(MENAFN) Emirates Integrated Telecommunications Co (du), which broke rival Etisalat's monopoly in 2007, reported 61.8 percent increase in quarterly profits before royalty, on higher revenues, … (read the story…)
DUBAI: Abu Dhabi's Sorouh Real Estate, which is eyeing a state-backed merger with rival Aldar Properties, posted a 30-percent rise in quarterly net profit riding on revenue from government projects and higher rental income. (read more here…)
Real estate developer rides on revenue from gov't projects, higher rental income (read more here…)
(MENAFN) Dubai-based National Central Cooling (Tabreed) reported a 15 percent increase in quarterly profits, over lower operating costs and increased chilled water business, Bloomberg … (read more…)
Aldar Properties PJSC (ALDAR) , the Abu Dhabi developer bailed out by the government last year, said first-quarter profit more than doubled as the company delivered more residential units and boosted revenue from land sales. (read more here…)
Emaar Properties PJSC (EMAAR) , the builder of the world’s tallest tower in Dubai, said first-quarter profit rose to 606 million dirhams from 421 million dirhams in the year-earlier period. (read more here…)
UAE's largest developer reports increased property sales, strong retail performance (read full story…)
(MENAFN – Khaleej Times) Emirates NBD, Dubai's largest bank by market value, reported a first-quarter profit of Dh641 million on the back of a rise in non-interest income and lower … (read more…) – FINANCE
An investment company owned by Dubai's ruler says its earnings rose 61 percent last year as it trimmed its debt load. (read the story…) – BUSINESS
(MENAFN – Khaleej Times) National Bank of Abu Dhabi reported 12 per cent year-on-year increase in net profits to Dh1.041 billion for the quarter ended 31 March, on better interest incomes. The … (read more…) – FINANCE
