Dubai Informer

Air Arabia reported a net profit of AED 59 million for the three months ending March 31, 2013, exceeding analysts’ forecast and registering an increase of 20% compared to AED 49 million in the corresponding quarter in 2012. Full News here – Zawya.com – UAE News

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Emirates Telecommunications Corporation (Etisalat) Group on Tuesday said its net profit after royalty in 2012 increased by 15% year on year to Dh6.7 billion, helped by the partial disposal of an investment in Indonesia’s third-largest mobile phone operator XL Axiata and lower impairment losses related to investments in Pakistan and Sudan. Full News here – [...]

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Taqa posted its second-successive drop in full-year net profit as charges against its business in the North Sea and lower gas prices in North America affected its earnings. Full News here – Zawya.com – UAE News

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Abu Dhabi’s Etihad Airways said net profit tripled in 2012 as its fast-expanding global network attracted more passengers. Full News here – Zawya.com – UAE News

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The National Bank of Abu Dhabi (NBAD) has seen an impressive jump in its profits — that’s 54.85 in fourth quarter net profit thanks to high investment and interest income. Full News here – Zawya.com – UAE News

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The firm behind the emirate’s iconic Palm Jumeirah and other major projects yesterday sought to show that it is charting a stable… Full News here – Dubai UAE News RSS feed

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Dubai Financial Market Company on Saturday reported a net profit of AED38.9 million, a 411 % increase compared to the corresponding period in 2011 Full News here – Zawya.com – UAE News

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Ajman Bank reported a Net Profit of AED 11.7 million for the first six months of this year, representing a robust increase of 250% from the same period in 2011. Full News here – Zawya.com – UAE News

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Budget carrier Air Arabia said on Tuesday its net profit for the second quarter of 2012 jumped 31 per cent as it flew more passengers. Full News here – Zawya.com – UAE News

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Dubai Investments, the largest investment company listed on the Dubai Financial Market, on Sunday declared a net profit of Dh171 million for the first six months of the year. Full News here – Zawya.com – UAE News

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Abu Dhabi Islamic Bank (ADIB) said its net profit for the fiscal second quarter rose 2.3 per cent on year to Dh322.6 million even as net revenue for the period declined 2.4 per cent from the corresponding quarter a year earlier to Dh888.6 million. Full News here – Zawya.com – UAE News

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DUBAI, July 29 (Reuters) – Dubai’s largest developer Emaar Properties on Sunday said its second-quarter net profit had more than doubled. The builder of the world’s tallest tower, Burj Khalifa, made a net profit of 614 million dirhams ($ 167.17 … Full News here – Dubai – Bing News

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DUBAI, July 29 (Reuters) – Emaar Properties, builder of the world’s tallest tower, said its quarterly profit more than doubled on Sunday as a one-off impairment cost was not repeated and income from malls and hotels grew. Dubai’s largest … Full News here – Dubai – Bing News

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DUBAI, July 23 (Reuters) – Emirates NBD, Dubai’s largest bank by market value, on Monday said its second-quarter net profit fell 13 percent, partly on higher costs linked to its Dubai Bank merger, although the figure beat analysts’ forecasts. Full News here – Dubai – Bing News

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DUBAI, July 23 (Reuters) – Emirates NBD, Dubai’s largest bank by market value, on Monday said its second-quarter net profit fell 13 percent, partly on higher costs linked to its Dubai Bank merger, although the figure beat analysts’ forecasts. Full News here – Dubai – Bing News

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