The aggregate net profit of 18 listed banks on Abu Dhabi Securities Exchange and Dubai Financial Market … reported Wam, the Emirates official news agency. In the meantime, profits of six banks listed at the DFM amounted to Dh7.83 billion during H1 …
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Etihad reports $1.87bn loss on Airberlin, Alitalia impairments
The Abu Dhabi-based carrier said it took total impairments of $1.9 … not disclose its net position including profits/losses from investments,” he told Arab News. Etihad last week sold its minority stake in Darwin Airline, representing the first …
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Bank of Sharjah reports Dh152m first half net profit
Dubai: Bank of Sharjah has reported a net profit of Dh152 million for the first half of 2017, down 13.6 per cent compared to Dh176 million for the same period of 2016. “Net profit was affected mainly by a marginal increase in cost of funds, and equity …
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July, 2017 Breaks Records in Off-plan Sales
As Dubai Chronicle predicted by the end of 2016, real estate investors behavior proved so far that 2017 is the “Year of Investment.” Buying properties off-plan is not cheaper, but it is much easier than buying ready homes from the secondary market and …
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Sharjah launches Child Safety Campaign for summer
Sharjah: This summer, your children may go all out with their activities but don’t compromise on their safety. The hot summer environment, increased risk of accidents, and other factors in the outside world need to be tackled with caution to ensure all …
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Bank of Sharjah : posts AED 152m in H1
Mubasher: Bank of Sharjah (BOS) posted a decline in its profits by 13.6% year-on-year in its profits during the first half of 2017, according to a bourse statement. Profits amounted to AED 152 million ($41.3 million) in H1-17, compared to AED 176 million …
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Bank of Sharjah : posts AED152 million in net profit for H1 2017
SHARJAH, 27th July, 2017 (WAM) — Net profits of AED152 million for H1, 2017, were declared by the Bank of Sharjah against AED176 million for the same period last year, bringing earnings per share for the same period down by 14% to 7.0 fils from 8.1 fils …
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Indian expat’s mother dies on hearing news of his death
Sharjah: Tragedy has struck the family of an Indian expat, who died a day before returning home for good earlier this week, again. His ailing mother in India also passed away after hearing the news of her son’s death, a relative told Gulf News on Wednesday.
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Sachin Tendulkar recalls 1998 Sharjah knocks against Australia
Recalling his glorious exploits in arid Sharjah, especially his famous “Desert Storm” knock of 143 against Australia to help India romp into the final of a tri-nation ODI event in the late 1990s, cricket icon Sachin Tendulkar today described how physically …
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Book of Odia writer nominated for SIBF award
BHUBANESWAR: Popular children’s writer Ramendra Kumar ‘s book ‘A Tsunami Called Naani’ has been nominated for the Sharjah International Book Fair (SIBF) Awards, 2017 in the ‘Best International Book’ category.”I am really happy that the book has been …
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CGI Dubai Releases Details Regarding Complaints Received By Indian Seafarers In Distress On Ships
They could also seek advice of the Consulate regarding recruiting company/agent in Dubai and Northern Emirates (Sharjah, Ajman, Umm Al Quwain, Fujairah and Ras Al Khaimah) by sending email on cons1.dubai@mea.gov.in and cons3.dubai@mea.gov.in.
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New complex general manager for two Sharjah Sheraton hotels
“In addition to further cementing Sheraton Sharjah Beach Hotel & Spa’s position as a market leader, I am privileged to be part of the launch of the Four Points by Sheraton brand in the emirate later this year.” – TradeArabia News Service
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Victory Team to defend world title with one boat
Al Zafein and Bin Hindi won a fourth title when the final round of the 2016 series concluded in Abu Dhabi. The Victory Team duo of Al Zafein and Bin Hindi had 137 points leaving stablemates Dubai 33 — with Al Adidi and Al Ali on board — in second place …
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Middle East interest in energy storage ‘ramping up significantly’, I.H.S says
It will not be long before the low cost of solar – tenders in Dubai drove utility-scale prices down to US$0.029 per kWh in 2016 – allows project developers and owners to combine the two technologies and create ‘dispatchable solar’ assets with …
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Exclusive: Saudi Aramco advisers favor London for historic IPO – sources
DUBAI/LONDON (Reuters) – Saudi Aramco’s advisers have recommended … A final decision on the venue for what is expected to be the world’s biggest IPO and is targeted to raise $100 billion will be taken by Crown Prince Mohammad bin Salman, who is …
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Dubai’s Mashreq bank sees drop in demand for Qatar business -CEO
DUBAI, July 27 (Reuters) – Mashreq, Dubai’s third-largest bank by assets, has seen a drop off in demand for business in Qatar since a dispute erupted between the Gulf state and its neighbours, Chief Executive Abdulaziz al-Ghurair said. Banks in the United …
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Imran urges UAE central bank to disclose non-residents’ accounts details
Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Thursday urged United Arab Emirates (UAE) Central Bank to disclose details of non-resident account holders under the international agreements. Panama Papers probe, in its final report, revealed Prime …
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