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GulfAirplane

Gulf Air revenue up as passenger numbers rise

Bahrain's national carrier Gulf Air, struggling to recover from the effects of local political unrest, achieved a 6 percent rise in revenue in the six months through June on the back of an increase in passenger numbers.

August 29, 2012 10:05
 
Central Bank of Egypt

Egypt’s CIB says second quarterly net income grows 18 percent

Egypt's Commercial International Bank reported an 18 percent increase in second-quarter net income on Tuesday, above the expectations of analysts who say the country's lenders are benefiting from soaring yields on government debt.

August 15, 2012 10:26
 
UAE's Dana gas shuffles board amid debt talks

UAE’s Dana Gas second quarterly profit rises on lower tax expense

Dana Gas Co, which has a $1 billion Islamic bond maturing in October, on Monday said its quarterly profit rose 46 percent helped mainly by lower income tax expenses.

August 13, 2012 4:19
 
Loan-growth-will-boost-Saudi-banks-profits

Bahrain’s Al Baraka banking second quarterly net income up 13 percent

Q2 net attributable income $38 mln vs $34 mln yr-ago; Q2 total operating income rises 13 pct vs Q2 2011; H1 attributable income $70.8 mln vs $64.4 mln

August 13, 2012 11:35
 
Industries Qatar

Industries Qatar second quarterly profit inches up, meets forecasts

H1 net profit 4.04 bln riyals-statement, Q2 net profit 2.14 bln riyals-Reuters calculations; IQ shares rise 1.85 pct on Doha bourse

August 8, 2012 4:26
 
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
 
200-air-arabia

Air Arabia second quarterly net profit up 30 percent at $18 million

UAE budget carrier Air Arabia said quarterly net profit rose 30.7 percent at 66.15 million dirhams ($18 million), beating analysts' forecasts.

August 7, 2012 10:05
 
Saudi Zain Telecom

Saudi telecom’s profit beats forecasts

Saudi Telecom Co (STC), the Gulf's No.1 telecoms operator, reported a 6.7 percent rise in second-quarter profit on Wednesday, beating analysts' estimates.

July 19, 2012 12:35
 
Qatar central bank

Qatar’s CBQ second quarter profit rises 7.7 percent, tops forecasts

Commercial Bank of Qatar (CBQ) posted a nearly 8-percent rise in quarterly profit on Wednesday on lower provisions and the recovery of impairments taken in two previous quarters, beating analysts' forecasts.

July 19, 2012 11:45
 
Yemen LNG

Nakilat second quarter profit jumps 5.9 percent amid cost curbs

Qatar Gas Transport Co (Nakilat), the world's largest shipper of liquefied natural gas (LNG), on Wednesday reported a 5.9 percent jump in quarterly profit partly thanks to better cost control.

July 18, 2012 5:24
 
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