Tuesday 21 April 2015
 
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Emaar's Egypt unit reports big profit jump

Emaar Misr, the Egyptian arm of Dubai developer Emaar Properties, on Sunday reported a big jump in first-quarter profits, supported by strong revenue growth. The subsidiary of Dubai's largest real estate developer said profits

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Oman cement Q1 net profit up 3.7pc

Oman Cement, one of the sultanate's largest cement firms, has reported a 3.7 per cent rise in first-quarter net profit, beating analyst forecasts. The company made a net profit of RO3.83 million ($9.95 million) in three months

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Kuwait Finance House Q1 profit up 14.6pc

Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 14.6 per cent rise in first-quarter net profit on Wednesday, but still fell short of analysts' forecasts. Net profit rose to KD29.9 million ($99.

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Emaar Properties eyes $1bn profit for 2015

Dubai's Emaar Properties forecast a 2015 net profit of Dh3.695 billion ($1.01 billion), according to a presentation at the developer's annual shareholder meeting. This is higher than the Dh3.366 billion average forecast fo

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Saudi Cement Q1 profit surges 6pc

Saudi Cement has reported a 5.9 per cent increase in first-quarter net profit on Tuesday, beating analyst forecasts, as higher exports boosted its earnings. The kingdom's largest cement company by market value said in a bourse

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Samba Q1 net profit up 3pc

Samba Financial Group, Saudi Arabia's third-largest bank by assets, posted a 3.1 per cent rise in its first-quarter net profit, according to a bourse statement on Monday, ahead of analyst forecasts. The bank said it made SR1.2

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Saudi's Yansab Q1 net profit slumps 48.7pc

Saudi Arabia's Yanbu National Petrochemical Company (Yansab) reported a 48.7 per cent drop in first-quarter net profit on Monday. The firm, a subsidiary of Saudi Basic Industries Corporation (SABIC), made a net profit of 285.1

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Saudi's Al Rajhi Bank posts 11 pc quarterly profit drop

Al Rajhi Bank, Saudi Arabia's second-largest lender, posted an 11 per cent drop in its first-quarter net profit, it said on Monday, missing analyst forecasts. The bank made 1.52 billion riyals ($405.3 million) in the three mon

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Gulf International Services Q1 profit up 89pc

Qatar's Gulf International Services reported an 89 per cent rise in first-quarter profit on Monday. The firm, which has interests in insurance, aviation, oil and gas and catering, made a profit of QR355.7 million ($97.71 milli

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Almarai Q1 profit gains 12pc on higher sales

Saudi Arabia's Almarai, the Gulf's largest dairy firm, reported a 12 per cent rise in first-quarter net profit on Monday on higher sales. The firm made a profit of SR306.5 million ($81.7 million) in the three months to Mar

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