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AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

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ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

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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