SALIC, Minerva Foods buy Australian Lamb Company
ALC is one of the largest meat producers in Australia.Doha Bank net profit climbs up 4.6 percent
It recorded the profit at $256m in the first nine months of 2022.DEWA to pay one-time cash dividend
It received a dividend of $553m from its subsidiary, EMPOWER.Sharjah Islamic Bank’s profit rises 24%
Operating profit before provisions rose by 12%.ADCB Q3 net profit at US$432m
The diversification of revenue streams boosted the bank's profitability.Empower to sell 10% stake, list on DFM
Empower will make 1 bn shares, each valued AED0.10, available in IPO.Credit Suisse to pay $234m fine
Bank to pay fine on money laundering, tax fraud charges.Aliph Capital secures $125m investment for its maiden fund from ADQ
Aliph Capital is an alternative investment firm focused on private equity investing.Mubadala, KKR in $1bn capital tieup
The two firms signed a partnership to provide bespoke credit solutions.Philips to cut 4,000 jobs as losses deepen
The step followed penalty for faulty sleep respirators.Riyad Bank reports 13% jump in profit
The bank's profit rose to $1.3bn in the first nine months of 2022.ACWA Power to start Oman project
It will build the $7bn project with Oman and a US firm.NMDC records 40% profit jump
Its profit shot up to $191m in first nine months of 2022.Reliance Q2 net profit at $1.65bn
RIL's core oil-refining business hit overall profits.Bayanat AI IPO tranche oversubscribed
The offering saw significant demand and commitment from IHC.Credit Suisse sells 8.6% stake in Allfunds
Bank raised US$325m from its stake sale of Spanish firm.Arada closes $100m tap on its Sukuk
Its existing Sukuk valued $350m was issued in June.Dlala Holding to resume trading
The authorized capital of the company is US$78 million.EasyLease net profit $8.91m
The total revenue in Q3 ended Sept reached AED156.11 millionMedicare net profit up 4.58% in first nine months of 2022
The earnings per share amounted to $0.54.Nokia Q3 profit at $419m
The Finnish company reports net sales of $6billion.Ericsson Q3 profit at $480m
Firm is making 'pricing adjustments' as inflation soars.SABB nine-month net profit $926m
The net profit for the same period last year was $738m.American Airlines posts Q3 profit of US$483m
American Airlines third quarter revenues rose to $13.5 billion.SABB posts 26% profit rise
The profit touched $931m in the first nine months of 2022.DEWA shares drop 2.8%
The decline came amid reports of economic slowdown.Tesla profit jumps; revenues miss estimates
Tesla watchers are expecting a strong fourth quarter.ENOC opens new station in Al Hamriya Port
This would be the eighth marine service station in the emirate.Mubadala acquires stake in Skyborn
Skyborn Renewables is the world’s largest private offshore wind developer.Aramex acquires eCommerce enabler MyUS
The acquisition integrates MyUS into Aramex’s business.Sipchem posts jump in profit
It recorded a 37% increase in net profit to $800m.Goldman Sachs Q3 profit at $3bn
The bank's revenues declined 12 percent to $12 billion.Aramco to build fabrication yards
The yards will more than triple Saudi offshore fabrication capacity.QIB’s profit shoots up 13%
It reported $783m profit in the first nine months of the year.ADQ submits shareholding offer to ADA
ADQ aims to establish a diversified aviation services and MRO business.BP to buy Archaea for US$4.1bn
BP bought US firm to reach net zero emissions by 2050.Al Seer signs JV
The agreement was signed with Damen Shipyards and DTec Industries.Saudi Top to list on Nomu
The company will list 880,000 ordinary shares via an IPO.Zain KSA shares go up
The stock rose after the transfer of its subsidiary to the PIF.Bayanat AI to list shares on ADX
About 77% shareholding will be held by Group 42 Holding.Reliable Engineering opens plant
The production unit was inaugurated at Hamriyah Free Zone in Sharjah.Al Awali to raise US$133m
The Saudi developer will offer 20% of its shares on Nomu.flydubai, Smartwings sign agreement
flydubai will wet lease four Next-Generation Boeing 737-800 aircraft.Mubadala buys stake in EQT Infrastructure’s GlobalConnect
GlobalConnect is a fiber-based data center services provider.VW, Horizon Robotics plan JV
JV will help in strengthening VW's presence in China.Oman & Emirates Co. Q3 net profit $5.6m
The profit for the same period in 2021 was 538,832 OR.Infosys Q2 profit at US$731.4m
The firm approved a $1 billion share buyback after Q2 result.Fast Retailing posts yearly net profit at US$1.86bn
Firm owns Uniqlo, Comptoir des Cotonniers clothing brands.ADNOC awards $980m contract
The contract awarded to ADNOC Drilling to hire offshore rigs.Yellow Door closes $400m equity raise
It plans to deploy $1bn in sustainable energy projects.




















































