Port Services Corporation - (PSCS)

0.267 0.002(0.75%) Last Update 19/02/2017 13:04 KSA

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Corporate Announcements

Net profit announced for the year 2016, OMR 2.72 million, compared to a loss of OMR 1.86 million for the same period last year. - 11/01/2017
Net profit announced for the 9 months ending on 30/9/2016, OMR 1.83 million, compared to a loss of OMR 2.16 million for the same period last year. - 11/10/2016
Net profit announced for the 1st Half of the year 2016, OMR 1.86 million, an increase of 2444%. - 13/07/2016
Net profit announced for the 1st Quarter of the year 2016, OMR 811,653, compared to a loss of OMR 469,000 for the same period last year. - 14/04/2016
20% cash dividend (20 baizas per share) announced for the year 2015. - 24/02/2016

Transportation - News

Gulf Navigation results at eight-year high
(The National - 14/02/2017)

Gulf Navigation announced its best annual results for eight years yesterday, thanks to an improvement in spot tanker rates and the reclassification of liabilities. The Dubai-based shipper said that profits for the year rose to Dh136.7 million, compared ...

Air Arabia delivers strong 2016 net profit of AED 509 million
(Press Release - 09/02/2017)

Air Arabia (PJSC) today announced full-year financial results for 2016 as the Middle East and North Africa’s first and largest lowcost carrier continued to deliver healthy growth and strong levels of profitability despite challenging market conditions. ...

Etihad and Thailand sign $1m tourism promotional deal
(The National - 01/02/2017)

Etihad Airways on Tuesday signed a US$ 1 million deal with the Thai tourism agency to promote the South East Asian country in Europe and the Middle East. The deal takes effect from February. The money will be spent equally by Etihad and the Tourism ...

Demand for Islamic home finance at all time high
(Mortgage Finance Gazette - 31/01/2017)

The number of applications for Al Rayan Bank’s Home Purchase Plans (HPPs) and Buy To Let Purchase Plans (BTLPP) reached an all-time high in 2016. As the UK’s largest Sharia compliant retail bank, it says that demand for Islamic home finance is ...

Meezan Bank, IFC sign pact to boost SME financing
(Dawn News - 31/01/2017)

The Interna­tional Finance Corporation (IFC), a member of the World Bank Group, signed an advisory agreement with Meezan Bank to help boost small and medium enterprises (SMEs) access to Islamic finance. A statement issued by Meezan Bank on Monday said ...

Crude Oil Range-bound Near USD53
(RTT News - 31/01/2017)

Crude oil futures were lower Monday, holding in a narrow range despite a report by Petro-Logistics SA shows that global oil supplies are falling. On the other hand, US stockpiles have been building up as domestic producers are putting dozens of rigs back ...

Tax-free days ending for Saudis after crude oil slump
(AFP - 31/01/2017)

Tax-free living will soon be a thing of the past for Saudis after cabinet on Monday approved an IMF-backed value-added tax to be imposed across the Gulf following an oil slump. Tax-free living will soon be a thing of the past for Saudis after cabinet on ...

Oil prices dip as rising U.S. output offsets OPEC-led cuts
(Reuters - 31/01/2017)

Oil prices dipped on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent crude futures (LCOc1), the international benchmark for oil prices, were trading at $55.16 per ...

Gold supported by U.S. and European political uncertainty
(Reuters - 31/01/2017)

Gold rose on Monday as political uncertainty created by U.S. President Donald Trump's move to ban people from seven Muslim-majority countries, and by elections in Europe, supported prices. Traders reported subdued activity because of the Lunar New Year ...

Gold rises as Trump policy fuels safe haven demand Read more: http:
(Reuters - 31/01/2017)

Gold rose on Tuesday on increased safe haven demand as U.S. President Donald Trump's tough stance on immigration rattled global markets, with prices finding further support from a weaker dollar. Traders were also awaiting the U.S. Federal Reserve's ...

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