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Orascom Telecom swings to quarterly profit

Orascom controlled by Russia's Vimpelcom since 2011; Results last year weighed down by tax charges; Says underlying profit grows in Q2; Cites cost cuts, subscriber growth, more data use

August 15, 2012 12:32
 
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Saudi Cement second quarter net profit jumps 36 percent

Saudi Cement Co posted a net profit of 290.2 million riyals ($77.4 million) for the second quarter on Saturday, a rise of 36 percent from a year earlier.

July 14, 2012 8:59
 
Saudi NCB CAPITAL

Saudi’s NCB posts 13 percent rise in second quarter net profit

Saudi Arabia's National Commercial Bank (NCB), the kingdom's biggest bank by assets, posted a 12.9 percent rise in its second-quarter net profit, the lender said on Wednesday.

July 12, 2012 11:26
 
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Saudi’s Riyad bank second quarter net profit up 9.4 percent

Saudi Arabia's Riyad Bank posted a 9.4 percent rise in second-quarter net profit on the back of improved operational income, the bank said on Sunday, beating analysts' forecasts.

July 9, 2012 10:31
 
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