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FINANCIAL NEWS
Profits of UAE’s Ipic grows 6.7 percent in 6 months
06 Dec 2013
(MENAFN) Profits of Abu Dhabi-based International Petroleum Investment Company (Ipic) grew 6.7 percent in the current year’s first half as a result of the global recovery in equity markets, according to the National.
The company’s net income boosted to USD871 million compared to USD816 million during the same period in 2012.
However, revenue dropped to USD 26.05billion compared to USD26.32 billion.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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