Saturday 18 August 2018
 
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UAE in top quartile globally for well-being: BCG

The United Arab Emirates (UAE) is in the top quartile globally when it comes to well-being, according to a new report by management consulting firm The Boston Consulting Group (BCG). The UAE outperforms other GCC countries, as wel

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Bahrain leads GCC in income, infrastructure: BCG

Bahrain performs particularly better than its GCC peers in the dimensions of income and employment and is in the 2nd quartile globally when it comes to well-being according to a new report by management consulting firm The Boston Consulting Grou

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Saudi Q2 revenues soar 67pc; non-oil up 42pc

Saudi Arabia's total revenues for the second quarter of the fiscal 2018 amounted to SR273.588 billion ($72.94 billion), an increase of 67 per cent over the same quarter last year, the Ministry of Finance's quarterly report said.

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Saudi Q2 revenues soar 67pc to $72.94bn

Saudi Arabia's total revenues for the second quarter of the fiscal 2018 amounted to SR273.588 billion ($72.94 billion), an increase of 67 per cent over the same quarter last year, the Ministry of Finance's quarterly report said.

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Sony reports $1.78bn operating income in Q1

Sony Corporation reported a record first-quarter (ending June 30, 2018) operating income of $1.78 billion (¥195 billion), a 24 per cent increase compared to $1.42 billion (¥157.6 billion) in Q1 of the previous year. The co

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Saudi Q3 non-oil income up 80pc; revenues rise 11pc

Saudi Arabia's non-oil revenues increased 80 per cent in the third quarter compared to the same period in 2016, confirming the feasibility of economic reforms, officials said.   Total revenues for the third q

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Saudi Q3 non-oil income up 80pc; revenues rise 11pc

Saudi Arabia's non-oil revenues increased 80 per cent in the third quarter compared to the same period in 2016, confirming the feasibility of economic reforms, officials said.   Total revenues for the third q

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Abu Dhabi-based banks net $2.07bn income in Q2

The net income of commercial and Islamic banks in the Emirate of Abu Dhabi amounted to Dh7.6 billion ($2.07 billion) during the second quarter of 2017, with commercial banks accounting for 83.1 percent of the net income of all banks operating in

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Abu Dhabi banks post $2.45bn income in Q2

The net income of Abu Dhabi-based commercial banks amounted to Dh9 billion ($2.45 billion) during Q2 2017, a growth of 4.1 per cent from Dh8.64 billion during the corresponding period in 2016. Net interest income amounted to Dh5.2

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Burgan Bank's H1 net income up 24pc

Kuwait-based Burgan Bank Group has registered a 24 per cent jump in its net income for the first half of 2017 which soared to KD39 million ($128 million) from last year's KD31.4 million ($103.5 million). Announcing the earning

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