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19/07/2017 11:36 AST
Emirates NBD (ENBD), Dubai's largest lender, posted a 6 percent rise in second-quarter net profit on Wednesday, in line with analysts' forecasts.
The bank, the first major lender from the United Arab Emirates to report its earnings during the quarter, made a net profit of 2.02 billion dirhams ($550 million) in the three months to June 30, a statement from the bank said, compared to 1.91 billion dirhams in the corresponding period of 2016.
Three analysts on average forecast the bank would make a net profit for the quarter of 1.88 billion dirhams. ($1 = 3.6729 UAE dirham)
Reuters
28/03/2018
The eleventh annual general meeting of Emirates NBD on Tuesday approved the bank’s proposed increase of capital through a rights issue of new shares worth up to Dh7.3 billion.
The increase
Gulf News
23/03/2018
Emirates NBD could agree to buy Turkey’s Denizbank within weeks, after intense lobbying by the Turkish bank to convince President Tayyip Erdogan of the benefits of the potential $5.3 billion deal.
Arab News
12/03/2018
Emirates NBD said on Sunday it plans to increase capital by Dh1.8 billion to Dh7.35 billion through issuance of new shares ahead of a potential acquisition in Turkey, along with an increase in the fo
Gulf News
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News