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FINANCIAL NEWS
Qatar Airways profit up to USD0.82bn
12 Jul 2016
(MENAFN) Qatar Airways operating profit for this year increased almost three times higher than last year, which reached USD0.82bn in 2016 and USD0.30bn in 2015.
Moreover, the firm posted a net profit of USD0.43bn, resulting in a net profit margin of 4.5 percent, while last year net profit was 1.1 percent.
However, the group reduced its expenses by 1.5 percent and increased its cash and bank balance from USD1.51bn to USD3.29bn.
In addition, Qatar Airways Cargo grew its dedicated freighter destinations to 54, adding Dallas, Budapest, Prague, Ho Chi Minh City and New York to the network.
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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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