BBAC’s profit down by 2.6 percent decline
Beirut - Arabstoday
BBAC’s 2012 first half net profits reached $21.9 million, declining by 2.6 percent from a total of $22.5 million recorded in the same period of 2011. Total operating expenses rose by 11.2 percent year-on-year to $31 million in the first six months of 2012, with staff expenses reaching $16.5 million, 14 percent higher than reported in the same period of 2011. BBAC’s assets totaled $4.6 billion at end-June 2012, up by 5.4 percent from $4.3 billion at end-2011. Net loans and advances stood at $1.2 billion at end-June 2012, 7 percent higher than the total of $1.1 billion at end-2011. Customer deposits amounted to $4 billion, up by 5.4 percent from $3.8 billion at end-2011. From DailyStar
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meeting
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 06:15 2018 Tuesday ,23 January
Volkswagen clinches record sales
GMT 09:54 2018 Wednesday ,24 January
'Friendly and kind' N. Korean skaters
GMT 10:18 2018 Thursday ,30 August
Iran incapable of closing Hormuz, Bab Al Mandeb
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 00:30 2017 Friday ,27 October
Army kills mercenary sniper in Baidha
GMT 05:17 2024 Wednesday ,07 February
Amazon to open first cashierless shop
GMT 14:48 2017 Tuesday ,19 September
UN chief urges Myanmar to halt military campaign
GMT 02:17 2017 Saturday ,17 June
Saudi minister working on list of Qatar 'grievances'
GMT 07:08 2017 Thursday ,05 October
Uber boss holds 'constructive' London talks after ban
GMT 17:58 2016 Friday ,09 September
UN: Increased Israeli Attacks On Civilians in Gaza
GMT 13:56 2017 Saturday ,19 August
Arab Strategy Forum announces Geopolitical and Economical Analysis
GMT 07:49 2017 Thursday ,08 June
Flights to Qatar set to be longer, costlier
GMT 08:48 2017 Wednesday ,10 May
Future Innovators Academy graduates first Emirati batch
GMT 17:36 2017 Wednesday ,18 October
Sultan bin Zayed Centre organises lecture on hate speech in the mediaGMT 23:27 2012 Thursday ,03 May
Ripples of revolt over tyranny of economic data
GMT 14:12 2014 Thursday ,21 August
NBAD in Americas renamed, strong service continues
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor