01 Aug 2012
(MENAFN) Abu Dhabi-based investment firm Waha Capital reported a USD3.4 million net loss during the second quarter, compared to a USD1.63 million profit a year earlier, reported Reuters.
Waha said it set aside USD4.35 million for doubtful loans and receivables, in addition to USD1.9 million towards impairment of operating lease assets in the first half of this year, the company said.
Quarterly operating income increased to USD9 million from USD5.9 million a year earlier, the company said.
First half profit, however, declined by 90 percent to USD952.65 million from a year earlier.
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more