profit

Dubai-based Shuaa Capital, a leading financial services provider, has registered a net profit of Dh30.1 million ($8.2 million) for the third quarter, up 31 per cent over the same period last year. It is the group’s highest quarterly figure

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Shuaa Capital posts 30pc jump in Q3 net profit

Dubai-based Shuaa Capital, a leading financial services provider, has registered a net profit of Dh30.1 million ($8.2 million) for the third quarter, up 31 per cent over the same period last year. It is the group’s highest quarterly figure

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Seef Properties' Q3 net profit down 2.5pc

Seef Properties, the leading integrated real estate development company in Bahrain, has registered a net profit attributable to the shareholders of the parent of BD2.57 million ($6.78 million) for the third quarter, down 2.5 per cent over BD2.64

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Emaar Malls net profit surges 9pc to $446m

Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has recorded a 9 per cent growth in its net profit for the first nine months which surged to Dh1.639 billion ($446 million), compared to the Dh1.507 billion

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Emaar Malls net profit surges 9pc to $446m

Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has recorded a 9 per cent growth in its net profit for the first nine months which surged to Dh1.639 billion ($446 million), compared to the Dh1.507 billion

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Bank ABC reports 5pc growth in net profit

Bank ABC (Arab Banking Corporation) reported a consolidated net profit, attributable to the shareholders of the parent, of $159 million for the first nine of 2018, a 5 per cent increase compared to $151 million reported for the same period in th

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Equate Group achieves $406m net profit in Q3

Equate Group, a global petrochemical producer, has achieved $406 million in net profit in the third quarter of 2018, reflecting an increase of 22 per cent from the same period in 2017. The company’s revenue for the quarter w

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