Monday 23, July 2012 by Robin Amlôt
Emirates NBD improves H1 profits, beats forecasts
Net profit for Emirates NBD was AED 1,289 million for H1 2012, 40 per cent below the profit posted in H1 2011 of AED 2,157 million but last year was boosted by an AED 1,813 million gain on the stake sale of Network International. Stripping out the non-recurring gain, net profit was up 274 per cent.
