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Yalla Group Q1 revenue $83m

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

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

Yalla Group Q1 revenue $83m

Net income for the quarter rose 9.7 percent to AED119.4 million ($32.5 million).

    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.