stc Q1 revenue $4.84 billion
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Bezos sells $2bn Amazon shares
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DEWA Q1 profit $207.8m
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Maersk Q1 profit dips
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BMW Q1 net profit at $4.1bn Â
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Airbus Q1 net profit at $514m
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Emirates posts $5.5 b loss due to pandemic restrictions
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Tesla to accept bitcoin again when greener
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Ogilvy PR Names Matt Buchanan as Global Head of Consumer PR
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Alisha Moopen to join TLI’s Board of Directors
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Company News
Nissan 2022 profit $1.6bn
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stc Q1 revenue $4.84 billion
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Savola Group net profit up 45%
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Burjeel Holdings Q1 profit $33m
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Carrefour now opens in Israel
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DEWA Q1 profit $207.8m
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Maersk Q1 profit dips
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RSG, Zain build carbon-neutral 5G network
The network runs on clean energy from world's largest carbon-neutral grid.
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DEWA Q2 revenue $2bn
Consolidated revenue of DEWA rose 4.1 percent in Q2.
- For the first half of 2023 (H1 2023), DEWA’s consolidated revenue was AED 12.7 billion ($3.46bn) and net profit was AED 2.7 billion ($740m).
- By the end of H1 2023, the Company’s net cash from operating activities increased by a record AED 837 million (227.88m) to AED 5.4 billion ($1.47bn).
Business
Al Hammadi H1 2023 net profit $43.5m
In Q2 2023, net profit jumped 25.7% to $21.8 million.
- The growth was spurred by revenues, which grew by 7.96 percent year-on-year (YoY) to US$153 million.
- This was driven by higher revenues reported by Al Hammadi’s medical services and pharmaceutical segments.
Business
GFH Financial Group Q2 net profit $30m
The net profit increased by 32.74 percent compared to Q2, 2022.
- Total income for the second quarter of 2023 was $86.83 million compared to $56.11 million for the second quarter of 2022, a rise of 54.7Â percent.
- Consolidated net profit for the second quarter was $32.75 million compared with $26.03 million in the second quarter of 2022, an increase of 25.8Â percent.

