Saturday 25 April 2015
 
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investment income

Mubadala 2014 profit plunges 28pc

Mubadala, an Abu Dhabi state-owned fund, today said its 2014 net profit dropped 28.7 per cent due to lower income from financial investments and impairments on oil and gas assets. The fund said in a statement it made a net profit

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Qatar Islamic Q3 profit jumps 34pc

Qatar Islamic Bank (QIB), the state's second largest lender by market value, posted a 33.6 percent jump in third-quarter net profit on Wednesday, beating analysts' forecasts thanks to strong investment income growth. QIB reported a

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