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Q1 net profit

Egypt's EFG defends executives against graft charges

Egypt’s EFG Hermes says first quarter net profit fell 6.8 percent

Egypt's EFG Hermes said on Tuesday its net profit for the first quarter fell 6.8 percent from the same period a year earlier.

June 5, 2012 5:24
 
Egypts-Sewedy-first-quarter-net-profit-drops-43.8-percent

Egypt’s Sewedy first quarter net profit drops 43.8 percent

- Egypt's El Sewedy Electric , the Arab world's biggest listed cable maker, said its consolidated first quarter net profit declined 43.8 percent, the stock exchange said on Wednesday.

May 30, 2012 5:23
 
Dubai's Arabtec Q1 Net Surges

Dubai's Arabtec Q1 Net Surges

Q1 net profit 84.1mln dirhams vs. 26.6 million a year ago; Results beat average analysts forecasts; Says considering buying remaining 45 percent in steel unit; Abu Dhabi fund Aabar owns 10.5 percent in Arabtec

May 9, 2012 9:25
 
Fly Dubai to Add Destinations, Planes, Eyes Price Rise

Fly Dubai to Add Destinations, Planes, Eyes Price Rise

Carrier to add 4-5 new destinations in 2012; on track to earn first profit this year; Plans to increase ticket prices as fuel costs rise

May 2, 2012 3:54
 
Kuwait's KIPCO Upbeat on Outlook after Q1

Kuwait's KIPCO Upbeat on Outlook after Q1

Kuwait Projects Co., the country's largest investment company, sounded a confident note on its full-year outlook after reporting a five percent increase for first-quarter profit on Tuesday

May 1, 2012 3:22
 
Network Switch Saps Mobinil Q1 Profit

Network Switch Saps Mobinil Q1 Profit

Egyptian mobile firm Mobinil slumped to a first-quarter net loss of 74 million Egyptian pounds ($12.24 million) due to the costs of switching its network to 3G and said its outlook was uncertain because of political volatility.

May 1, 2012 10:12
 
UAE Cooling Firm Tabreed Q1 Net Up 15 Pct

UAE Cooling Firm Tabreed Q1 Net Up 15 Pct

National Central Cooling Company (Tabreed) reported a 15 percent rise in first quarter profit on Tuesday as operating costs declined by a quarter for its chilled water business.

May 1, 2012 9:42
 
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
 
Sorouh Q1 Profit Rises 30 Percent

Sorouh Q1 Profit Rises 30 Percent

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.

April 29, 2012 9:00
 
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