Wednesday 2 September 2015
 
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Q2 profit

Aldar Q2 profit surges 18pc to $163m

Abu Dhabi-based Aldar Properties, one of the largest developers in the Middle East and North Africa (Mena), has posted a net profit of Dh601 million ($163.5 million) for the second quarter (Q2) of the year, up 18 per cent from Dh509 million ($13

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Qatar Electricity Q2 profit dips 6.1pc

Qatar Electricity and Water Co (QEWC), the Gulf state's monopoly utility firm, reported a 6.1 per cent fall in second-quarter net profit on Monday, according to Reuters calculations, missing the analysts' forecast. The uti

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Telecom Egypt Q2 profit up 14pc to $142m

Fixed-line monopoly Telecom Egypt posted $142.66 million in net profit in the second quarter and said on Wednesday it hoped to obtain a unified landline and mobile license soon allowing it to boost earnings further. The net profit

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Damac Q2 profit rises 18pc to $253m

Dubai luxury property developer Damac posted an 18 per cent increase in second-quarter profit and said demand for high-end property would remain strong, despite signs of a slowdown in the emirate's wider real estate sector. Da

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CBRE posts Q2 net profit, revenue up

CB Richard Ellis Group (CBRE), one of the world's largest commercial real estate service companies, posted a second-quarter net profit and its strongest revenue growth since 2007, sending shares up 5.5 per cent in after-hours trade. Second

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CIB net profit slides to $79m in Q2

Egypt's Commercial International Bank (CIB), a leading private sector lender, has reported a second quarter 2009 consolidated net profit of EGP439 million ($79.2 million), compared to EGP527.3 million a year earlier. The net profi

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Kamco Q2 profit dives 95pc

Kuwaiti fund manager Kamco, cited in a legal action by the US authorities, has reported a 94.82 percent slump in its second-quarter profit. Kamco said in a statement posted on its website that its profit in the quarter fell to KD275,760 ($

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Aman's Q2 profit jumps 158pc

Dubai Islamic Insurance and Reinsurance Company (Aman) said it has made Dh19.9 million ($5.40 million) profit in the second quarter of 2009, a rise of 158 per cent compared with the same period of 2008. Premium income exceeded Dh200 millio

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