Sunday, Jul 03, 2011

DUBAI (Zawya Dow Jones)--Second-quarter net profit forecasts for selected Dubai companies covered by Egypt-based EFG Hermes. 


  
   (AED million)               2Q 11 Forecast        2Q 10 Zawya  
  
   Commercial Bank of Dubai      220                     255.3  
  
   Dubai Islamic Bank            193                     301  
  
   Emirates NBD                  1,115                   398  
  
   Air Arabia                    47                      48.7  
  
   Arabtec                       32                      111.1  
  
   Aramex                        56                      54.9  
  
   Drake and Scull               54                       43.5  
  
   Emaar                         459                     801.9  
  
   Union Properties             -413                    -349.4  
  
   Du                            201                     137.4
(USD million) 


  
   Depa                           40                    -103.7  
  
   DP World                      196                     219.2
*DP World, Depa figures are for six-month period ending June 30

-By Dubai Bureau, Dow Jones Newswires; +9714 446-1698; djnews.dubai@dowjones.com

Copyright (c) 2011 Dow Jones & Co.

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03-07-11 0821GMT