Monday 24 November 2014
 
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Net Profit

Shuaa Capital Q3 net profit jumps six-fold

Shuaa Capital, a Dubai-based financial services provider, has posted a net profit of Dh26.2 million ($7.13 million) during the third quarter of the year as against Dh3.6 million ($978 million) during the same period of 2013, marking a six-fold i

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Aldar to spend $1.08bn in short-term on projects

Aldar Properties plans to spend up to Dh4 billion ($1.08 billion) in the shortterm, its chief financial officer said on Thursday, after Abu Dhabi's largest property developer reported a 41 per cent jump in third-quarter profit.

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Kipco Q3 net profit rises 26pc to $35m

Kuwait Projects Co (Kipco), the Gulf state's largest investment company, posted a 26 percent rise in third-quarter net profit on Tuesday. Kipco made a net profit of KD10.1 million ($34.8 million) in the three months to Sept. 3

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Adib Q3 net profit jumps 20.5pc to $129m

Abu Dhabi Islamic Bank (Adib) has reported a net profit of Dh476.8 million ($129.78 million) for the third quarter (Q3) of the year, as against Dh395.5 million ($107.6 million) in Q3 2013, marking a rise of 20.5 per cent. The fina

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Mobily Q3 net profit plunges 71pc to $126m

Saudi Arabia's Mobily reported a 71 per cent tumble in third-quarter net profit on Monday, missing analysts' estimates, after the kingdom's second biggest telecom operator took provisions for bad debts and impairments on its investme

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Burgan Bank net profit soars 177pc to $167m

Burgan Bank Group has posted a net income of KD48.7 million ($167.5 million) for the first nine months of the year, reflecting an increase of 177 per cent over the corresponding period of 2013. Operating income surged to KD200.8mi

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Emaar Malls Q3 net profit surges 55pc

Dubai's Emaar Malls Group (EMG), a unit of Emaar Properties, made a net profit of Dh321.18 million ($87.5 million) in the third quarter of the year, up 55.2 per cent from Dh206.97 million ($56.3 million) in the corresponding period of 2013.

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Ooredoo Oman 9-month net hits $76m

Omani Qatari Telecommunications Company (Ooredoo Oman) has posted a net profit of RO29.5 million ($76.4 million) for the first nine months of the year as against RO23.1 million ($59.8 million) in the same period of 2013. The rise

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Milaha Q3 net profit up 5.5pc to $225m

Qatar Navigation (Milaha), a leader in marine services, has posted a net profit of QR821 million ($225 million) for the first nine months of the year as against QR778 million ($213.5 million) for the same period in 2013, an increase of 5.5 per c

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Batelco Q3 net profit surges 40pc to $42m

Bahrain Telecommunications Co (Batelco) posted a 40 per cent rise in third-quarter net profit on Wednesday due to an improved performance in some of its foreign units and a group-wide cost-cutting programme. The former monopoly, w

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