REUTERS Saudi Arabia’s Alinma Bank reported a 12.1 percent rise in second-quarter net profit on Thursday, in line with the average forecasts of analysts, as expenses dropped. Net profit in the three months to June 30 was 409 million riyals ($109.1 million), compared to 365 million riyals in the same period last year, it said in a bourse statement. ...

  TNS Bracing up to ensure a peaceful and smooth Haj this year, the Ministry of Health has designed several methods such as e-applications and awareness booklets to benefit pilgrims during Haj. This is besides the regular arrangements like wearing bracelets etc. for their location and safe return. Haj preparatory committees held their 22nd meeting in the ministry’s bureau in ...

  REUTERS Gulf Bank, Kuwait’s fourth-largest lender by assets, reported a 34.4 percent rise in second-quarter net profit on Sunday, as income from fees and investments edged higher. Net profit for the three months to June 30 was 11.93 million dinars, compared to 8.88 million dinars in the year-earlier period, a bourse filing said.Arqaam Capital had forecast Gulf Bank would ...