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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Yalla Group Q1 revenue $83m

Net income for the quarter rose 9.7 percent to AED119.4 million ($32.5 million).
By TRENDS Desk
May 20, 2025 10:22 pm

    Dubai, UAE — Yalla Group Limited, the largest Middle East and North Africa (MENA)-based online social networking and gaming company, has reported quarterly revenue of AED308.2 million (US$83.9 million), a 6.5 percent increase compared to the same period last year.

    Net income for the quarter rose to AED133.7 million (US$36.4 million), marking a 17 percent year-over-year increase.

    On a non-GAAP basis, net income reached AED143.6 million (US$39.1 million), up 10.9 percent from the same quarter in 2024, with a non-GAAP net margin of 46.6 percent.

    Average Monthly Active Users (MAUs) grew to 44.6 million, a 17.9 percent increase from 37.8 million in the corresponding period last year, underscoring the continued expansion and engagement of Yalla’s user base across the region.

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