Posts Tagged ‘net’

International ratings agency Moody’s has rated Qatar Islamic Insurance Company (QIIC) as one of the best Islamic insurers in the world for the second consecutive year in 2009.

Net profits of the company totalled QR51m in the year (2009). The s

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Wednesday, March 10th, 2010 at 21:47 | 0 comments
Categories: Company

International ratings agency Moody’s has rated Qatar Islamic Insurance Company (QIIC) as one of the best Islamic insurers in the world for the second consecutive year in 2009.

Net profits of the company totalled QR51m in the year (2009). The s

read more….

Wednesday, March 10th, 2010 at 08:10 | 0 comments
Categories: Company

Abu Dhabi Islamic Bank (Adib), the oldest and the only listed Islamic bank from the capital, claims to be the largest net financier in the UAEs interbank market.

Talking to Emirates Business, Tirad Mahmoud, the banks Chief Executive Officer, sa

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Wednesday, March 10th, 2010 at 08:07 | 0 comments
Categories: Company

The foreign institutional investors (FIIs) were net sellers of Rs 282.33 crore in futures and options segments on Tuesday.

According to the data released by the NSE, FIIs were net buyers of index futures to the tune of Rs 23.73 crore, while t

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Wednesday, March 10th, 2010 at 07:47 | 0 comments
Categories: Global Market

Qatar Telecommunications Co (Qtel) reported a 7.9 percent decline in fourth-quarter profit, dragged down by non-operational provisions in Kuwaiti unit Wataniya.

Qtel made a net profit attributable to shareholders of 431 million riyals ($118.5 m

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Monday, March 8th, 2010 at 23:40 | 0 comments
Categories: Company

The Ordinary General Assembly of the Shareholders of Bank of Sharjah has approves (during its 36th annual meeting), the proposal of the Board of Directors to distribute a 12 per cent cash dividend equivalent to AED 240 million ($65.3 million) and a five

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Sunday, March 7th, 2010 at 07:35 | 0 comments
Categories: Company

Wataniya Telecom (National Mobile Telecommunications Company KSC) announced the financial results of the year 2009. The company has posted a consolidated net profit of KD 108.3 million ($380.6 million) for the year ending 2009, an increase on the KD 82.4

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Wednesday, March 3rd, 2010 at 22:26 | 0 comments
Categories: Company

The net profit of Abu Dhabi National Insurance Company (ADNIC) plunged in 2009, even though the state-run insurance company reported growth in its core businesses.

Despite a difficult first half of 2009 as a result of a significant investment

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Wednesday, March 3rd, 2010 at 22:26 | 0 comments
Categories: Company

Etisalat reintroduced the 1 GB mobile broadband package at a reduced price of Dh145 per month, with customers now saving more than 25 per cent on their Internet usage.

The reduction in price follows the introduction of Etisalat’s 10GB mobile b

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Wednesday, March 3rd, 2010 at 22:26 | 0 comments
Categories: Company

The Dubai Financial Market (PJSC) on Tuesday reported a 42.71 per cent drop in net profits to Dh346.6 million last year compared to Dh605 million in 2008.

Total revenues were Dh502.9 million compared to Dh1.01 billion in 2008. The revenues comp

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Wednesday, March 3rd, 2010 at 22:26 | 0 comments
Categories: Company
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