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Results for
profit
46 Results-
Netflix shares slip as spending weighs on profits
Netflix shares swung lower Thursday as spending at the leading streaming television service weighed on quarterly revenue that fell slightly short of ... Technology -
Amid phony accounts reports, Twitter to prioritize platform over user growth
Twitter Inc on Friday reported fewer monthly active users than analysts expected and warned that the closely-watched figure could keep falling as it ... Middle East -
Dubai’s Emirates airline profit more than doubles on cargo demand
Leading Middle East airline Emirates said on Wednesday its net profits had more than doubled last year, mainly on improved cargo business. The Dubai ... Aviation & Transport -
Samsung Electronics reports record Q4 and full year profits
Samsung Electronics reported a 73 percent jump in its fourth quarter net profit on Wednesday, setting a record for any three-month period, mainly ... Technology -
Samsung projects $14.1 billion Q4 operating profits
South Korean telecom giant Samsung Electronics expects to post record operating profits of $14.1 billion in the fourth quarter, it said Tuesday.The ... Economy -
Industries Qatar Q2 profit shrinks 47 pct, misses estimates
Profit at petrochemicals, metals and fertilizer conglomerate Industries Qatar shrank 47 percent from a year earlier in the second quarter of 2017 ... Economy -
Profit more than doubles for Malaysia’s Petronas
Malaysia’s state energy firm Petronas on Friday said its first quarter profits were more than twice the figure seen in the same period last year ... Energy -
Dubai’s Emaar Properties posts 15 pct jump in first-quarter profit
Dubai’s Emaar Properties, builder of the world’s tallest tower, reported a 15 percent rise in first-quarter net profit on Sunday, broadly ... Economy -
Saudi Electricity swings to Q1 profit after municipality fee exemption
Saudi Electricity Co (SEC) swung to a first-quarter profit on Wednesday after a royal decree exempted the Gulf’s largest utility firm from ... Economy -
Profit leaps 80 pct at Saudi’s SABIC in Q1 as product prices improve
Net profit at Saudi Basic Industries Corp (SABIC), one of the world’s biggest petrochemical producers, jumped 80 percent from a year earlier in ... Energy -
Jordan’s Arab Bank reports Q1 net profit of $218.2 mln
Arab Bank Group, Jordan’s largest lender, on Monday reported a first-quarter net profit of $218.2 million, little changed from $218.3 million a ... Economy -
Boeing profits jump but commercial air deliveries fall
Aerospace giant Boeing said on Wednesday declining costs boosted earnings for the latest quarter, but revenues missed analyst expectations as ... Economy -
General Electric return to profitability in first quarter
Higher power and aviation earnings helped General Electric return to profitability in the first quarter as it announced plans Friday for cost cuts ... Economy -
British Airways parent lifts profit despite weak pound
IAG, parent group of British Airways and Spanish carrier Iberia, grew profits in 2016 as lower fuel costs helped to offset the impact of a weaker ... Economy -
Qatar National Bank fourth quarter net profit up 8.3 pct to $755 mln
For 2016 as a whole, QNB, now the largest bank in the Middle East and Africa by assets, reported a net profit of 12.4 billion riyals, up 10 percent from 2015 Economy -
Saudi’s Almarai Q4 net profit up 1 pct, close to forecasts
Cost controls, efficiency gains to remain a priority for the Gulf’s largest dairy company Economy -
Foreigners can repatriate profits soon, says Egypt Central Bank governor
Banking sector had secured inflows of between $7.5 bln and $8 bln since the Egyptian pound was floated on Nov. 3. Economy -
Kuwait’s Agility expects logistics profit, revenue growth in 2017
Company profit climbed 11 percent to $141.45 mln in first nine months of 2016 Energy -
Saudi’s Tasnee swings to Q3 net profit on volumes, feedstock costs
Lower feedstock costs, higher sales drive earnings; CEO says in talks to refinance $1 bln loan Economy -
21st Century Fox earnings lifted to $567 million by news and hit shows
Revenues rose seven percent from a year ago in the quarter to June 30 to $6.6 billion for the group that includes the Fox Hollywood studios Television & Radio -
Dubai’s Emaar earns profits in first half of 2016
The property developer credits 40 percent of its profits to its shopping malls, hospitality and leisure businesses Business -
Swooping to new low, Twitter stung by stall in user growth
Twitter posted a loss for the first quarter of 2016 of $80 million, compared with a loss of $162 million in the same period a year ago Financial Markets -
Egypt tourism revenue down 66 pct in Q1 2016
More than 14.7 million tourists visited Egypt in 2010, dropping to 9.8 million in 2011 Economy -
Saudi’s SABIC Q2 net profit falls slightly, beats forecasts
SABIC, which is 70 percent state-owned, blamed the profit fall on lower average sales prices Energy -
Kuwait’s Burgan Bank Q2 net profit rises 23 pct
A unit of Kuwait Projects Co, Burgan made a net profit of 65.7 million in the three months to the end of June Banking & Finance -
OPEC petroleum exports fall below $1 trillion in 2014 on oil slump
Exports from OPEC fell in value to $964.6 billion last year from $1.10 trillion in 2013 Energy -
UAE bank NBAD targets Africa, Asia for wealth management growth
Emirate’s NBAD, the largest lender by assets in the UAE, saw profit and revenue posted by its global wealth unit jump 61 percent Banking & Finance -
Samsung predicts record S6 sales will halt profit slide
The Galaxy S6 is the sixth edition of the South Korean electronics giant’s high-end, signature handset Business -
UAE’s Etisalat Q4 profit surges but misses forecasts
Etisalat made an annual net profit of 8.89 billion dirhams in 2014 Telecoms -
Saudi Cement Q4 profit rises 9 pct, beats forecasts
The cement firm attributed its profit rise to higher cement sales and larger earnings from associated companies Financial Markets