Friday 28 August 2015
 
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profit

ADNH posts $190m H1 operating revenue

Abu Dhabi National Hotels (ADNH), a leading hospitality group in the UAE, has reported an operating revenue of Dh701 million ($190.7 million) for the first half of the year. However, the company’s total assets dipped to Dh9.

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Emirates REIT H1 profit edges up to $35m

Emirates REIT, the UAE’s first regulated sharia-compliant real estate investment trust, has posted net profit of $35.11 million in the first half (H1) of the year, marking a 2.8 per cent rise in the figures of H1 2014. Net p

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Turkish Airlines' operating profit up 68pc in H1

Turkish Airlines, the flag carrier of the country, has reported an operating profit of TRY524 million ($1.84 million) for the first half the year, outperforming results posted for H1 2014 by a record 68 per cent. The airlines also poste

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Orascom Construction back in profit in 2014

Egypt's Orascom Construction Industries said it made a net profit in 2014 of EGP4.6 billion ($588 million) in 2014, having made a loss in 2013 of EGP1.4 billion ($178.9 million). Sales rose to EGP7.8 billion ($996.8 million) f

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Manazel H1 net profit surges 179pc

Manazel Real Estate, a leading UAE developer, has posted a net profit of Dh45 million ($12.2 million) for the first half (H1) of the year, up by 179 per cent from Dh16.1 million ($4.4 million) during the same period of 2014. The i

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Arabtec swings to $195m Q2 loss as costs rise

Dubai's largest listed construction firm Arabtec swung to a net loss of Dh718.3 million ($195.59 million) in the three months to June 30 as against a profit of Dh102.4 million ($27.88 million) in the corresponding period of 2014.

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Jet Airways posts $34m profit, up 188pc

Jet Airways Group has posted 226.4 crores Indian rupees ($34.9 million) in profit for the first quarter ending June 30, compared to a loss of 258 crores Indian rupees during the same period last year.   The 118 p

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Dana Gas Q2 profit falls 85pc

UAE-based energy firm Dana Gas posted an 85 per cent fall in its second-quarter net profit on Thursday. The privately-owned energy firm made a net profit of Dh25 million ($6.8 million) in the three months to June 30, down from Dh1

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New India Assurance posts profit of $2.52m

New India Assurance Company Bahrain (NIA) has reported a profit of $2.52 million for the first six months of this year versus $1.09 million for the same period last year. In a statement, the company said underwriting profits were 27 per cent o

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Al Meera posts $27m net profit for H1

Al Meera Consumer Goods Company has posted a net profit of QR100.9 million ($27.6 million) for the six-month period ended June 30.   The firm's sales for the first half of this year grew 13 per cent, from QR1

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