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Finance House reported a consolidated net profit at the group level of AED 61.7 million for the financial year ended 31 December 2015.
Egypt's stock market fell in early trade, erasing previous day's gain, while Saudi index was headed for a third straight day of losses after oil slid back near USD30.
Disappointing earnings from a few Dubai companies pulled the emirate's stock index lower in early trade on Thursday while most other Gulf stock markets slipped after oil prices reversed back near USD 30.
Namazi has not been charged with any offence, Iranian authorities declined to give explanation for his detention.
India has invited investments in a slew of oil projects and UAE wants to use overseas investment to diversify its asset base.
There is a sharp spike in legal cases brought before the local courts in Dubai.
Once known as happy Arabia, Yemen has been disfigured by 10 months of war into one of worst humanitarian crises in world.
Declining oil revenues has presented challenges to political, social and economic order, intensifying pressure for change.
Outlook on the UAE's banking sector remains depressed in the face of sagging hydrocarbons prices.
Many Middle East fund managers have become less bearish towards bonds, a monthly Reuters survey shows.
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|Posted On||Company||Financial Date|
|11 Feb 2016||National Bank of Umm Al-Qaiwain PSC||New: 31 Dec 2015|
|11 Feb 2016||Abu Dhabi National Hotels PJSC||New: 31 Dec 2015|
|11 Feb 2016||Gulf Cement Company P.S.C.||New: 31 Dec 2015|
|10 Feb 2016||RAK Properties P.J.S.C.||New: 31 Dec 2015|
|09 Feb 2016||Invest bank P.S.C.||New: 31 Dec 2015|
Too much of a good thing may be a bad thing. This could be the case of the drastic drops in oil prices.06-02-2016
We are living in a strange world with desperate central bankers.02-02-2016
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|Exchange Name:||Abu Dhabi Securities Exchange|
|Address:||Hamdan Street, Al Ghaith Tower,
P.O. Box 54500
|Telephone:||00 971 26277777|
|Fax:||00 971 26128728|
|Trading Hours:||Sunday, Monday, Tuesday, Wednesday, Thursday
09:30 - 10:00 Pre-opening
10:00 - 14:00 Continous Trading
All times are local (GMT +4)
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