ESG 2023 net profit at US$187m
The firm posted a year-on-year net profit rise of 316 percent.
Business
EITC posts Q1 revenue at $936m
Business
Beema’s Q1 profit soars
Business
Pfizer Q1 profit at $5.5bn
Business
Eshraq to buyback shares
Business
DP World, UAE Region to strengthen UAE-China trade ties
CEO DP World-UAE Region Abdullah Bin Damithan calls Dubai gateway for Chinese exporters Opportunities for Chinese companies in the MENA...
Thales appoints Emmanuel de Roquefeuil as VP, ME
Emmanuel de Roquefeuil will lead Thales operations in the Middle East He succeeds Roger Daix who takes up a...
Saudi Aramco meets investors ahead of first dollar Islamic bond sale
World's biggest company mandates Alinma Invest, Goldman Sachs, HSBC, J.P. Morgan for meetingsÂ
Emaar Properties sees sales jump 250% in Dubai
Emaar property sales this year $2.86 billion compared to $820 million in the same period last year The company, which...
Vodafone Qatar unveils enhanced IoT fleet management solution
Updated features enable businesses to optimise customer services, increase operational efficiencies and reduce costs
Turkish Airlines increases daily flights from Dubai
The airline launches a promotional campaign that will be available until June 18
Madayn announces new incentives to boost investment in Sur Industrial City
Board of Directors also approved the project to establish an integrated workforce townshipÂ
Saudi Aramco tops Forbes Middle East’s list of top 100 firms
Market value of the 100 companies stands at $3 trillion, 93 percent witness increase in their market value
Fakhri Hindiyeh is GM Grand Swiss-Belhotel in Bahrain
Hindiyeh has over 15 years of experience in managing 5-star hotels The newly opened Grand Swiss-Belhotel Waterfront Seef is the...
Saudi Arabia: NHC launches new training program for engineers
The initiative, called the Wa’ed program, is aimed at training newly graduated Saudi engineers It will offer them professional opportunities...
Company News
Carrefour now opens in Israel
Business
DEWA Q1 profit $207.8m
Business
Maersk Q1 profit dips
Business
BMW Q1 net profit at $4.1bn Â
Business
Latest News
Airbus Q1 net profit at $514m
Business
EITC posts Q1 revenue at $936m
Business
Beema’s Q1 profit soars
Business
Pfizer Q1 profit at $5.5bn
Business
Most Read
Business
NPCC receives award for MERAM project
The award has been received from ADCNOC Gas.
- The project is valued at AED 13 billion and is being led by the National Petroleum Construction Company (NPCC) in partnership with Técnicas Reunidas.
- MERAM project is expected to increase the recovery of methane from ADNOC Gas's facilities.
Business
Huawei H1 revenue at US$43.3bn
The firm works to diversify its business operations.
- The Shenzhen-based company has for several years been at the center of an intense tech standoff between China and the US.
- Since 2019, sanctions have cut the company off from global supply chains that gave it access to US-made components and technologies.
Business
ADNIC net profit $55.64m
The company's insurance revenue reached $582 million.
- Its underwriting profitability was robust with a combined ratio of 87.60% and a net insurance service profit of AED178.1 million.
- Charalampos Mylonas, CEO of ADNIC, said the company was the first amongst our peers to implement IFRS 17 Insurance Contracts (IFRS 17) as of 1 Jan, 2023.