Sunday 01, August 2010 by
Mashreq reports net profit of $123.3 million for first half of 2010
Mashreq announced a first half net profit of AED 453 million ($123.3 million). In the midst of the uncertain operating environment and the global economic slowdown, the bank posted a solid performance and reported an operating income of AED 2.3 billion ($626 million), six per cent lower compared to the operating income posted during the same period last year.
