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FINANCIAL NEWS
Abu Dhabi’s Umm Al Qaiwain records 52.2pct fall in profits
09 Aug 2016
(MENAFN) Umm Al Qaiwain General Investment firm registered a 52.2 percent drop in its second quarter profits.
Moreover, profits valued to USD808.1mn in the cited quarter this year, compared to USD1.69mn in Q2 of 2015.
In addition, the firm produced profits of KWD 2.07mn in the first half this year, an increase of 225.3 percent from KWD 636.400mn in H1 2015.
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