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TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

DEWA profit after tax $789m

It will pay $843m in H1 dividend.

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.
  • CBUAE imposes administrative sanctions on 8 banks

    ABU DHABI, UAE -  The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the UAE.The administrative sanctions take into account the banks' failures to comply with the CBUAE's instructions not to grant any loans or credit facilities to the beneficiaries of loans granted by...