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Saudi Zain Telecom

Kuwait’s Zain second quarterly net profit inches up 1 percent

Kuwaiti telecom operator Zain reported a 1 percent rise in quarterly profit on Monday.

August 6, 2012 4:08

Abu Dhabi’s IPIC 2011 net profit slumps to $44.7 million

Abu Dhabi's International Petroleum Investment Company (IPIC) reported a net profit of $44.7 million on Wednesday, down from $1.3 billion in the prior-year period, as market volatility and currency exchange risks weighed on profitability.

June 13, 2012 5:48

Telcom Zain Saudi capital restructuring gets regulator nod

Indebted telecoms operator Zain Saudi said on Sunday it would ask shareholders to approve a multibillion dollar capital restructuring after the market regulator endorsed the plan.

May 28, 2012 10:45

National Bank of Abu Dhabi posts Q1 net profits in excess of AED1 billion

Despite impairment charges of AED 225 million, NBAD posts 34$ rise in Q1 net profits.

April 28, 2010 9:07

Microsoft Q1 profit jumps 35 percent on sales of Windows 7

Microsoft bested analysts estimates for first quarter profits, despite a share price decline of more than 3 percent.

April 26, 2010 9:25

HSBC’s 2009 net profit rises, but falls below expectations

The company made net profits of $5.83 billion during the year, as opposed to analysts' expectations of $6.4 billion.

March 1, 2010 5:15

Mobily posts $280 million Q4 net profit

The Saudi-based telecom operator saw higher-than expected results.

January 18, 2010 12:01

Tamweel’s Q3 net profit falls 95 percent

Dubai-based finance lender Tamweel saw a…

November 22, 2009 4:55

Dubai Investment posts 56pc drop in Q3 net profit

Dubai Investments Co posted a 56 percent decline in third quarter net profit on Sunday...

November 1, 2009 1:26

RAKBANK net profit up 10.40pc for first nine months of 2009

RAKBANK reported a net profit of AED530.66 million for the first months of 2009…

October 28, 2009 9:01