Gulf Times - profit
Ahlibank posts QR665.6mn net profit in 2018

Ahlibank posts QR665.6mn net profit in 2018

Ahlibank has posted a net profit of QR665.6mn in 2018, up 4% on the previous year. In 2017, Ahlibank had earned a net profit of QR639.7mn.

QNB posts 5% surge in 2018 profit to QR13.8bn

QNB posts 5% surge in 2018 profit to QR13.8bn

QNB, the largest financial institution in the Middle East and Africa (MEA) region, has registered a 5% year-on-year growth in net profit ...

Emirates profit drops a huge 86%

Emirates profit drops a huge 86%

The international aviation market is facing strong headwinds currently, with the high fuel cost as well as currency devaluations affecting airline financials.

QIC posts 54% surge nine-month profit to QR474mn

QIC posts 54% surge nine-month profit to QR474mn

Qatar Insurance Group, the leading insurer in Qatar as well as the Middle East North African (Mena) region, reported a 6% year-on-year growth in gross written premiums (GWP) to QR9.5bn ...

Twitter hits a milestone with first-ever profit

Twitter hits a milestone with first-ever profit

Twitter on Thursday reported its first-ever quarterly profit, in a key milestone for the social network which has been lagging for years against fast-growing rivals.

Cathay Pacific sacks 600 staff in major shakeup

Cathay Pacific sacks 600 staff in major shakeup

Hong Kong's flagship airline Cathay Pacific said on Monday it would cut 600 staff including a quarter of its management, as part of its biggest shakeup in two decades to repair its bottom line.

Profit pain looms for Saudi banks with costs at 7-yr high

Profit pain looms for Saudi banks with costs at 7-yr high

Nine of 12 Saudi banks reported Q1 profit that beat estimates; bad loan provision, cost of funding seen rising amid oil slump ...

Emirates says annual profit surged 56% to $1.9bn

Emirates says annual profit surged 56% to $1.9bn

Emirates, Dubai's flagship carrier, reported a 56 percent jump in annual net profit from its airline operations, with lower oil prices helping to reduce operating costs ...

Berkshire operating profit falls short; book value rises

Berkshire operating profit falls short; book value rises

Warren Buffett’s Berkshire Hathaway on Friday confirmed that its first-quarter profit rose 8%...

Flydubai CEO expects difficult 2016 as yield pressure continues

Flydubai CEO expects difficult 2016 as yield pressure continues

The chief executive of flydubai expects another difficult year for the low-cost carrier as tough economic conditions put pressure on yields.

New York Times reports better-than-expected profit and revenue

New York Times reports better-than-expected profit and revenue

The New York Times Co reported better-than-expected fourth-quarter profit and revenue as it cut costs while continuing its push into digital content.