Profits of QSE listed companies decline 19.68% in the H12020
DOHA: All of Qatar Stock Exchange (QSE) listed companies have disclosed their financial results for the period ended June 30, 2020. The results show a...
Juwai IQI and Maymar sign MoU for development of real estate sector in Pakistan
HONG KONG: Juwai IQI Holdings and Maymar Housing Services have signed a memorandum of understanding (MoU) to collaborate on a potential joint venture to bring...
Mazaya to partner Aariane to develop part of the Ariane City located in Mesaimeer
DOHA: Mazaya Real Estate Development is considering a strategic partnership with Ariane Real Estate to develop part of the Ariane City project located in Mesaimeer,...
Deyaar posts net profit of AED 8.5 million for 1H2020
DUBAI: Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, announced its financial results for the first half of 2020....
DAMAC reports loss of AED 387 million for 1H 2020 due to Covid 19 and adverse business conditions
DUBAI: DAMAC Properties Dubai Co. announced financial results for the first half of 2020, reporting total revenue of AED 2.4bn vs AED 1.9bn in 1H...
Net Income attributable to Al Baraka Banking Group’s shareholders reaches $47mn
MANAMA: Al Baraka Banking Group BSC (ABG), the leading Islamic banking group with its headquarters in the Kingdom of Bahrain, achieved a net income attributable...
Seef Properties reports net profit of BD 2.71 million for the period ended 30 June 2020
MANAMA: Seef Properties B.S.C., announced its financial results for the six-month period ended 30 June 2020. The Company reported net profits and total comprehensive income...
Amanat Holdings’ earnings decline for 1H 2020
DUBAI: Amanat Holdings PJSC, the GCC’s largest healthcare and education investment company, nnounced its consolidated financial results for the first half ended 30 June 2020,...
SALAMA 2020 half-year net profit increases 41.03% to AED 47.05mn
DUBAI: Islamic Arab Insurance Company, listed as “SALAMA” on Dubai Financial Market (DFM), announced its interim results for the first six months of 2020 reporting...
Dar Al Takaful appoints Rajesh Sethi as CEO after acquisition of Noor Takaful
DUBAI: Dar Al Takaful announced the completion of acquisition of UAE-based Islamic insurance provider, Noor Takaful, with Rajesh Sethi appointed as the Chief Executive Officer...
Oman Insurance reports profit of AED 110.2 million in the first half of 2020
DUBAI: Oman Insurance Company, one of the leading insurance providers in the Middle East, announced it has posted a Net Profit of AED 110.2 million...
Heavily impacted by COVID-19, Air Arabia posts a net loss of AED 169 million
SHARJAH: Air Arabia registered a net loss of AED 169 million for the first half ending June 30, 2020, a direct result of second quarter...