Aldar Properties profit up 44 percent
Net Profit of Aldar in Q2 2022 amounted to $229 million.ADNOC eyes stake in key Egypt firm
ADNOC Distribution will acquire 50 percent stake in TotalEnergies Egypt.TotalEnergies doubles Q2 profit
Rising oil, gas prices are yielding bumper profits across the sector.FAB profit up 50 percent
The company's net profit amounted to $2.18 billion.Etihad profit for H1 $296 million
The profits rose despite 60 percent hike in fuel costs.DP World signs two deals
The projects will strengthen F&B cluster in Jebel Ali.Multiply H1 2022 profit up US$126m
Net profit equates to a healthy 91% of revenue for the period.UDC profit up 23% in H1 2022
The company earned a profit of US$37,302,472 in HI 2021.IFZA, CBD ink banking deal
Opening corporate bank accounts to become easier for free zone firms.Tabreed H1 profit $65 million
The profit saw an increase of 3 percent over H1 2021.NMDC, James Fisher sign MoU
They will collaborate on key oil and gas projects.Aldar acquires Doubletree
DoubleTree by Hilton Resort & Spa Marjan Island is a beachfront resort.ADNOC awards $2bn in contracts
The contracts were awarded to ADNOC Drilling.Microsoft earnings fall
The poor performance result of sagging demand.Rolls-Royce picks new CEO
Tufan Erginbilgic replaces Warren East from the start of 2023.EasyJet cuts losses
The airline had taken a sizeable financial hit from disruptions.ECI signs MoU with HFZA, SAIF
The three entities will support Sharjah exporters and re-exporters.ADNOC Logistics acquires Zakher
The financial details of the transaction were not disclosed.Al Zamil buys tower for $133m
The saudi developer bought the residential tower in Makkah.Al Seer targets 2-3m tons cargo
ASM manages 5 dry bulk and general cargo ships.Condor orders 41 jets
The airline is buying aircraft using less fuel.Borouge 4 expansion on track
EPC contractors are set to start construction this month.SAIB shares vault more than 2%
The stock rose after it declared cash dividends of $80 million.Ataa acquires Saudi firm Naba’a
The acquisition made through Ataa subsidiary.Salama Coop Insurance to cut capital
The company’s shares will also reduce from 25 million to 10 million.EITC posts 26% jump in profit
The net profit rose to $82.5 million for the second quarter.Twitter Q2 revenue at $1.18bn
Twitter reported disappointing results on Friday, a miss that the social network attributed to "headwinds" including the uncertainty related to Elon Musk's buyout bid.Qatar Airways orders 25 aircraft
The airline ordered 25 Boeing MAX 10 jets worth $3.3bn.Arada H1 property sales up
The developer sold homes valued at $405m in Sharjah.American Airlines registers Q2 profit
Profits were $476 million compared with just $19 million in the year-ago period.Amazon expanding health care
It will acquire US health care provider One Medical for $3.9 bn.easyJet orders 56 aircraft
The order for single-aisle aircraft is worth $6.2 billion.ADIB H1 net profit $381m
Net profit increased by 30 percent YOY to $381 million.Boeing wins $8 bn contract
The US planemaker will manufacture 66 MAX aircraft.Zain Group Q2 net profit $165m
The Group will pay a half-year dividend of 10 fils per share.SAMI, Lockheed Martin sign pact
A center for manufacturing composite materials will be set up in Riyadh.Farnborough show raises Boeing hopes
Boeing plans to show off several planes including the MAX 10.DFM welcomes listing of Union Coop
Dubai Financial Market (DFM) Monday welcomed the listing of Union Coop’s shares, becoming the first cooperative society in the UAE to take this step. The move is in line with the UAE Government’s decision pertaining to the trading of cooperative societies' shares on financial markets, which aims to strengthen the...Healthcare giant Haleon worth $37bn
The company began trading in London on Monday.Jarir reports drop in H1 profit
The profit declined to $114m with its stock sliding too.Lufthansa expects best quarter results
The airline expects to book an operating profit of "between $352m and $403m.EDB, Valiant Healthcare sign pact
EDB credit facility will extend to both capital investment and expenditures.Agthia buys 60% stake in Auf Group
The deal builds on Agthia’s acquisition of BMB Group.Amazon to create 4,000 UK jobs
This will make it one of the nation's 10 biggest private sector employers.Bank Muscat net profit up 5 percent
The bank said profits up despite lower net interest income and higher expenses.Select Group buys hotel in UK
The purchase is part of Dubai-based firm's expansion plan.AD Ports, Hayat Biotech ink deal
AD Ports to support Hayat' global logistics and distribution.EGA, K Line green pact
They will work on projects to decarbonize bulk cargo shipping.SirajPower, Cleanco sign agreement
SirajPower will develop a fully financed 2 MVA solar-diesel-battery.$5.76bn French factory on cards
STMicroelectronics and GlobalFoundries to invest in semiconductor unit.



















































