DUBAI: Kuwait Food Co, which sells food products under the Americana brand name, reported an 8.7 percent increase in second-quarter net profit on...
DUBAI: Kuwait Food Co, which sells food products under the Americana brand name, reported an 8.7 percent increase in second-quarter net profit on...
DUBAI: United Arab Emirates-based energy firm Dana Gas said an international tribunal had issued a favourable ruling in the dispute over a natural...
DUBAI: Kuwait Projects Company (KIPCO) has rejected a $3.2bn takeover offer from a US private equity firm for its pay-television subsidiary OSN, the...
CAIRO: Egypt’s annual urban consumer inflation jumped to 10.6 percent in July from 8.2 percent in June, the official statistics agency CAPMAS said...
Kuwait City: Kuwaiti Agility company has realised a net profit of KD12.9m ($45.58m) in the second quarter of 2014, marking a rise of...
DUBAI: Egyptian stocks rose in heavy trade yesterday , buoyed by news of a $4bn plan to build a new Suez Canal alongside...
CAIRO: Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding...
DUBAI: Dubai’s largest developer Emaar Properties reported a 28.6 percent rise in second-quarter net profit yesterday, marginally beating forecasts, but revenue from property...
DUBAI: Saudi Aramco and Sumitomo Chemical will transfer ownership of a planned SR32bn ($8.5bn) petrochemical facility to their joint venture PetroRabigh, the venture...
ABU DHABI: Aldar Properties, Abu Dhabi’s largest real estate developer, reported a jump in its second-quarter net profit yesterday, after excluding one-time merger...
DUBAI: Dubai Investments said yesterday that its net profit for the first six months of the year more than doubled, on the back...
CAIRO: Egypt has chosen a consortium that includes the Egyptian army and global engineering firm Dar al Handasah to develop an international industrial...
DOHA: Investment Dar, the Kuwaiti firm whose assets include a stake in luxury carmaker Aston Martin, said yesterday a local court had ruled...
DUBAI: Arabtec, the construction company at the centre of Dubai’s stock market turmoil, reported an 11 percent rise in second-quarter profit yesterday, missing...
DUBAI: Bahrain Telecom-munications Co (Batelco) posted a 22.4 percent drop in second-quarter profit yesterday, according to calculations, hurt by continued intense competition in...
DUBAI: Dubai construction company Arabtec’s former boss has sold about $4m worth of shares in the group this week, cutting his stake slightly,...
NEW DELHI: Jet Airways, India’s second-biggest carrier, forecast yesterday a return to profit in three years through cost-cuts, route-sharing with new partner Etihad...
CAIRO: Egypt’s Commercial International Bank, the country’s biggest listed bank, posted a 31 percent rise in net income in the first half of...
