Dubai Aerospace acquires Sky Fund Irish I
Sky Fund I leases aircraft to 14 airline customers.ADNOC Drilling to buy 3 rigs
The company bought four rigs between May and Aug. this year.Disney sacks CEO Bob Chapek
It has brought back former CEO Bob Iger to take back the reins.Allwyn buys Britain’s Camelot
Acquisition will likely close in Q1 2023, Czech firm said.GAL-AMMROC, GMF ink pacts
The pact were inked during the B20 Summit in Bali, Indonesia.Americana IPO: UAE retail offer doubled
Saudi retail tranche remains unchanged at 10 percent.AD Ports acquires Noatum
The ports operator paid $680 million for the deal.EGA, ITOCHU sign agreement
They would set up UAE's largest aluminum recycling facility.Educational Holding net profit $20.3m
The profits grew by 1,3 percent compared to 9M period last year.Alibaba posts Q3 loss of $2.9bn
Firm's result is seen as a gauge of Chinese consumer sentiment.Mubadala acquires stake in ACX
ACX is setting up a carbon trading exchange in Abu Dhabi.Siemens posts Q4 profit of $3bn
Firm posts FY 2021-22 net profits of around US$4.6 billion.Etihad Airways preps for tourists
It is expecting 1.5m travelers at Abu Dhabi International Airport.Tencent Q3 revenue down 2 percent
It is Tencent's second consecutive quarterly decline in revenue.Walmart posts Q3 loss of $1.8bn
Settlement on opioid cases hit earnings of the firm.Amanat 9M growth at 6%
Firm's adjusted net profit grew to $16.5 million in Jan-Sep 2022.Wio Bank, ADGM sign pact
Pact will help SMEs in UAE gain access to key banking services.TECOM Group to pay dividend
Firm approved interim dividend payment of US$54m.Al Seer Marine orders 4 new tankers
South Korea's K Shipbuilding will deliver the tankers in 2024.AD Ports Group records 77% growth in Q3
The company's EBITDA increased 52 percent YoY to $162 million.Emaar 9M revenue at US$5.1bn
Robust property sales helped firm enhance revenue.ADNOC Drilling 9M net profit $568m
Onshore revenue for the period was $1.074 bn, up 25% YoY.TAQA posts 53% income rise
The income vaulted to $1.77bn in the first nine months of 2022.Invictus 9M net profit $105m
The firm reported a 125 percent increase in its revenues.PIF to sell Tadawul stake
It will sell 10% of its stake, amounting to 12m shares.FTX goes bankrupt in US
The Cryptocurrency platform chief executive quits.SoftBank Q2 net profit at $21.4b
Firm's reduction of stake in Alibaba partly helped.ADNOC Distribution 9M net profit up 39%
The company paid a dividend of AED1.285 bn in Oct.Luxury group Richemont posts H1 2022-23 loss of US$786m
Loss is basically due to the sale of one of its online platforms.SALIC buys 9.2 percent stake in LT Foods
The deal follows the acquisition of 30% stake in DaawatAir Arabia Q3 net profit $113m
The profit rose by 99 percent compared to Q3 2021.ArcelorMittal Q3 profit at $993m
Firm is suffering from slowdown in China's economic growth.Mazda pulls out of Russia JV
Firm to transfer it equity interest to JV partner Sollers.Emirates H1 profit at US$1.1bn
Revenues in H1 of 2022-2023 surged 131% to $13.7 billion.Burjeel’s nine-month net profit $55.83m
The company's revenue grew 17.8 percent year on year.Agthia’s profit rises by 14%
The food firm's revenue shot up to $260 million in Q3.UAB posts $32.39 million net profit
Third quarter operating income grows by 4 percent.Dana Gas net profit up 64%
The company reported net profit of $161m for 9M of 2022.Al Arabia’s profit up 43%
Its profit rose to $52 million in first nine months.Adidas picks new CEO
The new CEO is being given a five-year contract, the firm said.Binance to buy rival FTX
No financial terms were disclosed of the proposed deal.Zain Group 9M net profit $492m
Revenue was up 12% to reach $4.2 billion for the same period.Ahlibank 9M net profit $65m
Customer deposits up by 9.2% to reach $5.79 bn.Bayer Q3 profits at US$544m
Strong performance of the firm's agrochemicals division helped.ADNIC 9M net profit $72m
Net investment and other income reached AED93.8m.Yahsat reports double digit revenue
The company posted an EBITDA of $189 million.BinDawood’s profit falls by 74%
Its net profit tumbled to $16m in first nine months.Al-Othaim’s profit up by 436%
Its profit rose to $235m in the first nine months of 2022.2 Emirates NBD India branches
The branches cater to northern, southern areas.Ryanair earns bumper profit
It posted a net profit of $1.36bn in H1.



















































