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Salama revenue up 20pc to $300m; net loss at $38mIslamic Arab Insurance Company (Salama) reported takaful revenue of AED1.111 billion ($300 million in 2023, an increase of 20% from 2022, but posted a net loss of AED139.327 million ($38 million). The los More… |
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Saudi Arabia's Tibbiyah posts net loss of $5.5m in H1Arabian International Healthcare Holding Company (Tibbiyah), a leading integrated healthcare solutions provider in Saudi Arabia, has posted a first-half (H1) net loss of SR20.7 million ($5.5 million). Compared to this the company had posted a More… |
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Saudi Arabia's Tibbiyah posts net loss of $5.5m in H1Arabian International Healthcare Holding Company (Tibbiyah), a leading integrated healthcare solutions provider in Saudi Arabia, has posted a first-half (H1) net loss of SR20.7 million ($5.5 million). Compared to this the company had posted a More… |
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Saudi Arabia's Tibbiyah posts net loss of $5.5m in H1Arabian International Healthcare Holding Company (Tibbiyah), a leading integrated healthcare solutions provider in Saudi Arabia, has posted a first-half (H1) net loss of SR20.7 million ($5.5 million). Compared to this the company had posted a More… |
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Ithmaar Bank narrows net loss to $6.9m in 9 monthsIthmaar Bank, a Bahrain-based Islamic retail bank, has posted a net loss of BD2.62 million ($6.9 million) attributable to equity holders for the first nine months of the year compared to the net loss of BD4.18 million ($11 million) reported for More… |
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Ithmaar Bank posts $1.87m net loss for 9 monthsIthmaar Bank, a Bahrain-based Islamic retail bank, has posted a net loss of BD0.71 million ($1.87 million) for the first nine months of the year, a 114% decrease compared to the net profit of BD5.28 million reported for the same period in 2019. More… |
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Damac records $1.bn revenue for nine months; net loss hits $253mLeading Dubai luxury project developer Damac Properties has announced a total revenue of AED3.7 billion ($1.02 billion) for the first nine months compared to AED2.8 billion ($768 million) in 2019. However, it booked a net loss of AED More… |
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Air Arabia reports H1 2020 net loss of $46mAir Arabia, the first and largest low cost carrier in the Middle East and North Africa, registered a net loss of AED169 million ($46 million) for the first half ending June 30, a direct result of second quarter performance being heavily More… |
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Investcorp reports $165m net loss for fiscal yearBahrain-based Investcorp, a leader in alternative investment, said that financial results for the six months ended June 30, 2020 (H2 FY20) and for the full FY20 have been impacted by the Covid-19 crisis resulting in a net loss of $165 million fo More… |
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Amlak Finance posts $74m net loss in 2018Amlak Finance, a leading specialised Islamic real estate financier in the Middle East, has reported a net loss of Dh272 million ($74 million) for the full-year 2018 compared to Dh51 million ($14 million) net profit the previous year. More… |
