Wednesday 22 November 2017
 
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Revenue

Marka posts $6m net loss for Q3

Marka, the UAE's first publicly traded retail operator, has posted a net loss of Dh22 million ($5.98 million) for the third quarter of the year compared to a net loss of Dh126 million in the second quarter. The company reporte

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Emaar's nine-month profit surges 20pc to $1.2bn

Leading property developer Emaar Properties has recorded a Dh4.35 billion ($1.18 billion) net profit for the first nine months (January to September), up 20 per cent over the net profit of Dh3.62 billion ($986 million) for the same period in 201

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Emirates Group H1 revenue hits $13.4bn

The Emirates Group has registered a revenue growth of Dh49.4 billion ($13.4 billion) for the first six months of its 2017-18 financial year, up 6 per cent from Dh46.5 billion ($12.6 billion) during the same period last year. Profi

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RAK Ceramics' core revenues surge 14pc in Q3

UAE-based RAK Ceramics, one of the largest ceramics brands in the world, said its core revenues for the third quarter surged by 14.1 per cent to Dh643.6 million ($175 million) compared to the previous year, mainly driven by strong growth in the

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RAK Ceramics' core revenues surge 14pc in Q3

UAE-based RAK Ceramics, one of the largest ceramics brands in the world, said its core revenues for the third quarter surged by 14.1 per cent to Dh643.6 million ($175 million) compared to the previous year, mainly driven by strong growth in the

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SABB's nine-month net profit down 1.2pc

The Saudi British Bank (SABB), a leading financial institution in the kingdom, has recorded a net profit of SR3.25 billion ($866 million) for the first nine months, down 1.2 per cent (or SR40 million) compared to SR3.29 billion ($876 million) fo

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Zain Bahrain's Q3 net profit up 8.3pc

Zain Bahrain, a leading telecommunications services provider in the kingdom, has announced an 8.3 per cent growth in its net profit for the third quarter which soared to BD1.3 million ($3.4 million) as the operator’s digitization efforts c

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Deyaar's revenues surges 96pc in Q3

Deyaar Development, a leading property developer in the UAE, said its revenue for the third quarter in 2017 surged 96 per cent to Dh512 million ($139 million) over Dh261 million for the same period last year. The increase is mainl

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UAE's facilities management market to hit $6.6bn

The UAE's facilities management (FM) industry is set to register solid growth over the next five years with its revenue likely to hit Dh24.34 billion ($6.62 billion) by 2022 posting a robust double-digit CAGR (compound annual growth rate) of

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Abu Dhabi Airports posts 65pc jump in operating profit

Abu Dhabi Airports Company (ADAC) has posted a whopping 65 per cent increase in operating profit from January to August. This announcement comes after the company’s executive team weekly meeting that took place at Al Ain Int

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