TAMEER reports record profits

Published November 8th, 2005 - 08:17 GMT
Al Bawaba
Al Bawaba

The Bahrain-based Al-Khaleej Development Company (TAMEER) reported profits of US$12.4 million for the third quarter of the current year at a 666 percent increase over the same period the year before. Deputy Board Chairman and Managing Director Ahmad Al-Qattan told KUNA the results are in line with record profits since the start of the year and policies of seeking investment opportunities to land added value.