Thursday 31 July 2014
 
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Dubai Islamic Bank profit surges 59.6pc

Dubai Islamic Bank (DIB), the UAEs' largest sharia-compliant lender, posted a 59.6 per cent jump in its second-quarter net profit, aided by higher fee and investment income. Beating analysts' forecasts, the bank made 667.5

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Gulf International bank income hits $50.2m

Gulf International Bank (GIB) has reported consolidated net income after tax of $50.2 million for the six months ended June 30 this year, compared with $60.6 million in the prior year period.

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BKIC net profit surges 30pc

Bahrain Kuwait Insurance Company (BKIC) has announced that net profit for the first half of the current year increased 30 per cent from BD2 million ($5.2 million) last year to BD2.6 million. &

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Sico profit jumps 166pc to $13.5m

Securities & Investment Company (Sico), a conventional wholesale bank in Bahrain, reported a 166 per cent increase in first half net profit to BD5.1 million ($13.52 million), compared to BD1.9 million during the same period in 2013.

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ABC Islamic profit up 25pc

Islamic Bank has reported a net profit of $7.5 million for the first half of 2014, 25 per cent higher than the profit of $6 million reported in the first half of 2013. Total operating income rose to $10.7 million, compared to $8.3

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Batelco posts $66m profit for H1

Batelco Group, Bahrain-based telecommunications company with operations across 14 countries, has reported a net profit of BD24.9 million ($66 million) for the first half of this year. The profit compares with BD25.3 million ($67.1

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Finance House profit increases 8pc in H1

Finance House (FH) has registered a net profit of Dh61.2 million for the six months ended June 30, an increase of 8.3 per cent compared to Dh56.5 Million in the corresponding period last year.

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Aramex Q2 net profit up 12pc

Dubai logistics firm Aramex reported a 12 per cent rise in second-quarter net profit on Thursday, in-line with analyst estimates.   Aramex posted a second-quarter net profit

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Boeing reports 52pc profit increase

Boeing reported a 52 per cent jump in quarterly profit, helped by higher commercial plane deliveries and one-time tax gains, but investors were spooked by rising costs in its military tanker programme.

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BNH net profit surges 23.2pc to $6.15m

Bahrain National Holding (BNH) has reported 23.2 per cent rise in consolidated net profit at BD2.34 million ($6.15 million) for the six months ended June 30 when compared with BD1.9 million for the same period la

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