Abu Dhabi – Mubasher: Traders on UAE equity markets are awaiting the second quarter financial results (Q2) of four blue-chip entities.
The four companies are Emirates Telecommunications Group (ETISALAT), Dubai Islamic Bank, National Bank of Abu Dhabi, and First Gulf Bank.
Over the first three-month, Emirates Telecommunications' earnings declined by 2.7% year-over-year to AED 2.4 billion.
Dubai Islamic Bank's net profit rose by 17.7% to AED 1.001 billion.
The National Bank of Abu Dhabi saw a slide of 11% to end the first quarter with AED 1.3 billion profits.
The First Gulf Bank's profit stood at AED 1.33 billion, registering 6.3% decline compared with the year-ago quarter.
