Emirates Investment Bank posts decline in profits

DUBAI, UAE: Emirates Investment Bank (EIBank) announced its financial results for the first nine months of 2019 recording total comprehensive income for the nine-month period ended 30 September 2019 reaching AED 30.37 million as against AED 29.65 million same period in 2018. Net profit reached AED 21.50 million for the nine-month period ended 30 September…

Emirates Integrated Telecommunications announces 3.7% growth in 9-month adjusted net profit

DUBAI, UAE: Emirates Integrated Telecommunications Company (EITC) published its financial results for the nine-month period ended 30 September 2019, reporting revenues of AED 9.4 billion, an EBITDA of AED 4.22 billion and a Net Profit after royalty of AED 1.29 billion. For Q3 2019, EITC reported revenues of AED 3.07 billion, an EBITDA of AED…