Commercial Services - News
Agility Q2 net profit up 11pc to $50m
(Reuters - 08/08/2016)
Kuwait's Agility, one of the largest Gulf logistics companies, reported an 11 percent rise in second-quarter net profit on Sunday. The firm's net profit in the three months to June 30 was KD15 million ($50 million), compared with 14 million dinars in the ...
Zain Bahrain launches mobile deal for social media
(Trade Arabia - 27/06/2016)
Zain Bahrain, a leading telecom operator in Bahrain, has launched its new postpaid packages for mobiles, which allows customers to consume social media applications without any data charges beyond their initial subscriptions. The new ‘Truly Unlimited ...
Kuwait suspends trading in Agility shares
(Trade Arabia - 23/06/2016)
Shares in Kuwait's Agility were suspended on Wednesday until the company responded to what was published in news reports, the Kuwaiti bourse said in a statement without specifying the nature of the press articles. The largest Gulf logistics group, ...
Zain Bahrain introduces therapeutic advice service
(Trade Arabia - 16/06/2016)
Telecom firm Zain Bahrain recently launched ‘From the Heart’, a first-of-its-kind therapeutic advice service which customers can receive via SMS. The service consists of exclusive text, audio and video clips from Saudi psychiatrist Dr Tariq Al-Habeeb as ...
Zain in push to grab leading role in digital lifestyle sector
(Gulf Daily News - 29/05/2016)
Zain Bahrain is making a pitch to grab a leading role in the “digital lifestyle”, says the company’s marketing director Roland Loestcher. Responsible for the company’s strategic and tactical marketing activities, Mr Loestcher told the GDN in an ...
Agility’s first quarter net profit rises 11%
(Gulfnews - 10/05/2016)
Logistics services company Agility said on Monday its first-quarter net profit rose 11 per cent to be at Dh13.5 million. The company posted a 9 per cent fall in operating revenues at DhDh298 million in the three months to March, it said in a statement ...
Amanat HoldingsAnnounces Net Profit to AED 9.5 million
(Press Release - 08/05/2016)
Amanat Holdings PJSC (“Amanat”), the region’s largest integrated healthcare and education company, today announced a net profit of AED 9.5 million for the first quarter of 2016, compared to AED 1.5 million reported for Q1 2015. Amanat’s total revenue for ...
Zain Bahrain posts $2.4m Q1 profit; LTE usage surges
(Trade Arabia - 24/04/2016)
Zain Bahrain, a key telecoms provider in the kingdom, posted a BD917,000 ($2.4 million) net profit for the three-month period ending March 31, 2016, as data usage through its state-of-the-art 4G LTE network surged by 121 per cent, the company said. The ...
Amanat acquires 16.02% in an education portfolio through Madaares
(CPI Financial - 18/04/2016)
Amanat Holdings PJSC announced today that it has acquired, through one of its subsidiaries, a 16.02 percent stake in Madaares PrJSC for AED 139.4 million. Through acquiring this stake, Amanat is now among Madaares five largest shareholders. Founded in ...
Kuwait’s Agility beats quarterly profit expectations
(The National - 28/03/2016)
Agility, the Kuwaiti logistics firm, posted a 5 per cent increase in net profit in the fourth quarter last year, beating analyst expectations, as it set a target of reaching earnings before tax, interest, taxes, depreciation and amortization (Ebitda) of ...
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