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Finance House posts $6.9m net profit

Finance House has registered a consolidated net profit of Dh25.53 million ($6.9 million) for the first quarter of the year, compared to Dh35.51 million during the same period in the previous year. The net interest income and incom

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QInvest net profit increases 57pc to $7.4m

QInvest, a leading investment bank and Islamic financial institutions in Qatar, has reported a net profit of $7.48 million (QR27.21 million) for the three-month period ending March 31, an increase of 57 per cent. The firm posted r

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Emirates Investment Bank net profit up 9pc

Emirates Investment Bank (EIBank), an independent private and investment banking boutique, has posted a net profit of Dh21.23 million ($5.7 million) for the first quarter of the year, an increase of nine per cent. The customer dep

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IGIH posts $34m net profit, up 9.9pc

International General Insurance Holdings Limited (IGIH) has posts a net profit of $34.34 million for last year, a 9.9 per cent compared to $31.26 million in the previous year. The firm’s board has proposed dividends of $0.04

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Arab Bank Group posts net profit of $217.2m

Arab Bank Group has reported net profit after tax and provisions of $217.2 million for the first quarter as against $216.3 million in the previous year. Loans and advances increased by three per cent to $23.7 billion, compared wit

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ADCB posts $339m net profit for Q1, up 13pc

Abu Dhabi Commercial Bank (ADCB) has posted a net profit of Dh1.24 billion ($339.9 million) for the first quarter of the year, an increase of 13 per cent as compared to the same period last year. The banks operating incomes totall

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Mashreq's gains surge 13pc as income increases

Mashreq, Dubai's third-biggest bank by assets, has posted a 13.2 per cent rise in first-quarter net profit as an increase in income from lending helped to offset a slight dip in returns from fees. It is the second bank in the

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BBK's net profit rises 6pc to $39m

Bank of Bahrain and Kuwait (BBK) has reported six per cent rise in net profit at BD14.9 million ($39.52 million) for the first quarter of this year, compared with BD14 million in the same period last year. Earnings per share for t

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Air Seychelles posts $3.2m net profit

Air Seychelles has posted its third consecutive year of profit with net profit amounting to $3.2 million last year, exceeding the previous year profit of $3 million. The results reflected continued improvement in the airline&rsquo

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BCFC net profit surges 11pc to $38m

Bahrain Commercial Facilities Company (BCFC) has reported 11 per cent increase in net profit at BD14.5 million ($38.5 million) for last year when compared with BD13.1 million for 2013. Profit for the fourth quarter last year was B

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