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Shuaa Capital Q2 net profit up 21pc to $3.97mDubai-based Shuaa Capital, a leading financial services provider, has posted a net profit of Dh14.6 million ($3.97 million) for the second quarter (Q2) of the year, as compared to Dh12.1 million for Q2 2017, marking a rise of 21 per cent. More… |
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NCB net profit edges down 2.6pc in Q2Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, posted a 2.6 per cent fall in second-quarter net profit on Thursday, missing analysts' forecasts as fee income weakened and operating expenses rose. More… |
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EFG Hermes swings to $26m Q2 profitEFG Hermes, one of the largest investment banks in the Middle East, posted a net profit of 188 million Egyptian pounds ($26.3 million) in the second quarter of 2014 after a net loss of 80 million pounds in same quarter last year. More… |
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EFG Hermes swings to $4.2m loss in Q2Egypt-based EFG Hermes, leading investment bank in the Arab world, suffered a net loss of EGP29 million ($4.2 million) in the second quarter compared to EGP71.2 million net profit a year earlier, it said on Sunday. The firm report More… |
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Arabtec swings to Q2 profit of $25 millionDubai's largest contractor Arabtec swung to a profit in the second-quarter of Dh92.4 million ($25.16 million), compared with a loss of Dh11.6 million in the corresponding period in 2012, it said in a bourse statement on Thursday. More… |
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Deyaar Q2 net profit rises 47pcDubai property developer Deyaar on Sunday reported a 47 percent rise in second-quarter net profit as it gained from lower costs and fair-value adjustments of prices for its investment properties. Deyaar, one of the companies worst More… |
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Ooredoo Q2 net profit soars 44pc to $253mQatar telecoms group Ooredoo reported a 44 percent jump in second-quarter net profit on Tuesday, beating analysts' estimates. The former monopoly, which operates in about 16 countries across the Middle East, Africa and Asia, m More… |
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Emaar nets $184 million in Q2, up 10pcDubai-based Emaar Properties has posted a net profit of Dh675 million ($184 million) for the second quarter of 2013 as against Dh614 million net profit for the corresponding period of 2012, marking an increase of 10 per cent. The More… |
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Kuwait Zain Q2 net profit falls 14pcKuwaiti telecom operator Zain reported a 14 percent fall in its second-quarter net profit on Sunday to 61 million dinars ($214 million), mainly because of a currency loss in Sudan, according to Reuters calculations based on its first-half earnin More… |
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Alba’s net income drops 42 per cent in Q2Aluminium Bahrain (Alba) has posted a net income BD20.7 million ($55 million) for the second quarter of the year, a drop of 42 per cent from BD35.6 million of Q2 2012, driven by unrealised derivative gains as well as lower metal prices. More… |
