INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

  • The engine maker swung to profit of $3bn from a loss of $1.64bn in 2022.

    Shares in Rolls soared almost ten percent in afternoon trading, topping London's benchmark FTSE 100 index

    Its share price more than trebled last year but at the end of 2023 it was still only up 6.5 percent over the previous five years.

  • The company signed MoU with Airbus for the widebody aircraft.

    Vietjet signed MoU with Airbus for the widebody aircraft, which will replace its current fleet of leased A330-300 planes, Airbus said in a statement

    At list prices, the Vietjet order would be worth $5.9 billion, but customers usually get a discount when making bulk aircraft orders

  • Sales grew 7.2% in value terms, fell 0.3% in volume.

    Nestle said turnover fell as a rising Swiss franc and a slight fall in sales volumes balanced out higher prices

    The maker of Nespresso, Maggi seasonings, and the Smarties range of sweets said turnover fell 1.5 percent

  • Its net profit dropped 13.2% to US$570 million.

    Qantas said its net profit dropped 13.2 percent year-on-year to US$570 million in the six months to December 31

    The airline said travel demand was strong, led by the leisure sector but with business travel now approaching pre-Covid-19 levels

  • The profit jumped to US$41.40m in 2023.

    Its earnings per share for the year ending December 31, 2023 stood at QR0.30, up from QR0.21 for the same period in the previous year

    The board of directors announced its intention to propose a cash dividend distribution to the General Assembly in the upcoming meeting

  • The company's revenue spiked to US$22.1bn.

    The chip titan posted profit of $12.3 billion on record revenue of $22.1 billion in the quarter than ended late January

    Its shares jumped nearly eight percent to $732.99 in after-market trade, following the release of the earnings results

  • It will collaborate with Abu Dhabi Investment Office.

    The move is indicative of deepening economic ties between South Korea and Abu Dhabi with a focus on innovation and technology

    The company's headquarters in Abu Dhabi Global Market (ADGM) will drive the next phase of its international growth out of Abu Dhabi

  • Operating profit for 2023 was recorded at US$59 million.

    Total operating revenues of US$99 million were recorded for 2023.

    Consolidated assets came in at approximately US$386 million in 2023.

  • Stock markets diverged as traders awaited earnings from US tech darling Nvidia, in addition to minutes from the Federal Reserve...

    In the eurozone, the Frankfurt and Paris stock markets edged higher in afternoon deals.

    Hong Kong and Shanghai bourses jumped after Beijing's latest measures to boost China's stuttering economy.

  • The company said lower energy prices cut into its profits.

    Gross operating profit fell 50 percent to $17.l billion, "primarily reflecting the rebalancing and normalization of international energy trade flows," it said

    The commodities trading unit saw operating profit fall 46% to $3.5 billion, "with coal and LNG (liquefied natural gas), and to a lesser extent, oil prices materially declining"