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Kuwait's KIPCO Upbeat on Outlook after Q1

Kuwait's KIPCO Upbeat on Outlook after Q1

Kuwait Projects Co., the country's largest investment company, sounded a confident note on its full-year outlook after reporting a five percent increase for first-quarter profit on Tuesday

May 1, 2012 3:22
 
Network Switch Saps Mobinil Q1 Profit

Network Switch Saps Mobinil Q1 Profit

Egyptian mobile firm Mobinil slumped to a first-quarter net loss of 74 million Egyptian pounds ($12.24 million) due to the costs of switching its network to 3G and said its outlook was uncertain because of political volatility.

May 1, 2012 10:12
 
UAE Cooling Firm Tabreed Q1 Net Up 15 Pct

UAE Cooling Firm Tabreed Q1 Net Up 15 Pct

National Central Cooling Company (Tabreed) reported a 15 percent rise in first quarter profit on Tuesday as operating costs declined by a quarter for its chilled water business.

May 1, 2012 9:42
 
Dubai Islamic Bank Q1 Net Profit on the Rise

Dubai Islamic Bank Q1 Net Profit on the Rise

Dubai Islamic Bank (DIB), the largest Sharia-compliant lender in the emirate, on Monday said its first-quarter net profit rose 11 percent, helped by growth in its core businesses.

April 30, 2012 9:48
 
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