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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Aramco sets new profit record.

Saudi Aramco and the Saudi Arabian Ministry of Energy to create a carbon capture and storage hub.
  • The figure is equal to the combined profits of Apple, Google’s parent company Alphabet, and Microsoft
  • Apple, the leader among global companies in terms of market capitalization, ranked second in the profitability index, with profits of $120.5 billion during the 12 months

Riyadh, Saudi Arabia— Aramco, the Saudi oil company, has become the most profitable company in the world, with profit of $279.4 billion earned during the last 12 months.

According to the calculations of the Companies Market Cap, the figure is equal to the combined profits of Apple, Google’s parent company Alphabet, and Microsoft.

Apple, the leader among global companies in terms of market capitalization, ranked second in the profitability index, with profits of $120.5 billion during the 12 months ending last June.

It was followed by Alphabet, with profits of $85.7 billion.

Microsoft lagged behind, by a small difference, after it achieved profits of $83.7 billion.

The profits of Aramco’s three closest competitors amounted to about $289.9 billion, a difference of only $10 billion, from the largest oil company in the world.

ExxonMobil came in eighth place with profits of $54.8 billion, followed by Shell in ninth place with profits of $54.4 billion.

With regard to the most profitable oil companies globally, other than Aramco, during the second quarter, ExxonMobil was in the ranking, followed by Chevron, Shell, Britain’s BP, and France’s Total.