Sat, Dec 20, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Shuaa books losses on investments

Posted on 12 May 2009

From Gulfnews.com: Dubai-based investment bank Shuaa Capital posted a net loss of Dh197.9 million ($53.88 million) in the first quarter as it booked losses on investments.

“Despite significant efforts to enhance profitability through cost-cutting measures, and focus on growing our fee businesses, book losses from investments still overshadowed the overall results,” the company said in a statement…….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031