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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Double-digit growth for Middle East cities

  • Manama registered 51% growth in population between the years 2015 and 2021
  • Economic, social and political crises have impacted the overall growth of the Lebanese capital

Except Beirut, most Middle Eastern cities have grown in double digits in terms of population from 2015 until 2022.

Manama registered 51% growth in population – one of the most effective ways to ascertain overall growth. Dubai, meanwhile, recorded 42 percent growth in its population during the period.

Beirut is the only city with a single-digit growth as the city has been going through challenging times owing to economic, social and political crises exacerbated by 2020 explosion at the Beirut port in August 2020.