Thursday 28 March 2024
 
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The National Investor

TNI back in the black with $2m profit in 2017

The National Investor (TNI), an Abu Dhabi-based privately owned joint stock company, posted a net profit of Dh7.5 million ($2.04 million) for 2017 as against a net loss of Dh1.7 million in the previous year. TNI generated consolid

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Abu Dhabi’s National Investor CFO steps down

The National Investor, a financial firm which began trading on Abu Dhabi's second market in November, said on Monday it had appointed a new chief financial officer after the previous finance head resigned. Rami Hurieh took ove

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The National Investor net profit plunges

The National Investor (TNI), a leading Abu Dhabi-based investment company, posted a lower net profit of Dh2.2 million ($598,931) for the year ending March 2011, compared to Dh30.8 million in the previous fiscal year. The consolidated reven

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TNI sees five-fold jump in Q1 profit

The National Investor (TNI), one of Abu Dhabi's leading investment management and advisory firms, said it has achieved a five-fold increase in its first quarter net profit despite difficult economic conditions. Announcing the results o

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TNI-Kamco to set up $150m Islamic fund

The National Investor's (TNI) private equity arm and Kipco Asset Management Company (Kamco) plan to set up a $150 million Islamic fund, in a sign that private equity activity in the Gulf region is picking up. The Sharia-compliant fund

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TNI posts H1 net profits of $9.5m

The National Investor (TNI), one of the region's leading merchant banks, said it has posted consolidated net profits of Dh34.9 million ($9.5 million) and consolidated revenues of Dh122.6 million in the first half 2008. The chairman of

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Abu Dhabi's National Investor eyes IPO

Abu Dhabi-based investment bank The National Investor would sell shares to the public once amendments are made to a UAE law to allow it to maintain a controlling stake, its chief executive said on Monday. Under current regulations, private

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Abu Dhabi may face property oversupply by 2010 says bank

Demand for housing in Abu Dhabi, the biggest member of the United Arab Emirates, will probably outpace supply until 2010, spurring rents, Abu Dhabi-based The National Investor said in a report. After that "we expect a situation of oversupp

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TNI to develop two plots at Capital Centre

The National Investor (TNI) plans to develop two plots of land at Capital Centre. Capital Centre, is an Dh8 billion ($2.17 billion) business and residential micro-city now being built around the Abu Dhabi National Exhibition Centre (ADNEC)

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Forsa offers funds just for women

UAE investment firm Forsa is hoping to tap the largely overlooked market of wealthy GCC women with the launch of funds worth Dh250 million ($68 million) open to female investors only. Women in the Gulf hold about $40 billion of the region

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