PRESS RELEASE : FIRST MILLS ON 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 248,140 237,837 4.33 213,957 15.98 Gross Profit (Loss) 100,404 103,763 -3.24 87,994 14.1 Operational Profit (Loss) 70,731 74,766 -5.4 51,333 37.79 Net Profit (Loss) after Zakat and Tax 54,038 63,490 -14.89 34,908 54.8…
PRESS RELEASE : MAADEN 31/10/2023 lement List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 6,225,998,107 10,014,421,018 -37.83 6,966,269,838 -10.63 Gross Profit (Loss) 928,985,350 3,573,827,596 -74 1,615,854,461 -42.51 Operational Profit (Loss) 211,994,546 2,953,747,043 -92.82 843,393,595 -74.86 Net Profit (Loss) after Zakat and Tax -83,435,885 2,102,534,770 – 350,941,901 – Total Comprehensive…
PRESS RELEASE: ATHEEB TELECOM ON 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 237.89 148.02 60.71 206.33 15.29 Gross Profit (Loss) 77.5 43.12 79.73 70.66 9.68 Operational Profit (Loss) 52.77 10.98 380.6 35.81 47.36 Net Profit (Loss) after Zakat and Tax 47.89 6.63 622.32 52.6 -8.95 Total…
PRESS RELEASE: ENAYA ON 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Gross Written Premiums (GWP) 76,159 76,771 -0.8 58,409 30.39 Net Written Premiums (NWP) 76,159 76,771 -0.8 58,409 30.39 Net Incurred Claims – – – – – Net Profit (Loss) of Policy Holders Investment – – –…
PRESS RELEASE : BAHRI on 31/10/2023 The National Shipping Company of Saudi Arabia (Bahri) has announced that Petredec Group Limited, in which Bahri holds a 30.03% equity stake, has acquired the shares of one of its partners on October 30, 2023. This acquisition resulted in Petredec Group Limited’s ownership in Bahri increasing to 40.08%. The…
PRESS RELEASE: ALWASAIL INSUDTRIAL ON 31/10/2023 Al-Wasail Industrial Company has announced the postponement of the establishment of a branch of its factory in the Jazan region and the abandonment of the project at the present time. This decision is attributed to the company’s focus on expanding its existing factories in the first industrial zone in…
PRESS RELEASE : BY SHUAA ON OCT 31, 2023 SHUAA Capital psc (DFM: SHUAA), the premier asset management and investment banking platform in the region, has announced a significant milestone in its capital optimization process. The company received overwhelming support from 93% of noteholders for the extension of the maturity date of its existing USD…
BASED ON PRESS RELEASE: BY DU ON OCT 31, 2023 Emirates Integrated Telecommunications Company PJSC (EITC) announced its financial results for the quarter ended September 30, 2023, showcasing an exceptional performance with a remarkable 57.7% increase in Net Profit, reaching AED 504 million. This figure represents the highest quarterly net income achieved by the company…
PRESS RELEASE : BY SALAM_BAH ON OCT 30, 2023 Title: Celebrating Innovation: Al Salam Bank Wins Prestigious Award for Marketing Excellence Introduction:In a momentous achievement, Al Salam Bank has been honored with the ‘Most Innovative Marketing and Branding Campaigns in Banking – Bahrain’ award at the esteemed 2023 Global Economics Awards. This recognition underscores the…
Press Release : BY ALANSARI ON OCT 30, 2023 Introducing CashTrans’ Cutting-Edge Cash Management Center in Dubai In a significant stride towards enhancing financial services in the UAE, CashTrans, a subsidiary of Al Ansari Financial Services PJSC, proudly announces the inauguration of its state-of-the-art Cash Management Center in Dubai. Positioned strategically in the secure Dubai…