Monday 3 August 2015
 
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Viva's H1 net profits surge $71m

Viva, Kuwait's fastest-growing telecom operator, has reported a net profit of KD21.6 million ($71.3 million) for the first half of the year, jumping 14 per cent compared to the same period last year. Total revenues reached KD1

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Barwa Bank posts 16pc increase in total assets

Qatar-based Barwa Bank has registered a record 16 per cent jump in its total assets for the first half of the year, hitting QAR41.3 billion ($11.3 billion), with a 10 per cent increase in financing assets alone to exceed QAR24.4 billion ($6.7 bi

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Agthia H1 net profit increases 20pc to $34m

Agthia Group, a top UAE-based F&B company, reported that its net profit for the first half of 2015 increased 20 per cent from the same period in 2014 to Dh125 million ($34 million), driven by higher sales and improved margins.

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Khaleeji Commercial profit rises 177pc to $11m

Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic bank, has reported an increase of 177 per cent in net profit for the first half at BD4.4 million ($11.67 million), compared with BD1.6 million for the same period last year. The profit fig

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BCFC net profit surges 18pc to $22.5m

Bahrain Commercial Facilities Company (BCFC) has posted an 18 per cent rise in consolidated net profit at BD8.5 million ($22.5 million) for the first half of the year, compared with BD7.2 million for the same period last year, reported the G

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Saudi Telecom Q2 net profit falls 8.7pc, misses estimates

Saudi Telecom Co (STC), the Gulf's biggest telecom operator by market value, blamed rising costs as it posted an 8.7 per cent fall in second-quarter profit on Wednesday to extend a profit slump and miss analyst estimates. The

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NBAD Q2 net profit edges up to $393m

National Bank of Abu Dhabi (NBAD) has reported net profits of Dh1.44 billion ($393.5 million) in the second quarter of the year, up one per cent year-over-year. The net profits for the first half of the year were Dh2.86 billion, u

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Dubai Investments posts $137m H1 profit

Dubai Investments (DI), a leading investment company listed on the Dubai Financial Market, has announced a net profit of Dh506 million ($137.73 million) for the six months ended June 30, 2015, compared to Dh806 million ($219.39 million) for

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Dubai Investments posts $137m H1 profit

Dubai Investments (DI), a leading investment company listed on the Dubai Financial Market, has announced a net profit of Dh506 million ($137.73 million) for the six months ended June 30, 2015, compared to Dh806 million ($219.39 million) for

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Al Tayyar Travel posts 8.8pc increase in Q2 net profit

Saudi Arabia's Al Tayyar Travel Group posted an 8.8 per cent rise in second-quarter net profit on Wednesday as sales grew. The company made a net profit of SR396 million ($105.6 million) in the three months to June 30, up from

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