Sunday 13 July 2014
 
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Q2

EMEA server shipments down 5.9pc in Q2

Server shipments in Europe, Middle East and Africa (EMEA) totalled 550,000 units in the second quarter, a decrease of 5.9 per cent from the same period last year, said a report. Server revenue totaled $3.1 billion in the quarter,

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DFM reports 100pc disclosure of Q2 results

Dubai Financial Market (DFM) has revealed that its listed local public joint stock companies have recorded a 100 per cent compliance regarding the disclosure of Q2-2013 results within the deadline of 45 days from the end of the period.

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Kuwait Energy reports 52pc rise in Q2 revenue

Kuwait Energy, an independent oil and gas exploration and production company in the Middle East, has reported a revenue of $77.6 miilion, up 51.8 per cent in its second quarter, as compared to the same period in 2012. The company&

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Emirates Investment Bank profits up 48pc in Q2

Emirates Investment Bank, an independent Dubai-based private investment bank, has reported Dh12.3 million ($3.3 million) net profit in the second quarter of 2013, up 48 per cent as compared to Q2 last year. It said the bank's

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RAK Properties posts net profit of $14m in Q2

RAK Properties, a Ras Al Khaimah-based property developer, has earned a net profit of Dh51.10 million ($13.9) in the second quarter (Q2) of this year. The financial results were announced following the meeting of the board held on

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Xerox posts $5bn revenue in Q2

Xerox, a global leader in business process and document management, posted a revenue of $5.4 billion, up one per cent for the second quarter of this year. The company said its second quarter adjusted earning per share (EPS) of 27

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United National Q2 profit rises 7.2pc

Abu Dhabi's Union National Bank on Sunday reported a 7.2 percent rise in second-quarter profit helped lower provisions and reduced funding costs, beating analysts' expectations. The lender, jointly owned by the governments

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Mashreq Q2 profit up 25pc driven by fee income

Mashreq, Dubai's third-biggest lender by assets, posted a 25.7 percent rise in second-quarter net profit on the back of higher fee income, the latest bank in the United Arab Emirates to report strong quarterly numbers. The ban

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Du to pay Dh1bn dividend after Q2 windfall

Du, the United Arab Emirates' second biggest telecom operator, said it would pay 1 billion dirhams ($272.3 million) to shareholders via special and interim dividends, after it posted a 46 percent rise in second-quarter net profit on Thursday

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Masraf al Rayan Q2 net profit up 13.3pc

Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, posted a 13.3 per cent increase in its second-quarter net profit, Reuters calculations show, edging ahead of analysts' forecasts. Net profit for the s

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