Gulf Bank records Net Profit of KD 14.3 million for the First Half of 2013
Gulf Bank announced a net profit of KD 14.3 million for the first half of 2013, an increase of 12%, against KD 12.8 million for the same period last year.
List of all articles filed under “company-news-advertisment” category.
Gulf Bank announced a net profit of KD 14.3 million for the first half of 2013, an increase of 12%, against KD 12.8 million for the same period last year.
KIPCO Asset Management Company (KAMCO), Gulf Bank, and Burgan Bank were the Joint Lead Managers of the Issue.
The value of the Eldorado Hill Office, Caixa Construções’ commercial building, has increased to almost 80% shortly before the delivery of the building.
In the last few years the real estate market has gone through a vast expansion. There has been a greater concentration of new housing in states where the growth is also exponential.
According to the ‘Luxo, Demografia e Estilo de Vida no Brasil’ (‘Luxury, Demographics and Lifestyle in Brazil’) report from the North American company Bain and Company, this market is increasing in Brazil by more than 20%.
MENA’s GDP growth is forecasted to moderate to 3.1% in 2013, announces Global Investment House.
GDP in GCC countries is expected to grow by 3.7% in 2013 with 5.5% growth in the non-oil sector and no growth in the oil sector, announces Global Investment House.
Kuwait GDP estimated to grow by 1.1% in 2013 as oil prices and production stabilizes, exports remain subdued, and government expenditure slows down, announces Global Investment House.
Qatar GDP grew by 6.6% in 2012; 2013 GDP growth expected at 5.2%, announces Global Investment House.
Oman GDP grew by 5.0% in 2012; expected to grow further by 4.2% in 2013, announces Global Investment House.