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Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

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Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Industries Qatar H1 profit up 57%

Industries Qatar saw net profit jump 57 percent for the first half of 2022.
  • The company’s year-on-year net profit jumped to $1.5 billion
  • Earnings per share amounted to $0.24 in the first half of the year

Industries Qatar announced Sunday its earnings for the first half of the year ending on June 30, which saw net profit jump 57 percent year-over-year from QR 3.5 billion ($0.94 billion) to QR 5.4 billion ($1.5 billion).

Earnings per share amounted to QR 0.90 ($0.24) in the first half of the year, compared to QR 0.57 ($0.15) for the same period in 2021.