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FINANCIAL NEWS
Milaha’s net profit hits USD178.57m in H1
28 Jul 2015
(MENAFN) Qatar Navigation (Milahad) announced logging a net profit of USD178.57 million in the first six months of the year, up 26 percent from the year-ago period, The Peninsula Qatar reported.
Meanwhile, operating revenues increased 22 percent to USD414.2 million in the January-June period, increasing from USD340.14 million on-year. Operating profits rose 31 percent to USD121.24 million.
Milaha’s Maritime & Logistics’ revenue expanded by 27 percent, while net profit increased 119 percent, attributed mainly to the company’s port and container shipping business.
Offshore revenue grew by 41 percent and net profit expanded by 151 percent despite weak market conditions driven by the steep decline in oil prices and the cutbacks on capital spending.
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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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
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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