Financial Results

The OGM elected new board for the coming three years
19 April 04:11 PM Securities House to shrink capital by KWD 3m
Mubasher: The ordinary general meeting (OGM) of Securities House approved decreasing 6.25% or KWD 3 million of the paid-up capital. Securities House will shrink its capital to KWD 45 million from KWD 48 through cancelling 30 million shares, …
Profits amounted to QAR 169.5 million in Q1-18
19 April 03:56 PM Al Khalij profit hits QAR 169.5m in Q1-18
Mubasher: Al Khalij Commercial Bank (KCBK) on Thursday posted a 5.3% year-on-year growth in its profits for the first quarter of 2018. Profits amounted to QAR 169.5 million in Q1-18, up from QAR 160.9 during Q1-17, according to the bank’s filing …
Profits amounted to QAR 1.3 million in Q1-18
19 April 10:58 AM Dlala Brokerage Q1 profit slides 84%
Mubasher: Dlala Brokerage and Investment Holding (DBIS) posted a 84.2% year-on-year drop in its profits for the first quarter of 2018. Profits amounted to QAR 1.3 million in Q1-18, down from QAR 8.2 million over Q1-17, according to a filing to the …
Profits amounted to QAR 84.15 million in Q1-18
19 April 10:07 AM Qatari Investors Group posts QAR 84m profit in Q1
Mubasher: Qatari Investors Group reported a 1% year-on-year fall in its profits for the first quarter of 2018. Profits amounted to QAR 84.15 million in Q1-18, down from QAR 84.86 million in the same quarter a year earlier, according to the …
The firm’s net profits amounted to SAR 24.6 million during Q1-18
19 April 10:02 AM Saudi Aldrees posts SAR 24.6m profit in Q1
Riyadh – Mubasher: Aldrees Petroleum and Transport Services Company on Thursday reported a 68.5% year-on-year hike in its net profits in the first quarter of 2018, compared to the year-ago period. The firm’s net profits amounted to SAR 24.6 …
Profits amounted to QAR 90.26 million in Q1-18
19 April 09:49 AM Qatar National Cement Q1 profit grows 6%
Mubasher: Qatar National Cement reported a 6.4% year-on-year rise in its profits during the first quarter of 2018. Profits amounted to QAR 90.26 million in Q1-18, compared to QAR 84.84 million in Q1-17, according to the company’s statement to the …
The cement producer's net profit amounted to SAR 57.18 million in Q1-18
19 April 09:43 AM Qassim Cement profit falls 29% in Q1
Riyadh – Mubasher: Saudi Arabia-based Qassim Cement on Thursday posted a 28.67% year-on-year drop in its net profits during the first quarter of 2018. The cement producer's net profit amounted to SAR 57.18 million in Q1-18, down from SAR 80.16 …
Profits amounted to QAR 28 million in Q1-18
19 April 09:39 AM Doha Insurance logs QAR 28m profit in Q1-18
Mubasher: The financial statements of Doha Insurance Group revealed 1.8% year-on-year hike in its profits for the first quarter of 2018. Profits amounted to QAR 28 million in Q1-18, compared to QAR 27.5 million during Q1-17, according to a filing …
Profits amounted to QAR 176.09 million over Q1-18
19 April 09:27 AM Al Ahli Bank Q1 profit jumps 4%
Mubasher: The financial statements of Al Ahli Bank showed a 3.6% rise in its profits for the first quarter of 2018. Profits amounted to QAR 176.09 million in Q1-18, compared to QAR 170.02 million in Q1-17, according to the bank’s statement to the …
Kuwait Investment achieved a surge of 313.1% in profits in FY17
18 April 04:51 PM Kuwait Investment nods to 20% dividends for FY17
Mubasher: The ordinary general meeting (OGM) of Kuwait Investment approved the board’s recommendation to distribute 20% of the capital as cash dividends for fiscal year 2017. Kuwait Investment will pay 20 fils per share as a capital at a total …
Mezzan closed Wednesday’s session 0.27% higher
18 April 04:06 PM Mezzan Holding to pay 22% dividends for FY17
Mubasher: The ordinary general meeting (OGM) of Mezzan Holding Co approved the board’s recommendation of distributing 22% of the capital as a cash dividend for fiscal year 2017. Mezzan will pay 22 fils per share to the entitled shareholders, with …
Operating revenues increased by 12.7%
18 April 01:05 PM Human Soft Q1 profits grow 9.7% on higher revenue
Mubasher: Human Soft Holding achieved an increase of 9.7% in profits during the first quarter of 2018 compared to the same period in the previous year. Earnings grew to KWD 7.83 million ($26.15 million) in Q1-18 compared to KWD 7.14 million …
The OGM has also approved the board’s report and the auditory report
18 April 12:59 PM Global Telecom OGM approves FY17 financial results
Cairo – Mubasher: The ordinary general meeting (OGM) of Global Telecom Holding has approved its financial statement for the full-year ended 31 December 2017. The OGM has also approved the board’s report and the auditory report, the company said in …
EIB's total assets declined by 7% to AED 57.8 billion in Q1-18
18 April 12:59 PM EIB Q1 profit hits AED 209m
Dubai – Mubasher: Emirates Islamic Bank (EIB) on Wednesday posted a 2% quarter-on-quarter rise in its profits for the first quarter of 2018. Net profits amounted to AED 209 million in the three-month period ended 31 March 2018, according to …
Profits amounted to AED 1.21 billion in Q1-18
18 April 12:29 PM DBI profits grow 16% in Q1-18
Dubai – Mubasher: Dubai Islamic Bank (DIB) on Wednesday announced that its profits rose 16% year-on-year in the first quarter of 2018. Profits amounted to AED 1.21 billion ($33 million) in Q1-18 up from AED 1.04 billion ($280 million) in the same …
SIEC’s net profits stood at SAR 12.6 million during Q1-18
18 April 10:05 AM Saudi SIEC turns profitable in Q1
Riyadh – Mubasher: Saudi Industrial Export Co (SIEC) announced turning a profit in the first quarter of 2018, against suffering losses during the same corresponding period of 2017. SIEC’s net profits stood at SAR 12.6 million during Q1-18, against …
Net interest income grew to AED 2.524 billion in Q1-18
18 April 09:57 AM Emirates NBD Q1 profit rises 27%
Dubai – Mubasher: Emirates NBD on Wednesday reported a 27% year-on-year surge in net profits for the first quarter of 2018. Net profit amounted to AED 2.39 billion during the three-month period ended last March, compared to AED 1.87 billion in the …
18 April 09:53 AM CBQ profit soars 345% in Q1-18
Mubasher: Commercial Bank of Qatar (CBQ) posted a 345% year-on-year surge in its profits during the first quarter of 2018. Net profits amounted to QAR 405 million during Q1-18, up from QAR 91 million in Q1-17, according to the bank’s filing to the …
The dividends will be distributed on 7 May
17 April 04:18 PM National Investments to pay 7 fils/shr as FY17 dividends
Mubasher: The ordinary general meeting (OGM) of National Investments Co approved the board’s recommendation to distribute 7% of the capital as a cash dividend for fiscal year 2017. National Investments will pay 7 fils per share as a dividend to …
The board members recommended a cash dividend of 10%
17 April 04:12 PM National Industries Q4 financials turn profitable; dividends proposed for FY17
Mubasher: National Industries Group Holding recorded a profit of KWD 16.81 million ($56.13 million) in the fourth quarter of 2017 against losses of KWD 19.14 million ($63.91 million) in the same quarter a year ago. During FY17, the company, which …
Net profit stood at EGP 40.5 million in the three-month period ended March 2018
17 April 11:22 AM Domty turns profitable in Q1
Cairo – Mubasher: The financial indicators of Arabian Food Industries Co (Domty) on Tuesday showed it has turned to profits during the first quarter of 2018 due to higher sales. Net profit stood at EGP 40.5 million in the three-month period ended …
China is the top holder of US Treasuries with $1176.7 trillion
17 April 10:03 AM Saudi raises US Treasury holdings to $151bn in February
Riyadh – Mubasher: Saudi Arabia raised its holdings of US Treasury bonds by 29.3% year-on-year or $34.2 billion in February 2018. The kingdom’s holdings of US government bonds reached $150.9 billion in the second month of 2018, up from $116.7 …
Profits amounted to QAR 20.45 million in Q1-18
17 April 09:48 AM Medicare Group profit rises 14% in Q1-18
Mubasher: Medicare Group posted a 14% year-on-year surge in its net profits during the first quarter of 2018. Profits amounted to QAR 20.45 million in Q1-18, compared to QAR 17.87 million in the same quarter a year earlier, according to the …
The Saudi development firm’s net profits amounted to SAR 43.5 million in Q1-18
17 April 09:38 AM Arriyadh Development posts SAR 43.5m profit in Q1-18
Riyadh – Mubasher: Arriyadh Development Co. on Tuesday reported a 0.5% year-on-year rise in its net profits during the first quarter of 2018, compared to the year-ago period. The Saudi development firm’s net profits amounted to SAR 43.5 million in …
Arabtec recorded a profit of AED 123.1 million in FY17
17 April 09:36 AM Arabtec to pay AED 30.7m dividends for FY17
Dubai – Mubasher: The ordinary general meeting (OGM) of Arabtec Holding approved the board’s recommendation to distribute 2.05% of the capital as a cash dividend for fiscal year 2017. Dubai's largest listed construction firm will pay 2.05 fils per …