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First half results

Sodic posts $8.94m H1 net profit

Sixth of October Development & Investment Company (Sodic), a top real estate development company in Egypt, has posted a net profit of EGP51 million ($8.94 million) on revenues of EGP123 million for the first half of 2010. Sodic is begi

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Madar Holding H1 turnover hits $271m

Madar Holding, the international arm of building materials business of Saudi-based Al Fozan Group, said its first half turnover has almost doubled to Dh1 billion ($271 million). The company said their robust growth this year was

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BMB posts H1 profit of $4.2m

BMB Investment Bank (BMB) reported first half net income of $4.2 million as compared to $12.8 million for the same period last year. Second quarter total income from operations was $2.2 million but it was offset by operating expenses resul

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Ahli Bank H1 net soars 86pc

Ahli Bank’s net income for the first half of 2008 has jumped 86 per cent to RO3.51 million ($9.12 million) compared to RO1.18 million ($3.06 million) for the same period last year. Operating income for the first half was RO6.70 milli

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