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Al Meera records QR49.4m net profit in Q1 (The Peninsula - 28/04/2016)

Al Meera Consumer Goods Company (Al Meera) has reported a net profit of QR49.4m for the first quarter (Q1) of the current financial year ended March 31, 2016, up 14.6 percent compared to QR43.1m for the same period in 2015. The sales of Al Meera in Q1

Oman Fisheries plans separate subsidiary, to outsource major activitie (Times of Oman - 27/04/2016)

Oman Fisheries Company, which is 24 per cent owned by the government, plans to start a new company exclusively for fishing. There are also plans to outsource several activities to reduce cost of operation and to enhance efficiency. Further, plans are

Savola cuts dividend after profit plunges 80.3% (Arab News - 21/04/2016)

Saudi food producer Savola Group, the country's largest food products company, slashed its dividend after reporting a 80.3 percent fall in first-quarter net profits, missing analysts' forecasts. It is the latest Saudi retailer to report poor earnings

Dubai Parks and Resorts offers shares at Dh1 to existing holders (Emirates 24/7 - 19/04/2016)

Further to its announcement on March 27, Dubai Parks and Resorts has today announced the launch of a Rights Issue intended to raise Dh1.68 billion to primarily finance the development of a Six Flags theme park within the Dubai Parks and Resorts

Saudi's Almarai seeking controlling stake in UAE's National Food Produ (Khaleej Times - 18/04/2016)

Saudi Arabia's Almarai wants to buy a controlling stake in the United Arab Emirates' National Food Products Co (NFPC), the Riyadh-listed firm said on Sunday. NFPC has invited Almarai, the Gulf's largest dairy company, to conduct due diligence as part of

CATERING entering into 2 contractual relations with Al Bayraq Airlines (Tadawul - 14/04/2016)

Saudi Airlines Catering Company (SACC) announces the entering into two contractual relations with Al Bayraq Airlines, which is run by Saudia Private Aviation Company (SPA) on the 14TH April 2016 for the purpose of in-flight catering services and

Dubai Parks and Resorts PJSC secures AED 993 mil in syndicated debt (Press Release - 12/04/2016)

Dubai Parks and Resorts (“DPR” or “the Company”) today announces it has secured AED 993 million (US$ 270 million) of debt financing to fund part of the proposed Six Flags branded theme park which would further enhance the Dubai Parks and Resorts

Almarai Q1 net profit up, in line with forecasts (Reuters - 10/04/2016)

Higher sales helped Saudi Arabia's Almarai to post a marginal rise in first-quarter net profit on Sunday, though the Gulf's largest dairy company warned of challenging market conditions in the face of the region's economic slowdown. Saudi companies are

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