National Bank of Abu Dhabi (NBAD) reported net profits of Dh1.320 billion ($359.38 million) for the third quarter of this year, flat year-over-year (y-o-y) and down 4 per cent sequentially.
During the period, strong underlying gro
Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, has reported a quarterly net profit of SR691 million ($184 million), up from a loss of SR127 million ($33.8 million) for the same period last
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE by total assets, posted a group net profit of Dh3.011 billion ($819.78 million) for the first nine months of this year, up 7 per cent compared with Dh2.801 billion for the same period
GWC, a leading logistics provider in Qatar, has reported a net profit of QR150 million ($41 million) in the third quarter of 2016, up 11 per cent over QR135 million ($37 million) for the same period last year.
Saudi-based Dar Alarkan Real Estate Development Company has posted a 21 per cent jump in its net profit for the third-quarter which rose to SR113 million ($30 million) from SR93 million ($24.7 million) over the same period last year.
Egypt-based Arabian Cement, one of the largest cement firms in the region, has reported a net profit of SR97.2 million ($26 million) in the third quarter, up 8.6 per cent over the same period in 2015.
The growth in net income was primar
McDonald’s posted a 2.9 per cent fall in revenue to $6.42 billion for the third quarter (Q3), compared to a year earlier, beating S&P Global Market Intelligence expectations of $6.28 billion as the company seeks to solidify gains from
Doha-headquartered Al Khalij Commercial Bank (al khaliji) has posted a net profit of QR425 million ($117 million) for the first nine months of the year.
Total assets grew by 6 per cent year-on-year (YOY) reaching QR58.5 billion in
Saudi Basic Industries Corp (Sabic) reported a net profit of SR5.22 billion ($1.39 billion) for the third quarter of this year, a 6.8 per cent decline compared to the same period last year.
The petrochemicals giant had reported SR
Nakheel, a leading Dubai-based developer, has registered a net profit of Dh3.91 billion ($1.06 billion) for the first nine months of this year, up 8.3 per cent over the profit of Dh3.61 billion ($982 million) for the same period last year.