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  • 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
 
 
  • 200-kuwait-commercial-bank

    Kuwait’s CBK second quarterly profit drops as provisions bite again

    H1 operating profit of 47.3 mln dinars wiped out by provisions; H1 net profit 0.45 mln dinars vs 1.46 mln dinars yr-ago; Political deadlock, weak investment firms weigh on bank sector; Q2 net profit 0.12 mln dinars vs 0.13 mln dinars in 2011

    August 8, 2012 4:25
  • Talaat Moustafa Group's

    Egypt’s TMG says first half net drops 11 percent

    Egyptian property developer Talaat Moustafa reported first-half net income of 328.8 million Egyptian pounds ($54.11 million) on Wednesday, down 11 percent from the same period a year earlier.

    August 8, 2012 4:25
  • China ICBC

    China’s ICBC wins Saudi branch licence

    Saudi Arabia has decided to let Industrial and Commercial Bank of China, the largest Chinese commercial bank, open a branch in the country, a sign of growing economic ties between the world's top oil exporter and second-biggest oil consumer, local media said.

    August 8, 2012 4:24
 
  • 200-qnb

    Qatar national bank signs $1.8 billion loan

    Qatar National Bank, the Gulf Arab state's largest lender, signed a $1.8-billion three-year loan after completing a syndication process orchestrated by five international banks, it said on Wednesday.

    August 8, 2012 4:21
 
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