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Dubai Islamic Bank Q1 Net Profit on the Rise

Dubai Islamic Bank Q1 Net Profit on the Rise

Dubai Islamic Bank (DIB), the largest Sharia-compliant lender in the emirate, on Monday said its first-quarter net profit rose 11 percent, helped by growth in its core businesses.

April 30, 2012 9:48
 
Emaar Q1 Net Profit Beats Forecast

Emaar Q1 Net Profit Beats Forecast

Dubai's Emaar Properties reported a 44 percent rise in first-quarter profit on Saturday; made a profit of 606 million dirhams ($165 million), compared to 421 million dirhams during the same period last year

April 29, 2012 9:01
 
Istithmar Buys Atlantis Resort Stake from Kerzner

Istithmar Buys Atlantis Resort Stake from Kerzner

Dubai's Istithmar World said on Saturday it has became the sole owner of the Atlantis resort in Dubai after buying a 50 percent stake from luxury resort operator Kerzner International Holdings for $250 million.

April 29, 2012 8:51
 
The Six Degrees of…Robert Fisk

The Six Degrees of…Robert Fisk

Robert Fisk is in the UAE this week to commemorate the 97th anniversary of the Armenian genocide. A much-beloved figure in the Middle East, Fisk is connected to many influential Arab personalities. Kipp even linked him to a local airline carrier’s first Emirati female pilot. Here’s how

April 28, 2012 10:09
 
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