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H1 profit

110 UAE listed firms post $8.7bn net profit in H1

A total of 110 listed companies in the UAE reported profits worth Dh31.9 billion ($8.68 billion) during the first half (H1) of the year, as compared to Dh32 billion in the corresponding period last year, a report said. The positiv

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110 UAE listed firms post $8.7bn net profit in H1

A total of 110 listed companies in the UAE reported profits worth Dh31.9 billion ($8.68 billion) during the first half (H1) of the year, as compared to Dh32 billion in the corresponding period last year, a report said. The positiv

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Waha Capital H1 net profit hits $49.8m

Waha Capital PJSC, a leading investment company based in Abu Dhabi, UAE has reported a net profit of Dh183.1 million ($49.8 million) for the first half (H1) of 2017. The asset management division continued to deliver healthy retur

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Sharjah Islamic H1 net profit rises by 6.2pc

Sharjah Islamic Bank, SIB, has posted a net profit of Dh272.9 million ($74.2 million) for the first half of 2017 compared to Dh257.0 million for the same period last year, with an increase of 6.2 per cent, a report said. Total ass

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SNIC H1 net profit rises 29 per cent

Bahrain-based insurer Saudi National Insurance Company (SNIC) has posted 29 per cent increase in net profit to BD291,000 ($766,600) for the first half of the year as against BD225,000 for the same period last year, reported the Gulf Daily Ne

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Seef Properties H1 profit rises 3.2pc

Bahrain-based Seef Properties, an operator of malls, has announced a 3.2 per cent increase in net profit for the first half of the year at BD4.49 million ($11.91 million), compared with BD4.35 million ($11.54 million) for the same period last ye

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Qatar developer UDC posts $97m H1 profit

Qatar-based United Development Company (UDC), master developer of The Pearl-Qatar, has posted a net profit of QR353 million ($97 million) for the first half of 2016. The net profit attributed to the equity holders of the Company s

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Investcorp seeks more deals as H1 profit rises

Bahrain-based Investcorp will seek further opportunities to acquire businesses, its co-chief executive said on Wednesday, after the alternative investment fund posted a 12 per cent rise in first-half net profit. Investcorp bought

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Ithmaar Bank H1 net profit soars 634pc

Ithmaar Bank, a Bahrain-based Islamic retail bank, has posted a net profit of $13 million for the first half of 2015, as compared to a net profit of $1.77 million for the same period last year, marking a rise of 634 per cent. Net

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Mubadala H1 profit up 23pc on JV income

Mubadala, the Abu Dhabi state-owned investment fund with a mandate to develop the emirate's economy, posted a 23 per cent increase in profit for the first half of 2014, aided by higher income from its joint ventures. Mubadala,

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