Sunday 19 November 2017
 
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Net Profit

EFG Hermes Q3 profit surges 476pc to top $13m

EFG Hermes, a leading financial services corporation in Mena, posted a net profit of EGP237 million ($13.4 million) after tax and minority interest for the third quarter (Q3) of the year, marking an increase of 476 per cent. The G

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Sodic 9-month net profit up 98pc to $28m

Egypt-based Sodic (Sixth of October Development & Investment Company) has posted a net profit of EGP507 million ($28.7 million) up 98 per cent year-on-year (YoY) for the first nine months of the year. Net profit margin came in

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GFH Group swings to Q3 net profit

Bahrain-based GFH Financial Group (GFH) has registered a net profit of $25.09 million for the third quarter compared to a loss of $7.58 million for the same period in 2016. Announcing the results for the first nine months ended Se

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Shuaa Capital posts highest profit since 2007

Dubai-based Shuaa Capital has posted year-to-date (YTD) net profit of Dh60 million ($60.3 million), as compared to a net loss of Dh114 million during the same period in 2016, thus beating every previous year’s annual earnings level since 2

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CBI Q3 net profit up 4pc to $8.9m

UAE-based Commercial Bank International (CBI) has posted a net profit of Dh33 million ($8.9 million) for the third quarter (Q3) of the year, marking a 4 per cent increase against Q3 2016. Year to date net profit totalled Dh86 mill

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Agility's Q3 net profit surges 17.4pc

Agility, a leading global logistics provider, has reported a net profit of KD 17.8 million ($58.6 million) for the third quarter of 2017, up 17.4 per cent compared to KD15.2 million ($50.1 million) for the same period last year. A

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Adnic 9-month profit up 24pc to $47.5m

Abu Dhabi National Insurance Company (Adnic), a top multi-line insurance provider, has posted a net profit of Dh178.5 million ($47.5 million) for the first nine months of the year, an increase of 24 per cent over the same period last year.

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Sabic Q3 profit surges 10.7pc to top $1.5 billion

Saudi Arabia’s Sabic, a global leader in diversified chemicals, has posted a net profit of SR5.79 billion ($1.54 billion) for the third quarter (Q3) of the year, compared to SR5.23 billion in the same period of 2016, a rise of 10.71 per ce

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ENBD 9-month net surges 15pc to $1.68bn

Emirates NBD (ENBD), a leading bank in the region, has delivered a strong set of results with net profit up 15 per cent to Dh6.17billion ($1.68 billion) for the first nine months of 2017. Net interest income improved 4 per cent ye

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Qurain Petrochemical H1 net profit hits $35m

Kuwait-based Qurain Petrochemical Industries Company (QPIC) has reported a net profit of KD10.56 million ($35.08 million) for the first half of 2017-18, compared to KD10.49 million ($34.85 million) for the same period last year. T

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