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Results 1 - 20 of about 282 for q3 profit (0.01 seconds)
Tamweel records 95% fall in Q3 profit
22 Nov '09 | Islamic Finance / News
... suspended since November 2008.Tamweel recorded a third-quarter net profit of AED10m ($2.72m) and took impairment provisions of AED53m in ... in market value of its property investments," it said in the statement.Tamweel made a net profit of AED185.7m in the third quarter last year.It made a net loss ...
UAE banks set aside AED4bn for bad loans in Q3
17 Nov '09 | Banking & Finance / News
... the end of October, an increase of 4 percent month on month.The bottom line numbers at several UAE banks showed that third-quarter profit was hard hit by an increase in impairments for bad loans.Federal initiatives to support banks facing depleted deposits and tighter lending have included AED150 ...
ADCB announces big slump in Q3 profit
27 Oct '09 | Banking & Finance / News
... the sixth largest bank in the UAE by market value, posted a net profit of AED44m ($11.98m) in the third quarter versus AED447.6m in the ... its loan portfolio and some investments which had a negative impact on the bank's results for Q3," Eissa Al Suwaidi, chairman of ADCB, said in a statement.The bank ...
Emirates NBD posts 3% rise in Q3 profit
26 Oct '09 | Banking & Finance / News
Emirates NBD, the largest bank in the UAE by assets, on Monday posted a 3 percent rise in Q3 profit.Net profit in the three months ended September 30 rose 3 percent to AED1.1bn ($285.9m) from the same period a year ago, beating analyst ...
National Bank of Abu Dhabi posts 41% rise in Q3 profit
27 Oct '09 | Banking & Finance / News
... UAE's National Bank of Abu Dhabi posted a third-quarter net profit of AED914m ($248.8m) on Tuesday, up 41 percent from the same ... reached AED2.25bn, the bank said in a statement on the bourse website.The lender posted a net profit of AED2.6bn in the first nine months of the year, it said. (Reuters)
Air Arabia Q3 profit down 9% on H1N1, Ramadan
14 Nov '09 | Transportation / News
... warned of "significant" short-term challenges after posting its first-ever drop in quarterly profit, following the global H1N1 virus flu pandemic and the fasting month of Ramadan.The ... a 53.2 percent-fall in third-quarter net profit. (Reuters)Also read: Jazeera Airways Q3 profit down 53% on revamp
Abu Dhabi Commercial Bank stocks plunge on Q3 results
27 Oct '09 | Financial Markets / News
... 3,145 points.Trading in National Bank of Abu Dhabi did not resume after its own Q3 profit announcement.Aldar Properties results were expected on Tuesday ... 1.4 percent after reporting a 57 percent rise in net profit for the first nine months of the year."We saw good results from Oman Cement, they ...
Du sees huge surge in Q3 profit
1 Nov '09 | Technology / News
... AED1,332.9 million, up 25.8 percent compared to Q3 2008.Revenues for Du’s fixed business, including fixed ... range in order to bring continued customer satisfaction on all interactions with the company. "Both profit and subscriber number growth is a clear indication that we have a robust business ...
Big Kuwait, Bahrain banks Q3 profits sag on Saudi loans
25 Oct '09 | Banking & Finance / News
Major Kuwaiti and Bahraini banks reported a sharp decline in third-quarter profit on Sunday as they raised provisions to cover bad loans to Saudi ... a statement.Meanwhile, Al-Ahli Bank of Kuwait (ABK) also saw quarterly profit plunge, down 83.7 percent, although it did not explain the decline.Ahli ...
Aramex posts 23% rise in Q3 profit
25 Oct '09 | Transportation / News
Aramex said on Sunday that Q3 profit increased 23 percent, even as revenue was hit by the global recession.The global logistics solutions provider ... to AED487.6m ($132.8m).The company did not give a reason for the rise in profit. The revenue decline was primarily due to a marked reduction in global ...
Kuwait Finance House posts 46% drop in Q3 profits
25 Oct '09 | Islamic Finance / News
... the country's biggest Islamic lender, posted a 46-percent decline in third-quarter net profit on Sunday.Net income in the three months to September 30 fell to KD34.3m ($ ... on the Kuwait bourse website on Sunday.Coast Investment had expected KFH to post third-quarter net profit of KD48.07m. (Reuters)
Arabtec says Q3 net profit down by 35%
29 Oct '09 | Construction & Industry / News
... new markets such as Russia as the downturn hits business at home, made a net profit of AED255.35 million in the third quarter of 2008, according to a statement ... dirhams in the first nine months of the year. Analysts polled by Reuters had forecast on average a Q3 result of AED174.4 million. (Reuters)
Omantel's Q3 profit edges up 1.9% to $85.2m
11 Nov '09 | Technology / News
... up 1.86 percent from a year earlier.The company made a net profit of OR105.8m rials in the first nine months of the year compared with ... calculated third-quarter earnings based on previous data. It made a net profit of OR32.19m in the third quarter of 2008.The earnings came in below forecasts by two ...
Kuwait's Agility posts 15% rise in Q3 profit
11 Nov '09 | Transportation / News
... logistics firm by market value, has posted a 15 percent rise in third-quarter profit, beating forecasts.Net income in the three months to September 30 ... a string of buys. It now also makes money from real estate.The firm made net profit of 115.5 million dinars in the first nine months, up 7 percent ...
Oman's Bank Dhofar posts 2.2% drop in Q3 profits
27 Oct '09 | Banking & Finance / News
... .2 percent to 7.29 million rials ($19m).The bank said it made net profit of 21.5 million rials in the first nine months of the year, without offering a ... .The third quarter figure is based on Reuters calculations. The bank made a net profit of 7.45 million rials in the third quarter of 2008. (Reuters)
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