MANAMA: Eskan Bank, Bahrain's housing bank, achieved a net profit of BD3.95 million ($10.5m) for the first nine months this year, an increase of 48
per cent compared to BD2.6m for the corresponding period of the previous year.
For the third quarter of 2010, the...

MANAMA: United Gulf Bank (UGB), the asset management and investment banking platform of the Kipco Group, saw net profit in the first nine months
of the year jump 128 per cent to $41.4 million.
Net profit for the third quarter was up 218pc to $9.9m.

Najm Visa cardholders record 50+ percent of their usage at Carrefour and other supermarkets

Dubai, United Arab Emirates - From July 2010, shoppers in the UAE have increased their purchases of electronics by up to 20 per cent, home furnishing by up to 10 per cent...

TransPerfect, the world’s largest privately held provider of translation services, today announced the opening of its second office in France, located in Lyon. With the addition of this location, TransPerfect expands its global footprint to 17 cities in Europe and 62 cities worldwide.

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•    We believe there has been a decline in Tabreed's stand-alone credit profile (SACP) since the last downgrade in February.
•    In addition, we are revising our view of timely extraordinary government support for the United Arab Emirates-based district cooling company to "low" from...