Saturday 22 July 2017
 
»
Tag
 
»
profits

Bahrain Mumtalakat nets solid profits for fourth year

Bahrain Mumtalakat Holding Company, the investment arm of the kingdom, has registered solid growth for the fourth consecutive year with a net profit of BD68.9 million ($183.2 million) over the previous year's BD28.7 million ($76.3 million).

More…

65 Abu Dhabi-listed firms post Q1 profit over $3.25bn

Profits of 65 domestic and foreign companies listed on Abu Dhabi Securities Exchange (ADX) have reached Dh12 billion ($3.26 billion) in the first quarter (Q1) of 2017, growing by 19 per cent, compared with Dh10.4 billion in Q1 2016, a report sai

More…

Global airlines' profits to top $29bn in 2017 on high oil prices

The global airline industry is expected to make a net profit in 2017 of $29.8 billion, representing a 4.1 per cent net profit margin and total revenues of $736 billion, said the International Air Transport Association (Iata). This

More…

Shell, BP results improve from cost cuts amid low oil

Royal Dutch Shell and BP posted better-than-expected third-quarter profits, making progress with efforts to stabilise profits even during a quarter when oil prices averaged less than $46 a barrel, a report said. Shell returned to

More…

Lufthansa targets profit growth as strong start cushions slump

Deutsche Lufthansa stuck to its forecast for higher earnings this year as a strong start to 2016 will help the German carrier offset a series of headwinds to travel demand, said a report. “The guidance remains what it is,&rd

More…

Mideast airlines' profits to surge 14pc

Middle East carriers are expected to post a combined $1.6 billion profit in 2016, a record jump of over 14 per cent compared to the $1.4 billion reported for 2015. According to data released by International Air Transport Associat

More…

Boeing aims to increase revenue, profits

Boeing Company's top executives laid out an ambitious, five-year strategy on Wednesday to increase revenue and profits and secure the company's future for the next 100 years, promising to boost efficiency, return free cash to shareholder

More…

Oil hits 2016 high above $42 on production, demand outlook

Oil rose above $42 a barrel, hitting its highest this year and extending a rally into a fourth week on expectations of a production freeze by major exporters, stronger seasonal demand and dollar weakness.   Brent

More…

InterCon to return $1.5bn as full-year profit rises

InterContinental Hotels Group, one of the world's largest hoteliers, has promised a special payout of $1.5 billion, even as strong demand across all its regions helped it post a rise in yearly profit, sending its shares up 4 per cent.

More…

Bank ABC net profit down 30pc to $189m

Bank ABC (Arab Banking Corporation) has posted a net profit of $189 million for last year, 30 per cent lower compared to a profit of $256 million recorded the previous year.   The net profit for the fourth quarte

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads