Company News

Aamal posts first-quarter net profit of QR139.7mn

(Gulf Times - 4/27/2017 7:40:00 AM)

Aamal Company has reported net profit of QR139.7mn, translating into earnings-per-share of QR0.18 at the end of first quarter (Q1) ended March 31, 2017. “The Q1, 2017 has seen our revenues grow very strongly, by more than 22%; this has been driven by a ...

Doha Bank honoured at 3G Awards in Dubai

(The Peninsula - 4/27/2017 7:38:00 AM)

Doha Bank received the “Global Good Governance (3G) Awards 2017” under the category "3G Environmental Responsibility Award 2017", at Fair month The Palm in Dubai, on Monday. The award ceremony was hosted by Cambridge IF Analytica. Leaders from Corporate ...

QIIB wins Visa International Award

(The Peninsula - 4/27/2017 7:37:00 AM)

QIIB has bagged the ‘Best growing Qatari bank in the banking card industry in 2016’ award , instituted by Visa International for banks achieving the highest growth rate in the card sector in countries where they operate. Abdulbasit Ahmad Al Shaibei, QIIB ...

Du names new executive VP for corporate communications

(Trade Arabia - 4/27/2017 7:35:00 AM)

UAE telecommunications provider du has appointed Abdulwahed Juma as the executive vice president of brand and corporate communications. In today’s competitive telecommunications environment, offering a distinct value addition is key for a brand as a ...

Dana Gas makes first international condensate sale in Egypt

(Arab News - 4/27/2017 7:34:00 AM)

Dana Gas, the Middle East’s largest regional natural gas company, has achieved an important milestone with the first international sale of condensate in Egypt under the gas production enhancement agreement (GPEA). The first cargo is approximately 150,000 ...

Union Cements board to meet on April 30

(Gulfnews - 4/27/2017 6:06:00 AM)

ADX-listed Union Cements said on Wednesday it plans to hold a board meeting on April 30 to discuss and approve the first quarter results. The board will also review the marketing and sales report and also discuss other matters, the company said in a ...

NBQ’s first quarter net profits up 20%

(Gulfnews - 4/27/2017 6:02:00 AM)

National Bank of Umm Al Qaiwain (NBQ) on Wednesday reported a net profit of Dh123.39 million, up 20 per cent for the first quarter of 2017 compared to Dh102.4 million in the same quarter last year. Net interest income grew by 20 per cent compared to the ...

KFH records KD 38.6 mln net profit for Q1 – Net finance revenues

(Arab Times - 4/27/2017 5:54:00 AM)

Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that “KFH has, by the grace of Allah, realized a KD 38.6 million net profit for the first quarter of 2017 for KFH shareholders compared to KD 34.1 million for the same period last ...

Emirates NBD official banking partner for Expo 2020

(The Gulf Today - 4/27/2017 5:48:00 AM)

Emirates NBD, a leading banking group in the region, has signed a Premier Partnership agreement with Expo 2020 Dubai to become its Official Banking Partner. The partnership marks Emirates NBD’s long-term commitment to supporting the growth and ...

Julphar pharmaceutical plant in KAEC launched

(Saudi Gazette - 4/27/2017 5:44:00 AM)

The state-of-the-art pharmaceutical manufacturing facility Julphar Saudi Arabia officially opened during a much-anticipated on-site ribbon-cutting ceremony, which took place in King Abdullah Economic City (KAEC) in the presence of Saudi Arabia and United ...

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