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Agility achieves KD 14.9 mln in net profit in 1st half of '12   

Kuwait News Agency - 15 August, 2012

Agility Logistics Company announced on Tuesday that it has achieved a net profit of KD 14.9 million in the first half of this year, with profitability per share of 14.92 fils, compared to net profit KD 15.5 million in the same period last year.

The company said in a press statement that the net profit achieved in the second quarter of this year amounted to KD 7.8 million by 7.9 fils per share, while its total revenues amounted to KD 348.8 million, an increase of six percent over the same period last year.

The statement quoted the Chairman and Managing Director of Agility Tarek Al-Sultan as saying that the company's financial results showed that development efforts began to bear fruit, especially that earnings before interest, tax, depreciation and amortization improved by 36 percent compared to last year.

Al-Sultan added that the integrated international logistics services, which are the main sector in Agility, have seen an increase in revenue by one percent in the second quarter of this year compared to the same period last year.
 
Qatar Holding eyeing stake in Versace
Source : The Peninsula  
Date : 2013-05-19
Qatar Holding and an Italian state-controlled investment fund are interested in investing in Italian fashion house Versace, Il Sole 24 Ore said yesterday....
Saudi Cargo transports 630,000 juvenile fish
Source : Saudi Gazette  
Date : 2013-05-19
Saudi Airlines Cargo has successfully transported 630,000 juvenile sea bream fish from Larnaca (Cyprus) to Tabuk (Saudi Arabia). The operation, undertaken on behalf of Tabuk Fisheries via Sagro Aquaculture, required...
Doha banking system robust: QNB Group
Source : The Peninsula  
Date : 2013-05-19
The banking system in Qatar has been robust, with a compounded annual growth rate (CAGR) of 20 percent in assets from March 2008 to March 2012 and another 20 percent...
Bahrain real estate prices slump
Source : Gulf Daily News  
Date : 2013-05-19
Real estate prices in troubled areas of the kingdom could witness further declines, Bahrain Real Estate Society chairman Nasser Al Ahli said....
Dubai targets financial crimes
Source : Khaleej Times  
Date : 2013-05-19
Financial crime that was detected in Dubai topped Dh200 million during last year and the first quarter of this year, according to Dubai Police’s General Department of Anti-Economic crime....
RTA announces new online services
Source : Khaleej Times  
Date : 2013-05-19
The Roads and Transport Authority (RTA) wants people to make more use of the Internet, after having recently announced the eWallet service that offers companies and corporate customers online payment...
More investment in health sector needed
Source : Saudi Gazette  
Date : 2013-05-19
I do not know where the Kingdom ranks internationally in the domain of health investment but I believe that we are among the low-ranking countries in this field....
Illegal brokers inflating real estate prices, realtors say
Source : Saudi Gazette  
Date : 2013-05-19
Many real estate office owners in Jeddah complain that unlicensed people practicing the sale and renting of real estate are among the main causes for unchecked rises in real estate...
Alessa Industries to enter Qatar market
Source : The Peninsula  
Date : 2013-05-19
Alessa Industries Group, one of the leading integrated industrial conglomerates in Saudi Arabia, has announced their plan to expand into the Qatari market leveraging the huge potential offered by diverse...
Saudi mobile charges among the highest worldwide
Source : Arab News  
Date : 2013-05-19
Saudi mobile call charges are among the highest in the world, at around 35 halalas a minute compared to the world average of seven halalas a minute, according to surveys...
Technical analysis of the QE index
Source : Gulf Times  
Date : 2013-05-19
The QE Index breached its resistance level of 8,875.0 during the week to continue its uptrend. The index not only tagged a new 52-week high of 8,938.84 last week, but...
Asean business visa policy favourable for Qatar
Source : Gulf Times  
Date : 2013-05-19
Asean countries have made it gradually easier for GCC nationals to acquire visas from embassies or on arrival, or get visa exemptions for a longer stay in many of the...
Leading Muslim architect tapped for metro project
Source : Arab News  
Date : 2013-05-19
The ArRiyadh Development Authority has tapped the world's leading Muslim architect Zaha Hadid to design its metro station at the King Abdullah Financial District in Riyadh. Completion is expected in...
Intra-country trade 'will strengthen Islamic states'
Source : Arab News  
Date : 2013-05-19
Islamic banking now can boast a solid infrastructure and this will surely help it to push forward in international banking operations, says Ahmed Mohammed Ali, president of the Islamic Development...
Gold price dive encourages sales
Source : Arab News  
Date : 2013-05-19
Gold prices yesterday dropped to their lowest level for the second time in almost a month, sparking a shopping frenzy at gold shops across the Kingdom....
250 jobs for young Saudis in auto industry
Source : Arab News  
Date : 2013-05-19
The Saudi-Japanese Automobile High Institute (SJAHI) guaranteed 250 jobs for young Saudis in automotive technology this year....
Iran ready to implement industrial projects in Bangladesh: minister
Source : Tehran Times  
Date : 2013-05-19
Iran is ready to participate in the implementation of industrial projects in Bangladesh, the Iranian industry, mine and trade minister said, IRNA reported on Saturday....
Lebanon welcomes Iranian furnace oil, LPG
Source : Tehran Times  
Date : 2013-05-19
Lebanon has expressed interest in importing furnace oil and LPG from Iran, the Mehr News Agency reported....
South Pars gas field to attract $16b in fiscal year
Source : Tehran Times  
Date : 2013-05-19
Some $16 billion will be invested in Iran’s South Pars gas field in the current Iranian calendar year, Pars Oil and Gas Company Managing Director Mohammad-Reza Zohairi said on Saturday....
New role for insurance firm veteran
Source : Gulf Daily News  
Date : 2013-05-19
Bahrain Kuwait Insurance Company (BKIC) has announced the promotion of Sai Gopal as chief underwriting officer with immediate effect....
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Tue May 21, 2013| 11-رجب-1434هـ
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