Amanat Holdings posts 38% increase in net profit
DUBAI: Amanat Holdings PSJC announced its consolidated financial results for the nine-month period ended 30 September 2019 recording an increase of 38% in net profit...
Multibank ‘BBB/A-2’ ratings placed on Watch Negative
MEXICO CITY: S&P Global Ratings has placed its ‘BBB’ long-term and ‘A-2’ short-term issuer credit ratings on Multibank on CreditWatch negative following Banco de Bogotá’s...
INOVEST, net profit, earning per share, financial results
MANAMA, BAHRAIN: INOVEST, a Category 1 Investment Firm (Shari’a Principles) regulated by the Central Bank of Bahrain and publicly listed on both Bahrain Bourse and...
Tabreed posts net profit of AED 329.1 million
ABU DHABI, UAE: National Central Cooling Company (Tabreed) released its consolidated financial results for the first nine months of 2019, reporting an increase of 3.1%...
Kiwibank Ltd. ‘A/A-1’ ratings affirmed; outlook positive
MELBOURNE: S&P Global Ratings has affirmed its ‘A’ long-term and ‘A-1’ short-term issuer credit ratings on Kiwibank Ltd. The outlook on the long-term rating is...
Altus Strategies completes royalty and property transaction with Desert Gold
LONDON: Altus Strategies, the Africa focused project and royalty generator, announced the successful completion of the royalty and property sale transaction with Desert Gold Ventures...
Ten Lifestyle Group wins contract to expand in the Americas
LONDON: Ten Lifestyle Group has won a competitive tender with an existing global client to significantly expand its services in the Americas. Ten Lifestyle will...
Shell announces commencement of trading in next tranche of its share buyback programme
LONDON: Royal Dutch Shell has commenced trading in the next tranche of its share buyback programme previously announced on July 26, 2018 with an intention...
S&P revises outlook on Powerlong to stable from negative
HONG KONG: S&P Global Ratings has revised its outlook on Powerlong to stable from negative given enhanced debt control. At the same time, S&P affirmed...
Exyte gets “Excellent Contractor” award by GCLSemi
SHANGHAI: Exyte Group is presented the “Excellent Contractor” award by GCLSemi. The award is in recognition of Exyte’s achievement of 800,000 safety work hours during...
S&P revises Nokia’s outlook to negative on weak cash flow prospects
FRANKFURT: S&P Global Ratings revised telecom network equipment vendor Nokia outlook to negative on weaker cash flow prospects, and affirmed the rating at ‘BB+’. “Nokia...
Profits of Qatari listed companies decline 5.3% in the 3rd quarter of 2019
DOHA: All of Qatar Stock Exchange (QSE) listed companies have disclosed their financial results for the period ended September 30, 2019. The results show a...