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Arab Islamic Bank (AIB) earns a pretax income of USD 0.610 Million in the first quarter of 2010


Arab Islamic Bank (AIB) disclosed its financial statements for the first quarter of 2010, and the company’s financial results as of 31/03/2010 indicated a pretax income of $ 610,656 comparing to $ 1,361,834 in the first quarter of 2009. The company’s assets reached $ 288,841,913 at the end 31/03/2010 after they reached 293,436,666 on 31/12/2009. Total liabilities reached $ 93,913,411 at the end of the first quarter of 2010 comparing to $ 98,099,194 as of 31/12/2009. Shareholders’ equity reached $ 50,480,951 on 31/03/2010 after they reached $49,991,825  at the end of 2009.


PADICO decides to unify the group's policies and undertake the necessary restructuring

High liquidity level raises the market's trading volume this week

PICO approves raising the paid-capital to $6 million

TIC approves raising the paid-capital to $10.00 million

Active Trading with the increase of semi-annual financial data anticipation

LADAEN restructures itself and establishes a new company

Al-Quds Index breaks through new psychological level and gains 2.99% in this week



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