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Development Works Food swings to net profit of SAR 3 mln...
17/08/2021 Argaam Exclusive Development Works Food Co. (DWF) turned to a net profit after Zakat and tax of SAR 3 million for the first half of 2021, against a net loss of SAR 6 million a year earlier. The positive results were driven by DWF’s exit from unprofitable business lines and its focus on activities…
Saudi Cable narrows net loss to SAR 55.1 mln in H1...
17/08/2021 Argaam Exclusive Saudi Cable Co. trimmed net loss after Zakat and tax to SAR 55.1 million in H1 2021, from a net loss of SAR 59.8 million in the year-earlier period, driven by lower expenses and increased profit share from associates. The company’s Q2 2021 net loss widened to SAR 19.2 million in Q2…
Macrotech Developers to meet Rs 9,000-cr property sales target in FY22
The company's sales bookings stood at Rs 5,970 crore last fiscal year Topics Macrotech Developers | Lodha Developers | Real Estate Realty firm Macrotech Developers expects to achieve its target of 50 per cent growth in sales bookings this fiscal to Rs 9,000 crore despite sluggish housing demand in April-May in view of second wave of the Covid-19 pandemic,…
Several rockets hit Kandahar airport in Taliban-led violence: Report
Taliban fighters struck Kandahar airport in southern Afghanistan with at least three rockets overnight, the insurgent group’s spokesman said on Sunday, adding that the aim was to thwart air strikes conducted by Afghan government forces. “Kandahar airport was targeted by us because the enemy were using it as a centre to conduct air strikes against…
SEIS allocation will help tourism-related services
Giving a substantial part of the meagre allocation under SEIS to hotels, restaurants and other tourism-related service providers against their NFE earnings in 2019-20 will help them cope with distress Topics tourism sector | Finance Ministry | Exports A few weeks back, the Finance Ministry gave concurrence to the proposal of the Commerce Ministry for continuation of Services Exports…
Tokyo Olympics 2021: Simone Biles will not participate in floor final
USA Gymnastics on Sunday announced that the six-time Olympic medallist Simone Biles will not participate in the floor final. "Simone has withdrawn from the event final for floor and will make a decision on beam later this week. Either way, we're all behind you, Simone," USA Gymnastics tweeted. Jennifer Gadirova of Great Britain will replace…
Sri Lanka receives 728,460 doses of AstraZeneca vaccine from the COVAX
This is the third consignment of Covid vaccines received by Sri Lanka under the COVAX Facility Topics sri lanka | Coronavirus Vaccine AP | Colombo Last Updated at August 1, 2021 09:37 IST AstraZeneca Covid-19 vaccine Sri Lanka received 728,460 doses of AstraZeneca from the COVAX program on Saturday. The consignment was flown as part of the…
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Business
Shohei Ohtani HBP gets White Sox manager La Russa, pitcher Wright...
Los Angeles Angels star Shohei Ohtani was hit by a pitch as he batted during a game Thursday night. Now two members of the Chicago White Sox are paying the price.Major League Baseball on Saturday suspended Chicago manager Tony La Russa and pitcher Mike Wright, alleging that Wright had intentionally thrown at Ohtani during the…
Wisconsin-Minnesota SUV murders: Second suspect nabbed in Arizona, report says
A second suspect sought in connection with the shooting deaths of four Minnesota people last weekend has surrendered in Arizona, according to a report.Antoine Suggs, 38, turned himself in Friday to authorities in Gilbert, Arizona, after being linked to a case in which four St. Paul, Minnesota-area residents were found shot to death in an…
4 Connecticut cops in Las Vegas crash; 1 dead, 1 facing...
A Connecticut police officer was being held on $100,000 bail Saturday, accused of being an impaired driver following a Las Vegas crash that left a fellow officer dead, according to reports.New Haven police Officer Robert Ferraro, 34, a six-year member of the force, was at the wheel of a 2020 Rolls Royce with three other…
Murdaugh housekeeper’s heirs are owed at least $3M more, lawyer claims
Insurance settlements totaling at least $3 million may have been shifted from the estate of the late housekeeper of South Carolina attorney Alex Murdaugh, an attorney representing the state says, according to a report."There were at least $3 million in other insurance payments due to the heirs of Gloria Satterfield, and we’re going to be…
Dan Bongino raises questions about the Russia investigation’s origins following first...
Dan Bongino questioned what Hillary Clinton know about the Russia "collusion hoax," and whether the conspiracy was "larger than we thought" following the first indictment Special Counsel John Durham's probe looking into the origins of the Russia investigation Saturday on "Unfiltered with Dan Bongino." DAN BONGINO: Did you see the indictment that came out on Friday?…
LATEST ARTICLES
Premium 5G iPhones and memberships move Apple sales
Apple said on Tuesday that iPhone sales were $39.57bn in its third fiscal quarter, up nearly 50 percent from a year earlier and above analyst expectations.Apple Inc on Tuesday reported quarterly sales and profits that beat analyst expectations as consumers bought premium versions of its 5G iPhones and signed up for the company’s subscription services.…
Ivory Coast leader Ouattara satisfies competing, states crisis ‘behind us’
Alassane Ouattara met former President Laurent Gbagbo a decade after Ivory Coast’s deadly post-electoral violence that killed more than 3,000 people.Ivory Coast President Alassane Ouattara offered a hearty welcome to his predecessor Laurent Gbagbo on Tuesday as the rivals met for the first time since the West African country’s deadly 2010-11 conflict. Gbagbo, 76, has…
Israeli defence minister to share findings on NSO with France
Benny Gantz will share government assessment with France, whose president was allegedly among targets of spyware sold by Israeli company.Israel’s defence minister will share on Wednesday the initial findings from a government assessment of NSO Group exports with France, whose president was allegedly among targets of spyware sold by the private Israeli spyware company. President…
Beijing crackdown triggers record slide in US-listed China stocks
The Nasdaq Golden Dragon China Index, which tracks 98 of China’s biggest firms listed in the United States, has plunged about 20 percent over the last three trading days, its biggest such drop on record.The slump in U.S.-listed Chinese shares accelerated Tuesday, wrapping up another day of losses, as investors shunned the assets amid a…
North and South Korea bring back severed cross-border hotline
Surprise thaw comes following exchange of letters between leaders in Seoul and Pyongyang.South and North Korea have restored cross-border communications, just over a year since the hotline was cut off, in a surprise move that the two countries said was part of an effort to rebuild trust. The decision was announced in statements by South…