Saturday 10 December 2016
 
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Q1 profit

United Gulf Bank posts $3m Q1 gains

United Gulf Bank (UGB) has announced a net profit of $3 million for the first quarter this year as against $2.1 million in the same period last year, reported the Gulf Daily News, our sister publication. To read further,

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Agility Q1 profit jumps 10.9pc to $43m

Kuwait-based Agility, a leading logistics solutions provider, has reported a net profit of KD13.1 million ($43.6 million) for the first quarter of 2016, an increase of 10.9 per cent compared with same quarter of 2015. Earnings-per

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Khaleeji posts 71pc jump in net profit

Khaleeji Commercial Bank (KHCB), a Bahraini Islamic retail bank, has reported a growth of 70.7 per cent in net profit for the first quarter at BD2.85 million ($7.43 million) when compared with BD1.67 million for the same period last year, report

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Union National Q1 net profit drops 27pc

Union National Bank (UNB), 50 per cent owned by the Abu Dhabi government, posted a 27 per cent drop in first quarter net profit on Thursday. The fifth largest lender in the emirate by assets reported a net profit attributable to e

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ADCB Q1 net profit drops 18.2pc

Abu Dhabi Commercial Bank on Wednesday posted a 18.2 per cent fall in first-quarter net profit, as income from its core business dipped and provisions increased. The third largest bank by assets in the United Arab Emirates made a

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Abu Dhabi Islamic Q1 profit up 6.9pc

Abu Dhabi Islamic Bank on Thursday posted a 6.9 per cent rise in first-quarter net profit, aided by higher revenues and a growth in customers. The emirate's largest sharia-compliant bank made a net profit of Dh482 million ($13

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Doha Bank Q1 net profit falls 16pc

Doha Bank, Qatar's fourth-largest lender by assets, reported a 16 per cent decline in first-quarter net profit on Monday, missing the average expectation of analysts. The bank earned a net profit of QR354.16 million ($97.3 mil

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NBK posts 18.2pc slide in Q1 net profit

National Bank of Kuwait , the Gulf Arab state's largest commercial lender, reported a 18.2 per cent fall in first-quarter net profit, it said in a statement on Sunday, as it failed to repeat a one-off gain from an asset sale.

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National Bank of Oman Q1 net profit up 10pc

National Bank of Oman, the sultanate's third-largest lender by assets, posted a 10-per cent rise in first-quarter net profit, according to a bourse statement on Thursday. The lender made a net profit of RO13.9 million ($36.1 m

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Samsung Q1 profit set for 10pc jump

Tech giant Samsung Electronics said on Thursday its first-quarter operating profit likely rose 10.4 per cent from a year earlier, beating expectations and pointing to strong sales of its new Galaxy S7 smartphones. The outlook will

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