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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Bahrain’s value of indigenous exports rises 103%

Bahrain exports $2.98bn worth of products during Q4 2022.
  • Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD77 million (around $205 million) from Bahrain
  • The United States was second with BD62 million (around $165 million) and the United Arab Emirates third with BD53 million (around $141 million)

The value of exports of national origin of Bahrain increased by 103 percent to BD386 million ($1.06 billion) during August 2021, compared to BD190 million ($505.32 million) for the same month of the previous year.

The figures came to light as the country’s Information & eGovernment Authority issued its foreign trade report of August 2021.

The report encompasses data on the balance of trade, imports, exports (national origin), and re-exports.

The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 79 percent of the total value, with the remaining countries accounting for 21 percent.

Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD77 million (around $205 million) from Bahrain.

The United States was second with BD62 million (around $165 million) and the United Arab Emirates third with BD53 million (around $141 million).

Unwrought aluminum alloys emerged as the top products exported during August 2021 with BD110 million (around $293 million).

Agglomerated iron ores and concentrates was second with a value of BD108 million (around $287 million) and unwrought aluminum, which is not alloyed, third with BD15 million (around $40 million).

The total value of re-exports increased by 31 percent to reach BD58 million (around $154 million) during August 2021, compared to BD44 million (more than $117 million) for the same month of the previous year.