Dubai-Based Mashreq Bank’s H1 Net Profit Up 14% To $1.1B Aided By Growth In Operating Income

This post was originally published on Forbes Middle East

Dubai-based Mashreq Bank posted Thursday a 14% increase in first-half net profit to $1.1 billion (AED4.05 billion) from the year-ago period, with earnings per share at $5.43 (AED19.95), helped by growth in operating income.