Showing posts with the label profit

Repsol Q1 profit climbs 1.6% to €631 million

Economic M-E Diplomacy In 2011, a group of American hightech executives and angel investors traveled to North Africa as part of an innovative State Department economic development program. Local ent…

Swiss central bank posts $11.95 billion Q1 profit

Italy's Political Class ON Sunday (April 28) a new government was formed in Italy. Led by Enrico Letta, a moderate member of the Partito Democratico (PD), it is the first ‘grand coalition' t…

Milaha to buy back 5% share, Q1 profit up at QR345 million

ASIF IQBAL DOHA MILAHA, the first public shareholding company registered in Qatar, has approved a share re-purchase programme of up to 5 percent of the outstanding shares of the company, a top compa…

QNB net profit up 6.7% in Q1 to QR2bn

Rewrite The Second Amendment THE elementary-school shootings in Newtown, Connecticut, in December produced two polar public reactions: fear among some Americans that the federal government will rest…

QNB Q1net profit of 6.7% in QR 2.1 bn

DOHA the QNB Group on Sunday said net profit in the first quarter of 2013increased 6.7 percent to QR 2.1 billion. The results do not include the financial results of NSGBEgypt, in which recently acq…

CNOOC of net profit of 9.3% in 2012

Providing political donations THOMAS P. DINAPOLI AND BILL DE BLASIO | NYT SYNDICATE on the Senate Banking Committee Tuesday gave a rousing show of support to Mary Jo White, President Barack Obama…

HSBC to lift dividend after 2012 profit dips 6% to $20.6 billion

REUTERS LONDON HSBC IS to increase dividend payouts this year, a sign that Europe’s largest bank has regained its financial strength even though full-year profits fell more than expected. The London…

Ooredoo’s net profit up 13% in 2012

OOREDOO on Sunday said its net profit in 2012 increased 13 percent to QR2.94 billion compared to QR2.60 billion in 2011. The revenue of the group went up 6.2 percent to QR33.71 billion compared to Q…

GIS reports QR464mn net profit for 2012

A Chance To Right A Wrong In Haiti ON Thursday, the United Nations secretary general, Ban Ki-moon, rejected a legal claim for compensation filed in 2011 on behalf of cholera victims in Haiti. Throug…

Zain’s Q4 profit plunges 32% to $179 million

ZAWYA DOW JONES DUBAI KUWAIT’S Mobile Telecommunications Co, better known as Zain, posted a 32 percent drop in fourthquarter profit as volatility on currency markets weighed on the company’s results…

Exxon’s quarterly profit falls, output tumbles 7.5%

REUTERS LONDON EXXON Mobil Corp, the world’s largest publicly traded oil company, reported a quarterly profit on Thursday that topped expectations, as higher margins from its refining arm countered …

BP raises dividend as Q3 profit jumps to $5.5bn

AP LONDON OIL company BP is rewarding long-suffering shareholders with a substantial dividend increase just days after it sold a stake in a Russian joint venture for billions of dollars. BP also rev…
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