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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

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 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

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