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Net profits

Aramex Q2 net profit surges 15pc to $25m

Aramex, a leading global logistics solutions provider, has reported a net profit of Dh92.6 million ($25.2 million) for the second quarter (Q2) of the year, as compared to Dh80.8 million for Q2 2014, marking an increase of 15 per cent.

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Saudi retailers post increase in Q1 net profits

The retailers listed in the Saudi stock exchange have reported a net profit of SR789.43 million ($210.41 million) for the first quarter of this year, an increase by SR45 million ($11.99 million) compared to the same period last year.

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NBAD Q4 net profits surge 28pc to $373m

National Bank of Abu Dhabi (NBAD), the largest lender by assets in the UAE, reported a 27.6 per cent rise in fourth-quarter net profit on Wednesday on higher fee income and lower impairments. Banks in the United Arab Emirates (UAE

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Agthia nine-month profit up 26pc to $41m

Agthia Group, one of the UAE’s leading food and beverage groups, has reported a net profit of Dh151 million ($41 million) for the first nine months of the year, marking a 26 per cent rise driven primarily by higher sales and improved margi

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Agthia nine-month profit up 26pc to $41m

Agthia Group, one of the UAE’s leading food and beverage groups, has reported a net profit of Dh151 million ($41 million) for the first nine months of the year, marking a 26 per cent rise driven primarily by higher sales and improved margi

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EIBank posts 27pc rise in H1 profits

Emirates Investment Bank (EIBank), a top private and investment bank, has reported a profit of Dh35.3 million ($9.6 million) in the first half of the year, as against Dh27.8 million in the same period of 2013, marking a rise of 27 per cent.

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NBK profit edges up 3.2pc to $298m in Q1

National Bank of Kuwait (NBK), the largest Kuwaiti bank, reported net profits of $298 million in the first quarter (Q1) of 2014 compared with $289 million in the same period last year, marking a 3.2 per cent increase year-on-year.

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Noor Islamic posts $20.5m net profit for 2012

Dubai-based Noor Islamic Bank delivered a strong performance in 2012 that has translated into a rise in profits of Dh26.4 million ($7.18 million) to Dh75.5 million ($20.54 million), year-on-year. Based on the significant progress

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Samsung net profit slides 18pc in Q2

Samsung Electronics, a leader in consumer electronics, earned 3.51 trillion won ($3.33 billion) in the three months ended June 30, as against 4.28 trillion won in the same period last year with a decrease of 18 per cent in net profits. The

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Zamil board approves 15pc payout

Zamil Industrial, a leading manufacturing and fabrication group, convened its general assembly yesterday (March 31) where the shareholders approved a 15 per cent distribution of profits at SR1.5 ($0.40) per share. The session was held to d

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