Abu Dhabi-based Finance House (FH) has registered a consolidated net profit of Dh81.3 million ($22.1 million) for the first nine months of 2014, compared to Dh80.2 million ($21.8 million) in the corresponding period last year.
Emirates NBD, Dubai's largest lender, made a net profit of Dh1.56 billion ($424.7 million) in the third quarter (Q3) of the year aided by a fall in provisioning, compared to Dh775 million ($211 million) in the same period last year.
Doha Bank, Qatar's fifth-largest lender by assets, reported on Tuesday a 10 per cent increase in its net profit for the first nine months of the year.
The lender made QR1.1 billion ($301.8million) in the year-to-September 30,
Al Khaliji, a leading commercial bank in Qatar, has reported a net profit of QR145.9 million ($40 million) for the third quarter of 2014, representing an increase of 35 per cent over the same quarter of last year.
The net profit f
Nawras, Oman's No.2 telecom operator by subscribers, made a net profit of RO10.8 million ($28.1 million) in the three months to September 30 up from RO8 million ($20.7 million) in the year-earlier period, marking a rise of 35.9 per cent.
Dubai's Shuaa Capital third-quarter net profit increased six-fold due to improved performance from its asset management and investment banking businesses, it said in a statement on Monday.
Net profit in the three months ending
Qatar National Bank (QNB), the largest lender in the Gulf region, has announced net profit of QR8.0 billion ($2.2 billion) for the nine months of 2014, up by 12.6 per cent compared to last year.
QNB also maintained an efficiency r
Dubai-based developer Nakheel has posted a net profit of Dh2.60 billion ($707.7 million) for the first nine months of the year, a figure higher than its profit for the whole of 2013.
It reflects an increase of 47 per cent on the p
Mashreq has reported a 40 per cent increase in net profit for the first half, climbing to Dh1.16 billion ($315.8 million), compared with Dh828 million in the first half of last year.
Net profit in the second quarter reached Dh585
Global marine terminal operator DP World has reported profit attributable to owners of the company before separately disclosed items of $332 million for the six months to 30 June, 40.8 per cent ahead of the first half of 2013 on a like-for-like