Home Industry Finance Dubai Lender Mashreq Q2 Net Profit Jumps 45% The lender made a net profit of Dhs585 million ($159.3 million) for the three months to June 30. by Reuters July 23, 2014 Mashreq, Dubai’s third-biggest lender by assets, on Wednesday posted a 45 per cent jump in second-quarter net profit. The lender made a net profit of Dhs585 million ($159.3 million) for the three months to June 30, it said in a statement, an increase on the Dhs402.6 million recorded for the corresponding period of last year. Arqaam Capital had expected the bank to make a profit in the quarter of Dhs532 million. 0 Comments