 |
Emirates Group H1 net profit soars 68pcThe Emirates Group said it has registered a solid net profit in the first half which touched Dh2.1 billion ($575 million), up 68 per cent compared to Dh1.3 billion last year despite continued global economic pressure and continued high fue More… |
 |
Corporate results weigh on Saudi stocksSaudi Arabia's stock market declined for a second straight day on Sunday as disappointment over third-quarter corporate earnings weighed. Having recorded its biggest one-day drop in over fou More… |
 |
Gulf bourse weak as Egypt awaits poll resultsGulf bourses have mixed cues on Sunday with global markets recouping losses on Friday, amid lingering caution on the outlook, but Saudi Arabia's exchange experienced a sell-off the previous day. Oil bounced from 18-month lows on Friday More… |
 |
Google results fall short of expectationsGoogle's quarterly results fell short of Wall Street's heightened expectations for the holiday season as declining search advertising rates contributed to a rare miss, triggering a 9 percent slide in its shares. The No. 1 Inter More… |
 |
Egypt vote result delayed to ThursdayThe result of a first-round vote in Egypt's first parliamentary election since the overthrow of Hosni Mubarak will be announced on Thursday, state television said, a day later than planned. The High Elections Commission is still unable to More… |
 |
Dubai Holding unit delays 2009 results againDubai Holding Commercial Operations Group (DHCOG), a unit of the conglomerate owned by Dubai's ruler, said it was delaying its full-year results again due to complexities in consolidating results of its units. The company said in April More… |
 |
Trading in Dubai Holding unit halted until '09 resultsDubai Holding Commercial Operations MTN, the listed sukuk vehicle of the conglomerate owned by Dubai's ruler, on Sunday requested its listing to be suspended until the release of the company's annual report and results. Earlier in More… |
 |
Commercial Bank of Qatar Q4 net up 33 pcCommercialbank, the largest private sector bank in Qatar, said its net profit for the fourth quarter of 2009 soared to QR1.52 billion ($417.4 million), up 33 per cent when compared to last year despite challenging market conditions. Announ More… |
 |
Kuwait Investment Dar delays results over crisisKuwait's Investment Dar said on Saturday it had delayed the release of its 2008 earnings because the financial crisis had hit its subsidiaries forcing it to take extra care in valuing their assets. 'Market conditions in the last qu More… |
 |
Agthia net profit rises 104pcAgthia - Emirates Foodstuff and Mineral Water Company – has reported an increase of 104 per cent in net profit in the first quarter this year. Building on the success of last years’ financial performance, Agthia, the parent company of Gra More… |
