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FINANCIAL NEWS
Dubai-Arabtec Co. net profit drops at USD 12.63mn
15 May 2016
(MENAFN) Dubai’s Arabtec posted a narrowing Q1 net loss as revenue increased, while it had reported losses in the preceding five quarters.
Furthermore, the decline was attributed to increasing costs and tough market conditions, which reached USD 12.63mn in the cited quarter.
On the other side, last year the firm posted a decline of USD 76.17mn, while its quarterly income touched USD 0.52bn, against USD 0.48bn.
In addition, the firm has undergone main upheavals amid the past few years, which reached USD 35.8bn project to build one million homes in Egypt.
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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