Tamweel profit drops 33 %
Dubai - Arabstoday
Islamic mortgage provider Tamweel posted a 33 per cent drop in second-quarter profit on Wednesday as revenue fell and costs rose. Tamweel, majority owned by Dubai Islamic Bank, made a net profit of Dh18.6 million in the three months to June 30, down from 27.7 million dirhams in the prior-year period. The firm\'s first-quarter profit also fell. Quarterly revenue dropped slightly to Dh136.9 million, from Dh141.6 million a year earlier, while \"depositors\' share of profit\" - sales costs - rose 8.7 per cent to Dh88.9 million. Tamweel had cash and cash equivalents worth Dh564 million as of June 30, up from Dh187.5 million at the end of 2011.
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meeting
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:21 2016 Wednesday ,23 March
cartoon eleven
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 07:51 2018 Thursday ,18 January
Fighting Tsonga digs deep to reel
GMT 17:05 2016 Wednesday ,05 October
Burj Rafal Hotel Kempinski wins 2 new awards
GMT 09:17 2017 Tuesday ,14 February
Leaders praise sacrifices of martyrs doing national duty
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 09:59 2017 Friday ,24 February
Baidu revenue slips anew amid ad clampdown
GMT 10:51 2017 Monday ,23 January
Actress Reham Hagag considers herself lucky
GMT 06:41 2018 Thursday ,18 January
Sudan holds communist leader
GMT 07:23 2017 Sunday ,15 October
Harvey Weinstein expelled by Oscars Academy
GMT 08:44 2015 Thursday ,19 November
'Invincible' bacteria threatens global epidemic
GMT 03:38 2017 Wednesday ,14 June
King holds talks with Dubai Ruler, Abu Dhabi CP
GMT 13:12 2017 Friday ,06 January
Nigerian midfielder Mikel leaves Chelsea for China
GMT 14:34 2017 Tuesday ,21 March
Minister promises to improve prisons
GMT 11:44 2017 Monday ,08 May
Al Sharqi forms Board of Trustees of Fujairah Fine Arts Academy
GMT 12:54 2017 Thursday ,04 May
Thomson Reuters celebrates 150 years
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor