The bank’s net profit in 2022 surged 26 percent.

The firm's revenue rose 14 percent to nearly US$2.4 billion.

The EBITDA increased by 31 percent to $5 billion.

The company also announced new dividend policy for 2023-25

The Saudi utility company will pay $774m cash dividend.

The shareholders approved dividend after record growth.

Zara owner is the world's biggest fashion retailer.

The firm also announced 5,000 other roles would remain unfilled.

The profit increased by more than 440 percent compared to 2021.

The bank has lost 81% of its value since Greensill bankruptcy.

The company has paid a total of $975m in dividends for 2022.

In a rescue deal, it bought SVB for a nominal price of $1.2.

The price drop is seen as a direct response to cuts by Tesla.

It posted $161bn profits last year on high oil prices.

Delay has had no effect on its annual financial statement.

Saudi Arabia aims to gain a leadership role in space.

The company likely to buy 20 percent stake.

The company said the metal business alone grew by over 23 percent.

Excluding currency effects, the sales gain was 11 percent.

The bank had posted a net profit of $985 million for 2022.

The loan will support Trafigura's procurement from the UAE.

Emtelle to invest $50m to build manufacturing facility.

The Aluminum producer claimed 2022 results as its strongest ever.

The Group reported a 12 percent increase in revenue.

stc had in Jan signed sale and purchase pact with solutions.

The facility will be constructed at Dubai Industrial City.

It will make an initial public offering before listing.

Pact is likely to help enhance Kingdom's non-oil exports.

The company's operating profit rose 13.5% to $696 million.

The net profit exceeded the Group's target of AED10 billion.

The proposed factory will be spread over 300 acres.

Firm booked profit despite supply chain disruptions.

The airline reported $839m in profit in 2022.

The investment will be spread over the next six years.

The new firm will focus on internal combustion.

The plant is going to be established in Monterrey.

The company recorded a revenue of $433 million for 2022.

The firms said margins will continue to be under pressure in H1.

The profit in 2021 was 1 billion euros, the company said.

The company did not offer any explanation for the decision.

A media report said that company has laid off 10% of its workforce.

The net profit for the year nearly doubled compared to 2021.

It will also close down several units in Ludwigshafen.

Most of the layoffs would be implemented in H1 2023.

Sales jumped 73 percent to 132.2 billion euros.

Net profit came in at $457m, compared to 2.9bn euros loss in 2021.

Turnover however soared by more than a fifth to £13.5 bn.

The subscription period opens on February 23.

This was company's first financial result since dual listing.

The company employs about 4,000 workers in the UK.