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.
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.
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
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
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.
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.
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
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
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
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