The bank’s liquidity profile remains strong as evidenced by an advances to stable resources ratio of 76% and an eligible liquid asset ratio of 16%, both comfortably above regulatory thresholds
Total revenue reached Dh2.45 billion compared with Dh874.9 million for the same period in 2006, an increase of 181 per cent.
Revenue from the electricity and water business grew by 35 per cent to Dh1.2 billion, from Dh874 million for the same period in 2006. This does not include supplemental fuel sales to allow for a like-for-like comparison.
Revenue from oil and gas accounted for Dh334 million there is no comparable like-for-like figure in 2006.
This figure includes gas storage revenue.
EBITDA was Dh1.3 billion for Q3 2007, giving an EBITDA margin of 52 per cent versus EBITDA of Dh585 million and a margin of 66 per cent in the same period in 2006. EBITDA margin for 2007 excluding supplementary fuel would be 85 per cent.
The bank’s liquidity profile remains strong as evidenced by an advances to stable resources ratio of 76% and an eligible liquid asset ratio of 16%, both comfortably above regulatory thresholds
Binghatti Hills is set to become the most expansive development within the community
Temperature will reach up to 36ºC and 33ºC in Abu Dhabi and Dubai, respectively
Facing the reality of such a health challenge at the age of 32 was unimaginable for her
Youssef Al Feel, along with his brothers and cousins, managed to break the windows and enter flooded houses — moving people to safety for an entire day
Guardiola's team will be crowned champions for an unprecedented fourth successive season if they win their last five matches
A qualified engineer, CP Rizwan is a technically correct batsman who can also take wickets with his part-time spin
The defeats are a jolt to a full-strength Pakistan side in their preparations for the Twenty20 World Cup