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The earnings rose to Dh750 million in the quarter. For the full year, the net profit rose 13 per cent year-on-year to Dh2.6 billion from Dh2.3 billion in 2014.
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The insurance company has reported a net loss of Dh334.5 million for 2015, compared to a net loss of Dh280.4 million for 2014.
In its strategy of expansion into the hospitality business, Nakheel is planning 10 hotels across Dubai. The first opened earlier this month, and six more have been announced or signed.
Frauds by their very nature are difficult to detect as they are designed to deceive and hide, many a time it takes long before the same is uncovered.
The success or otherwise of the complex merger will define the legacy of Shell Chief Executive Ben van Beurden, seeking to transform Shell into a more specialised group focused on the rapidly growing LNG market and deepwater oil production.
The net operating profit grew 17.2 per cent year on year to Dh11.59 billion in the full year from Dh9.89 billion, the telecommunication company said in a regulatory filing to the Abu Dhabi Securities Exchange.
Overall gross margin increased to 28.2 per cent. Gross margin from core businesses rose to 29.3 per cent from 28.4 per cent in 2014 driven by an increase in tile sales. This was coupled with higher sanitaryware and tableware sales.
The Dubai-based construction major normalised its profitability following the third quarter 2015 one-off provisions and posted a steep jump in net profit of Dh14.7 million in the three months to December 31, compared with a profit of Dh3.8 million in the year-earlier period.
Decline in global oil prices erodes gas firm's revenues and gross profit
Revenues rose 17 per cent to Dh976.9 million as a result of its increased market share.