Monday, Nov 05, 2007
BEIRUT (Zawya Dow Jones)--Doha Islamic Bank is expected to make a full-year net profit of 110 million Qatari riyals ($29.75 million) in 2007, Doha-based Asharq daily reported Monday.
The bank's financial portfolio reached SAR2.2 billion by the end of the third-quarter and its share in local projects financing is 21%, the daily said, quoting the bank's vice-president Nael Al Zagha.
Doha Islamic Bank was established at the beginning of 2006.
Newspaper Web site: http://www.al-sharq.com
-By Beirut bureau, Zawya Dow Jones, 961 1 985757, beirut@zawya.com
Copyright (c) 2007 ABQ Zawya Ltd.
(END) Dow Jones Newswires
05-11-07 0522GMT
