Friday 22 June 2018
Q2 earnings

Saudi banking sector Q2 earnings down 2.4pc

Consolidated second-quarter (Q2) earnings for Saudi Arabia’s banking sector declined 2.4 per cent year-on-year (y-o-y) with more than half of the banks reporting profits higher than consensus estimates, a report said. The ke


Dar Al Arkan Q2 earnings drop 30pc

Saudi-based real estate developer Dar Al Arkan said second-quarter earnings fell by almost 30 per cent on declining sales of building-ready land, its main revenue source. Second-quarter net profit was broadly in line with analysts forecast

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