Tuesday 28 April 2015
 
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profit

IGIH posts $34m net profit, up 9.9pc

International General Insurance Holdings Limited (IGIH) has posts a net profit of $34.34 million for last year, a 9.9 per cent compared to $31.26 million in the previous year. The firm’s board has proposed dividends of $0.04

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Al Meera posts record $11.8m Q1 net profit

Qatar-based Al Meera Consumer Goods Company has posted a record net profit of QR43.1 million ($11.8 million) for the first quarter of 2015 as compared to QR39.2 million ($10.7 million) for the same period in 2014, marking an increase of 10 per c

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Al Meera posts record $11.8m Q1 net profit

Qatar-based Al Meera Consumer Goods Company has posted a record net profit of QR43.1 million ($11.8 million) for the first quarter of 2015 as compared to QR39.2 million ($10.7 million) for the same period in 2014, marking an increase of 10 per c

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Sony raises 2015 profit forecast to $2.5bn

Japanese consumer electronics firm Sony Corp (6758.T) has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday. Expectations

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Arab Bank Group posts net profit of $217.2m

Arab Bank Group has reported net profit after tax and provisions of $217.2 million for the first quarter as against $216.3 million in the previous year. Loans and advances increased by three per cent to $23.7 billion, compared wit

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ADCB posts $339m net profit for Q1, up 13pc

Abu Dhabi Commercial Bank (ADCB) has posted a net profit of Dh1.24 billion ($339.9 million) for the first quarter of the year, an increase of 13 per cent as compared to the same period last year. The banks operating incomes totall

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Damac Q1 net profit plunges 38pc

Damac Properties, a leading luxury project developer in Dubai, UAE, said its first-quarter net profit fell 38 per cent despite surging revenue because a year earlier its bottom line benefited from a big one-off gain from an associate.

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Doha Bank posts $115m net profit, up 5.2pc

Doha Bank has posted a net profit of QR420 million ($115.2 million) for the first quarter of the year, compared to QR399 million for the same period last year, an increase of 5.2 per cent. The bank’s net operating income inc

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Al Tayyar Travel Q1 profit up 2.1pc

Saudi Arabia's Al Tayyar Travel Group has posted a 2.1 per cent rise in first-quarter net profit due to higher sales. The company made a net profit of SR286 million ($76.3 million) in the three months to March 31, up from SR28

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Mashreq's gains surge 13pc as income increases

Mashreq, Dubai's third-biggest bank by assets, has posted a 13.2 per cent rise in first-quarter net profit as an increase in income from lending helped to offset a slight dip in returns from fees. It is the second bank in the

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