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Al-Tayyar posts 6.8% increase in Q3 profit

Saudi-based Al-Tayyar Travel Group has said its third-quarter net profit climbed 6.8%, thanks to 11% rise in sales and 43% jump in revenues from airlines incentives, Reuters has reported. The firm made a net profit of SR214.9m ($57m) in the three months to September 30, up from SR201.3m in the same period of 2012, the company said.