Wednesday 23 April 2014
 
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H1

Emirates Investment Bank profits up 48pc in Q2

Emirates Investment Bank, an independent Dubai-based private investment bank, has reported Dh12.3 million ($3.3 million) net profit in the second quarter of 2013, up 48 per cent as compared to Q2 last year. It said the bank's

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Al Noor Hospitals H1 profit drops 24.4pc

Al Noor Hospitals, the Abu Dhabi healthcare firm which raised $342 million from a London listing in June, said total profit for the first half of the year fell 24.4 per cent, posting its first financial results as a publicly traded company.

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IGIH posts $21m profit for H1

International General Insurance Holdings (IGIH) has posted net profits of $21.12 million for the first half of this year, an increase of 74.5 per cent compared to $12.10 million for the same period in 2012. Wasef Jabsheh, vice cha

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Gulf Hotels H1 net profit rises to $15.6m

Gulf Hotels Group's net profit increased three per cent to BD5.9 million ($15.62m) for the first half of the year, compared with BD5.73 million for the same period last year, a report said. The group achieved gross operating r

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BBK net profit tops 8pc to hit $66m in H1

BBK registered an 8.2 per cent increase in net profit to BD25.2 million ($66.84m) for the first half of the year, compared with BD23.3 million for the same period last year, a report said. Earnings per share were up to 27 fils fro

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UIC posts $18.6m net profit in H1

United Industries Company (UIC), a member of the Kuwait Projects Company (Kipco) Group, posted KD5.32 million ($18.6 million) in net profit for the first half of 2013. The figure represents an increase of 112 per cent over the sam

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DFM net profit surges 138pc in H1

Dubai Financial Market (DFM) Company posted a net profit of Dh96.5 million ($26.27 million) for the first half of the year, compared to Dh40.6 million for the same period in 2012, registering an increase of 138 per cent. Chairman

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Bahrain Islamic posts $6.4m net profit in H1

Bahrain Islamic Bank has reported a net profit of BD2.4 million ($6.36m) for the first half of the year, after deducting BD5.7 million as provisioning. This compares with a net loss of BD15.8 million for the same period last year,

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NBB net profit surges 6.7pc to top $71m in H1

The National Bank of Bahrain (NBB) has announced a net profit of BD26.77 million ($71.20 million) for the six months of the year as against BD25.10 million for the same period last year, marking an increase of 6.7 per cent. For th

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Nass posts H1 profit of $16m

Bahrain-based construction and industrial group Nass Corporation has posted a net profit of BD6.063 million ($16.08m) for the first half of this year. The company posted a net profit of BD7.776 million in the first half of last year.

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