Capital investment during Q3 2025 $12.9bn on investments in energy projects.
UDC posts net profit of US$63m
The net profit has been reported for the first nine months of 2023.QFZ, Samsung C&T ink MoU
The two will collaborate in green, sustainable technologies.
Air France-KLM posts profit jump
Turnover increased nearly seven percent to 8.7 billion euros.
Intel beats earnings expectations
Net income of US chip giant tallied $300 million.Mashreq’s net profit surges 122%
The Return on Equity also achieved a record high, reaching 32.1%.TotalEnergies Q3 profit up 1.5%
The French energy firm earned a net profit of $6.7 billion.
PIF, Pirelli establish a JV
The JV will set up a facility to make tires in Saudi Arabia.Ghitha Holding Q3 profit of $33m
The company gained from regional food processing.
Bank Albilad posts net profit
The bank’s January-September 2023 profit was $469 million.
Volvo Cars posts profit
Its operating profit shot up to US$400m for the third quarter.
Mercedes-Benz profit slumps
The carmaker's net profit plunged 7% to US$3.9bn in Q3.ADCB profit up 22 percent
The bank's operating income rose 23% to US$3.32 billion.
Boeing posts Q3 loss
The firm trims full-year forecast for deliveries of the 737.
Thuraya, nybl sign MoU
They will deploy AI in Thuraya and Yahsat satellites
Deutsche Bank profit down
Its net profit for the third quarter dropped to US$1.09bn.United Arab Bank’s net profit rises 76%
The total income for the period was approximately $47 million.Investcorp to float IPO
The listing of shares on ADX is set for November 17.NHC, NAVER Cloud ink pact
The pact aims at establishing advanced digital solutions.
General Motors Q3 profit surge
Revenues rose five percent to $44.1 billion, the company said.
Stora Enso posts loss again
Stora Enso registered a loss of $272m euros in Q2 2023.DEWA okays H1 dividend of $843m
The company had reported a net profit of $540 million for Q2.
Aramco, ENOWA ink pact
The firms will jointly establish an e-fuel demonstration plant.RSG, KHC set up joint venture
The JV will develop and own the Four Seasons Resort Red Sea.
Al Seer Marine, L3Harris renew pact
They have partnered with each other for the past six years.NMDC posts bumper profits
Its revenues for the first nine months stood at US$3bn.
RAKBANK reports highest ever net profit
The bank's income increased by 35.4% year-on-year.British Steel to cut 2000 jobs
British Steel is battling losses of $36 million a month.Qatar Airways’ CEO to quit
Akbar Al Baker led the state-owned airline for over 25 years.Chevron to acquire Hess
Chevron last year posted a record profit of $35.5 billion.Invest AD to launch debt fund
Invest AD Blackstone Debt Fund is an SCA-regulated fund.Nedaa, Dubai Customs ink MoU
MoU to enhance digital solutions for efficiency.Yansab 9M net loss $134 million
The company had posted net earnings of $136m in 9M 2022.
DP World, TPA ink pact
DP World will operate Dar Es Salaam Port in Tanzania.
New CEO appointed in SRC
Majeed Al Abduljabbar will be the CEO from January 1, 2024.Mobily 9M 2023 profit up 41%
Revenues for the period grew by 7.5 percent year-on-year.
Multiply Group profit soars
Its Q3 revenue posted a 24 percent jump to US$96 million.
EasyLease Q3 revenue $57.66m
It's net profit was AED 26.5 million ($7.21m) in Q3 2023.
Mawani, SGP ink US$266m pact
The aim is to establish multiple logistics zones in the Kingdom.
Volkswagen revenue up
The automaker made sales to the tune of US$83.5bn in Q3.
Palms Sports posts Q3 profit
Its revenues rose 77% to US$92m in the same period.
EU okays takeover of Seagen
Pfizer announced in March its deal with Seagen.Renault shares fall as sales disappoint
The company's strategy is to sell fewer cars but at higher prices.
Kadi Pay okayed for BNPL solutions
The company was approved by the Saudi Central Bank.
Turkey’s Atis Yapi opens Dubai office
This is the real estate giant's first office in the UAE.
FAB net profit up $3.4bn in 9M 2023
The bank reported total revenue of $5.6 billion.ACWA Power signs deals
It entered into seven solar, hydrogen agreements in China.Nokia to slash 14,000 jobs
It took the decision after posting a drop in Q3 profits.
Presight AI, TOTM form joint venture
The JV will develop and deploy their combined proprietary technologies.Sipchem 9M net profit down 67%
There was a 70% QoQ drop in net profit for the third quarter of 2023.United Airlines Q3 profit up
The airlines' net income stood at US$1.1bn, up 20.7 percent.
