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NBB reports 11% increase in 9-month net profitNational Bank of Bahrain (NBB) has reported a 5% increase in net profit attributable to shareholders reaching BD19.1 million ($50.7 million) for the third quarter ended 30 September 2024, compared to BD18.2 million in the same period of 2023. The increas More… |
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Agility Global posts Q3 2024 net profit of $37.1mAgility Global, a multi-business owner and operator and long-term investor in global and regional businesses, has reported third-quarter (Q3) 2024 earnings of $37.1 million, or 0.36 cents per share. EBIT grew 36% to $104.6 million, and revenue increased More… |
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ICICI Bank Manama branch relocates to Seef DistrictICICI Bank has announced the relocation of its Government Avenue, Manama branch, to Seef District in Bahrain. The new branch (at Building Number: 2611, Road: 2833, Block: 428) is designed to provide improved convenience to customers with its strategic lo More… |
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Travelex launches new ATM technology with NCR AtleosLeading FX firm partners with NCR Atleos to replace over 600 ATMs’ hardware and software across eight countries Travelex, a market leading foreign exchange brand, has launched a major refresh of its international ATM estate, replacing the hardware and so More… |
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Bank ABC 9-month net profit up 17% to $215mBank ABC (Arab Banking Corporation) continued its strong performance reporting a net profit of $215 million for the 9-month period ended September 30, a 17% growth over the corresponding period last year. Bank ABC’s total operating income crossed $ More… |
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Adnic posts 9M net profit before tax of $93.25mAbu Dhabi National Insurance Company (Adnic) posted a nine-month (9M) net profit before tax of AED342.5 million ($93.25 million), a 13.5% year on year increase, backed by successful execution of its strategic growth initiatives. Following Adnic’s s More… |
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Beyon Money seals partnership with City Centre BahrainBeyon Money, part of the Beyon Group and a leading provider of retail fintech solutions, and City Centre Bahrain, a popular lifestyle and shopping destination in the Kingdom of Bahrain have announced a strategic partnership to introduce new Mall Gift Cards. Th More… |
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BlueFive Capital set for big regional debutBlueFive Capital, an investment platform founded by Hazem Ben-Gacem, one of the longest-tenured private equity investors and former co-CEO of Bahrain-based Investcorp, is set to debut from UAE capital Abu Dhabi and Bahrain, thus transforming alternative investments in the region. More… |
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Apollo and Mubadala extend multi-billion-dollar tie-upApollo and Mubadala Investment Company have announced an extension of their multi-billion-dollar partnership focused on global origination opportunities. The multiple year extension of this partnership, which was first established in 2022, further streng More… |
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Cenomi Retail turns around, posts Q3 net of $5.06mCenomi Retail, Saudi Arabia’s pioneering retail brand partner, has made a significant turnaround in the third quarter (Q3) posting a net profit of SR19 million ($5.06 million) compared to a huge net loss of SR203 million in Q3 2023. For the first nine mo More… |
