Commercial Services - News
Zain Bahrain inks deal with Samsung Galaxy Apps Store
(Telecom Paper - 21/05/2015)
Zain Bahrain announced a partnership with Samsung for customers to purchase applications available in the Galaxy Apps Store through Zain Pay, a direct mobile operator billing facility. Zain Pay enables customers to pay for their app purchases including ...
Agility Q1 net profit surges 5pc
(Trade Arabia - 17/05/2015)
Kuwait's Agility, the largest Gulf logistics group, has reported a five per cent increase in its net profit for the first quarter which saored to KD11.8 million ($39.4 million) compared to the same period last year. Announcing the results, the Logistics ...
Renaissance raises OMR45.3 million debt for Duqm project
(Times of Oman - 11/05/2015)
Renaissance has successfully raised OMR45.3 million worth of debt required to finance its OMR75.5 million-Duqm accommodation project. The project is scheduled to open by mid-2016. The Duqm project has evoked strong interest in the financial community, as ...
Tabreed rises amid lacklustre trading on UAE markets
(The National - 08/05/2015)
Shares in Tabreed surged to their highest level in more than five months on Thursday, on an otherwise lacklustre day for the stock markets. The Dubai-listed district cooling company’s shares surged 14.7 per cent to Dh1.40, their highest level since late ...
Amanat posts Dh1.47m net profit
(Gulf News - 08/05/2015)
Healthcare and education company, Amanat Holdings, said on Thursday it recorded a net profit of Dh1.47 million for the first quarter of 2015. Profit on Mudaraba and Wakala deposits in the first three months of 2015 stood at Dh8.19 million, while ...
Saudi Ground Services IPO approved
(Reuters - 07/05/2015)
Saudi Arabia's stock market regulator said on Wednesday it had approved an initial public offering of shares in an aviation ground handler, which is set to be the third flotation this year in the Kingdom. Saudi Ground Services Co., a unit of national ...
Tabreed calls Ordinary General Assembly to propose bonds buyback
(CPI Financial - 06/05/2015)
National Central Cooling Company PJSC (Tabreed), the Abu Dhabi–based regional district cooling utility company, today announced its intention to hold an Ordinary General Assembly (OGA) to present to shareholders a proposal to buy back 28 per cent of the ...
Zain Bahrain reports solid profits during Q1 2015
(Press Release - 05/05/2015)
Zain Bahrain (Ticker: ZAINBH), the most innovative operator in the Kingdom, has posted its financial results for the first quarter of 2015 ending 31 March 2015; recording a 39.42% margin in EBTIDA during the same period, reaching BD 6.951 million (US$ ...
Tabreed’s net profit up 5% at Dhs61 million
(The Gulf Today - 30/04/2015)
National Central Cooling Company (Tabreed), the leading Abu Dhabi-based regional district cooling company, on Wednesday released its 2015 first quarter consolidated financial results. The company’s performance was driven by its strong regional ...
man’s biggest Pilot Solar Project by Renaissance commissioned in Fahud
(Times of Oman - 28/04/2015)
Pilot Solar Project at the Renaissance Permanent Accommodation for Contractors (PAC) in Fahud was inaugurated on Monday by Salim bin Nasser Al Aufi, Undersecretary of Ministry of Oil & Gas, accompanied by His Highness Sayyid Tarik bin Shabib bin Taimur ...
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