Sunday 29 November 2015
profit swing

Dana Gas swings to Q4 profit, beats analysts view

UAE-based Dana Gas reported a higher-than-expected fourth quarter net profit of Dh59 million ($16.07 million), helped by higher production after posting a loss of Dh193 million a year ago. The Gulf's only listed natural gas company, Da


ADCB swings to Q4 profit

Abu Dhabi Commercial Bank (ADCB) on Tuesday said it swung to a fourth quarter and yearly profit helped by higher net interest income, beating analysts forecasts. The lender, one of the region's most exposed banks to indebted conglomera

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