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BUSINESS

BUSINESS latest

KIB Group reports net profit of KD 17.5 million for H1 of 2026
July 27th, 2026 - 03:58 GMT

KIB Group reports net profit of KD 17.5 million for H1 of 2026

Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB), announced the Group’s financial results for the first half (H1) of 2026 ended 30 June 2026. KIB Group achieved net profit attributable to shareholders amounting to KD 17.5 million, compared to KD 14.8 million in H1 2025, reflecting a growth of 18%. Earnings per share (EPS) stood at 8.32 fils, compared to 6.77 fils for the same period last year. Total operating income was almost KD 51 million, marking a growth of 10% compared to the first half of 2025 ...
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The facilities were built about 90 years ago and were used to store oil shipped through a pipeline from the northern Iraqi city of Kirkuk. (Shutterstock)
January 27th, 2019 - 08:33 GMT

Lebanon Signs With Rosneft to Operate Oil Installations in Tripoli

Deyaar Property Management is ISO 9001/2015 certified and manages a portfolio of over 24,000 units in more than 1,500 buildings across the UAE, ensuring an occupancy rate of more than 97 per cent.
January 27th, 2019 - 08:22 GMT

Deyaar Signs Property Management Agreement for Belhasa’s Properties

Riyadh will announce projects in the program worth 70 billion riyals this coming Monday and  the program aims to boost industry, mining, energy and logistics. (Shutterstock)
January 27th, 2019 - 08:21 GMT

Saudi Arabia Aims to Attract $427 Billion Worth of Industrial Investments

Cases can be presented to a judge through the smart system and a decision can be handed out right then and there. (Shutterstock)
January 27th, 2019 - 08:10 GMT

Rent Defaulters in Dubai Can Lift Travel Ban by Paying the Debt at Airport

During the event
January 27th, 2019 - 08:08 GMT

Dubai Maritime City Authority Participates at Middle East Bunkering Convention 2019

Iran’s crude steel industry has remained in good shape despite the US sanctions, and managed to push aside Italy, Taiwan and Ukraine to take the 10th place among the world’s producers of crude steel. (Shutterstock)
January 27th, 2019 - 08:01 GMT

Report: Iran Ranks 10th as Biggest Producer of Crude Steel Globally in 2018

Toyota GR Supra
January 27th, 2019 - 07:58 GMT

Toyota Premieres All-New Supra at Detroit Auto Show

The lender's shares were last trading at Dh0.999 per share on Abu Dhabi Securities Exchange. (Shutterstock)
January 27th, 2019 - 07:37 GMT

UAE Suspends Share Trading in One of Its Main Local Banks

The 10th of July 2019 marks Bentley’s 100th year
January 27th, 2019 - 07:25 GMT

Bentley to Introduce Celebratory Centenary Model

During the event
January 27th, 2019 - 07:16 GMT

Georgetown Palliative Care Conference Concludes With Renewed Commitment

The Authority also mentioned that these procedures can be completed within few minutes through simple steps via the e-Services portal, available 24/7 on the Authority’s website (www.tax.gov.ae).
January 27th, 2019 - 07:03 GMT

FTA: Ceasing to Make Taxable Supplies or a Drop in the Value of Said Supplies Below Dh187,500 in the Previous Consecutive 12 Months

During the event
January 27th, 2019 - 06:38 GMT

Sohar International Records Over 93 Percent Omanization Rate by End 2018

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