Key Dubai banks beat profit estimates | GulfNews.com:
"Leading Dubai based banks exceeded analyst’s expectations to report strong 2014 first half results on Thursday.
While Emirates NBD reported a net profit of Dh2.35 billion in the first half of 2014, up 30 per cent compared to the same period last year, its second quarter net profits were up 35 per cent at Dh1.3 billion compared to the same period last year.
The strong operating performance for the first half of 2014 was helped by solid revenue growth in both retail banking & wealth management and Islamic banking subsidiary, Emirates Islamic."
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