Wednesday 19 June 2019
 
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H1 net profit

Manazel H1 net profit surges 135pc to $36m

Manazel Real Estate, a leading UAE developer, has posted a net profit of Dh132.9 million ($36.2 million) for the first six months of the year, up 135 per cent compared to Dh56.6 million during the same period in 2017. Announcing t

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NBK-Bahrain H1 profit hits $144.5m, up 19.4pc

National Bank of Kuwait-Bahrain (NBK Bahrain), the branch of NBK Group in Bahrain, reported net profits of BD55 million ($144.5 million) for the first half (H1) of 2018 compared with BD46.1 million for H1 2017, a growth of 19.4 per cent.

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Insurance House more than triples H1 net profit

Insurance House, an Abu Dhabi-based insurance company, has posted a net profit of Dh6.63 million ($1.8 million) for the first half (H1) of the year, which is more than triple the net profit of Dh2.11 million registered during H1 2017.

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Dubai Investments H1 net profit tops $133m

Dubai Investments, a leading, diversified investment company, reported net profit of Dh491 million ($133.6 million) for the first six months (H1) of the year, an increase of Dh11 million compared to Dh480 million for H1 2017. The

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RakBank H1 net profit up 13pc to hit $117.5m

The National Bank of Ras Al Khaimah (RakBank) has posted a consolidated net profit of Dh431.7 million ($117.5 million) for the first half (H1) of the year, reflecting an increase 13.2 per cent year-on-year and 10.5 per cent compared with the fir

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Etisalat H1 net profit jumps 6pc to top $1.1bn

UAE-based telecommunications giant Etisalat Group has posted consolidated net profit of Dh4.3 billion ($1.17 billion) for the first half (H1) of 2018 representing a six per cent increase year over year. The Group’s consolida

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Dana Gas H1 profit soars 77pc to hit $23m

Dana Gas, the Middle East’s largest regional private sector natural gas company, has posted a net profit of $23 million for the first half (H1) of the year, as against $13 million during H1 2016,marking an increase of 77 per cent.

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UAE’s 18 listed banks post $5bn in H1 net profit

The aggregate net profit of 18 listed banks on Abu Dhabi Securities Exchange and Dubai Financial Market surged to Dh19 billion ($5.17 billion) during H1 2017, a 5.5 per cent growth from Dh18 billion in the corresponding period last year.

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Gulf Hotels Group H1 profit up 12pc to $16m

Gulf Hotels Group has posted a 12 per cent rise in first half net profits, recording net profits of BD6.092 million ($16.161 million) against BD5.444 million in the first half of 2008. The Bahrain-based Group owns and operates Gulf Ho

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