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Masraf Al Rayan's profit soars
- Qatar: Tuesday, October 09 - 2007 at 13:08
Third-quarter profit for Masraf Al Rayan, Qatar's third-largest Islamic bank by market value, soared more than tenfold, reported Reuters. Net income in the three months to September 30 jumped to 382.5m riyals ($105.1m), or 0.51 riyals per share, compared with 36.2m riyals in the year-earlier period, the bank said in a statement.
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Jeff Florian, Senior ReporterTuesday, October 09 - 2007 at 13:08 UAE local time (GMT+4)
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