Friday 31 October 2014
 
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Net Profit

Emaar Malls Q3 net profit surges 55pc

Dubai's Emaar Malls Group (EMG), a unit of Emaar Properties, made a net profit of Dh321.18 million ($87.5 million) in the third quarter of the year, up 55.2 per cent from Dh206.97 million ($56.3 million) in the corresponding period of 2013.

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Ooredoo Oman 9-month net hits $76m

Omani Qatari Telecommunications Company (Ooredoo Oman) has posted a net profit of RO29.5 million ($76.4 million) for the first nine months of the year as against RO23.1 million ($59.8 million) in the same period of 2013. The rise

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Milaha Q3 net profit up 5.5pc to $225m

Qatar Navigation (Milaha), a leader in marine services, has posted a net profit of QR821 million ($225 million) for the first nine months of the year as against QR778 million ($213.5 million) for the same period in 2013, an increase of 5.5 per c

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Batelco Q3 net profit surges 40pc to $42m

Bahrain Telecommunications Co (Batelco) posted a 40 per cent rise in third-quarter net profit on Wednesday due to an improved performance in some of its foreign units and a group-wide cost-cutting programme. The former monopoly, w

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DFM nine-month net surges 246pc to $169m

Dubai Financial Market (DFM) Company has recorded a net profit of Dh621 million ($169 million) for the first nine months of the year, compared to Dh179.3 million ($47.3 million) in the same period of 2013, marking a 246 per cent increase.

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Mashreq Q3 net profit rises 26pc to $162m

Mashreq, Dubai's third-biggest lender by assets, made a net profit of Dh596.8 million ($162.5 million) for the third quarter of the year, a rise of 26 per cent on the Dh473.2 million ($128.8 million) during the corresponding period of 2013.

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Arab Bank’s 9-month net up 10pc to hit $614m

Arab Bank Group reported net profit after tax and provisions for the nine months period ending September 30 of $614.2 million, up by 10 per cent from $559.1 million in the same period last year. Sabih Masri, Arab Bank’s chai

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Dubai Investments Q3 net profit jumps 17pc

Dubai Investments has posted a net of Dh189.1 million ($51.5 million) in the third quarter of the year, compared with Dh161.1 million ($43.8 million) in the same period of 2013, marking an increase of 17.4 per cent. The conglomera

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Dubai Investments Q3 net profit jumps 17pc

Dubai Investments has posted a net of Dh189.1 million ($51.5 million) in the third quarter of the year, compared with Dh161.1 million ($43.8 million) in the same period of 2013, marking an increase of 17.4 per cent. The conglomera

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Saudi Electricity Q3 net profit drops 6.5pc

Saudi Electricity Co (SEC), the Gulf's largest utility firm, posted net profit of SR2.67 billion ($711 million) during the third quarter (Q3) of the year, compared to SR2.85 billion ($759 million) during the same period of 2013, marking a de

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