Saudi Arabia's National Industrialization Co (Tasnee) swung to a fourth straight quarterly loss on Thursday as it reported its earnings for the final three months of 2015.
Tasnee made a loss of SR690.2 mill
Gulf Air posted positive results in its quarterly survey with an overall 31 per cent increase in compliments, 6 per cent decrease in complaints and 26 per cent increase in the distribution of Staff Appreciation Vouchers compared to the same peri
Indebted telecom operator Zain Saudi reported a narrower second-quarter loss on Tuesday, in line with analyst forecasts, as revenue rose and financing costs fell.
Saudi Arabia's No.3 mobile company, 37-per cent owned by Kuwait
Jordan-based Arab Bank Group posted a 10 per cent rise in quarterly profit on Tuesday to $204 million, as revenues rose and its wide geographical spread left it less exposed to the region's political turmoil than some of its peers.
Ajman Bank, an award-winning financial services institution, reported strong growth in operating income over the second quarter (Q2) of 2011.
The bank's net income for the three months ending June 30, 2011, reached Dh48.5 million ($13.2 mi