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Nation

NBQ posts Dh186.32m profit in H1
National Bank of Umm Al-Qaiwain, or NBQ, on Wednesday said its 2014 first-half net profit rose to Dh186.32 million from Dh184.66 million in the corresponding period last year.
Emirates Reit H1 net profits surges 194%
Emirates Reit (CEIC) Limited on Wednesday announced that its net profit jumped by 194 per cent to $34.15 million for January to June period compared to $11.61 million for the same period last year.
Deyaar Q2 net profit more than doubles
Dubai-based property developer Deyaar said on Wednesday its second-quarter net profit more than doubled, buoyed by the launch of its hotel apartment project.
Majid Al Futtaim revenues jump 14% in first half
Strong performance across the businesses has boosted Majid Al Futtaim’s first-half revenues by 14 per cent compared to same period last year, the Dubai-based company announced on Wednesday.
Fees and commission boost FH’s H1 earnings
Finance House has posted a robust consolidated net-profit of Dh61.2 million for the six months ended 30 June 2014, marking an increase of 8.3 per cent year-on-year, as fee and commission soars substantially.
Al Maya opens supermarket in Al Reem Island
Al Maya Group has extended its reach in Abu Dhabi by opening its fourth supermarket in the country’s capital and first on Al Reem Island, the company said.
Marka to list on DFM in September
Marka, a public joint stock company with a capital of Dh500 million, on Wednesday announced plan to list its shares on the Dubai Financial Market in the second week of September after having obtained the preliminary approval from the Securities and Commodities Authority.
Mashreq bank profit surges 40%
Mashreq bank announced on Wednesday a 40 per cent increase to Dh1.16 billion in net profit for the first half of 2014 as compared to Dh828 million in the same 2013 period.
Real estate deals in Dubai hit Dh113 billion
Mega projects and investor confidence behind strong transaction volumes
Dubai: A vision, not an illusion
New laws will reinforce Dubai’s position as a sought-after global investment and business destination, Hisham Abdulla Al Shirawi tells Khaleej Times
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