Wednesday 22 November 2017
 
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Q1 profit

QInvest posts $15m net profit for Q1

QInvest, a leading Islamic financial institution in Qatar, has reported a net profit of QR15 million for the first quarter of the year, as compared to $14 million during the same period last year. The bank generated revenues of QR

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Agility Q1 profit up 11pc to $48m

Kuwait-based Agility, a leading global logistics provider, has reported a net profit of KD14.6 million ($47.8 million) for the first quarter of the year, an increase of 11.4 per cent over the same period in 2016. Agility reported

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Dana Gas net profit soars 83pc in Q1

Dana Gas, the Middle East’s largest regional natural gas company, has posted a net profit of $11 million for the first quarter (Q1) of the year, as against $6 million during Q1 2016,marking an increase of 83 per cent. The co

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Adnic Q1 profit soars 90pc to top $20m

Abu Dhabi National Insurance Company (Adnic), a top multi-line insurance provider, has posted a net profit of Dh74 million ($20.1 million) for the first quarter (Q1) of 2017, compared to Dh39 million during Q1 2016, a rise of 90 per cent.

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Adnic Q1 profit soars 90pc to top $20m

Abu Dhabi National Insurance Company (Adnic), a top multi-line insurance provider, has posted a net profit of Dh74 million ($20.1 million) for the first quarter (Q1) of 2017, compared to Dh39 million during Q1 2016, a rise of 90 per cent.

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Air Arabia reports net profit of $28m in Q1

Sharjah-based carrier Air Arabia reported a net profit of Dh103 million ($28 million) for the first quarter (Q1) of the year, as against Dh114 million during Q1 2016, marking a decrease of 10 per cent, a report said. In the same p

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Arab Bank Group Q1 net profit tops $218m

Arab Bank Group has reported a net profit after tax of $218.2 million during the first quarter (Q1) of the year as compared to $218.3 million in Q1 2016. Net operating income before provisions and taxes reached $290 million driven

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NBAD, First Gulf profit surges 12.4pc in Q1

The National Bank of Abu Dhabi and First Gulf Bank reported Dh2.93 billion ($797 million) in net profits for the first quarter of 2017, a 12.4 percent growth from Dh2.60 billion over the same period last year, a report said. The p

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Emirates NBD Q1 net profit hits $509m

Emirates NBD, a leading bank in the region, posted net profit of Dh1.87 billion ($509 million) for the first quarter of 2017, marking a rise of 4 per cent year-on-year (y-o-y) and 1 per cent quarter-n-quarter (q-o-q). The operatin

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Sharjah Islamic Bank Q1 profit up 5.9pc

Sharjah Islamic Bank, SIB, booked a net profit of Dh139.1 million ($37.8 million) for the first quarter of 2017, a 5.9 per cent growth compared to Dh 131.4 million in the same period last year, a report said. The bank's total

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