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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

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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.

Savola Group of Saudi Arabia buys out Bayara for $260m

  • The transaction, paid in cash according to a stock exchange filing, was part of a five-year strategy to expand Savola’s regional operations
  • Bayara is a major manufacturer and distributor of branded snacks in the UAE and the Kingdom

Savola Group of Saudi Arabia has bought out the Emirati snack maker Bayara Holding for $260 million.

The transaction, paid in cash according to a stock exchange filing, was part of a five-year strategy to expand Savola’s regional operations.

Bayara is a major manufacturer and distributor of branded snacks in the UAE and the Kingdom.