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  • Oman-Nizwa-riyal

    Oman’s al Izz Islamic bank to float in September

    Al Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, plans to float 40 percent of its shares in September, a bank official said on Thursday.

    August 9, 2012 4:07
  • crude-cruncg_small

    Saudi to supply full September crude to three Asia buyers

    Top crude exporter Saudi Arabia will supply full contracted volumes of crude to at least three Asian term buyers in September, unchanged from August, industry sources familiar with the matter said on Thursday.

    August 9, 2012 11:38
  • porter airlines

    Canada’s Porter Airlines partners with Qatar Airways

    Porter Airlines, a small, short-haul Canadian airline, said on Wednesday it has signed an interline partnership agreement with Qatar Airways, Porter's first such venture. Porter's chief executive said it would seek more such deals.

    August 9, 2012 11:08
 
  • 200-arabtec

    Dubai builder Arabtec suffers first loss since 2009

    Net loss is 11.6 mln dirhams; Revenue 1.3 bln dirhams vs 1.2 bln yr-ago; Gross margins drop 9.9 percent year on year; Shares close down 4 pct on Dubai bourse

    August 9, 2012 10:30
  • UAEs-Aldar-Sorouh-merger

    Aldar properties net profit beats forecast

    Aldar Q2 net profit 417.9 mln dirhams; Revenue at 4.6 bln dirhams vs 775.6 mln dirhams; Co says yet to receive 12 bln dirhams from govt; Merger talks with Sorouh under way

    August 9, 2012 10:09
  • 200-telecom-egypt

    Telecom Egypt says second quarterly net profit drops 25 percent

    Landline monopoly Telecom Egypt reported a 25 percent drop in second-quarter net income on Wednesday, pushed lower by weaker revenue and employee demands for higher pay since the country's president was overthrown in a popular uprising.

    August 8, 2012 4:27
 
 
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