The firm said the impact of Emirates Steel and Arkan merger was positive.

However, net profit dipped 14% from the last year's record high.

The company’s net revenues are up 58% year-on-year.

Oil prices continue to spike, beefing up energy companies.

Ayman Aboabah was appointed after the airport witnessed chaos.

The company has appointed Hisham Hammoud to the post.

With this turnover, it became the first Indian firm to cross the mark.

German sportswear giant was hurt by China lockdowns.

Brazilian President Jair Bolsonaro has criticized it for rising fuel prices.

German carrier set its sights on a record summer for traffic.

AD Ports to develop, operate, and manage a terminal in Safaga seaport.

Revenue rallied 51 percent to $84.2 billion.

The firm says results signal travel rebound.

The drugmaker reported another round of strong earnings.

The net income increased by 29.4 percent compared to $128.3m for Q1 2021.

The buyout will give Swvl a foothold in developed markets.

Revenues grew 8.5 percent to AED 3,128 million.

The oil giant acquired shareholding from Mubadala Investment Company.

The company warns of continuing challenges in the months ahead.

However, it warned of a $4-8bn hit from Covid and supply chain woes.

The results represent the highest quarterly net profit in the bank's history.

The new logistics park is scheduled to open in 2023.

The British firm reported $14.5bn revenue in Q1.

The company is set for recovery in 2022-23, said analysts.

Investors had been worried that as the pandemic eased and people socialized more in real life that they would engage less on Facebook.

The company recorded sales of SAR 8.9 billion, up by 64%.

Steady chip demand and brisk smartphone sales led to the rise.

The automaker now sees 2022 net profit of between $9.6 bn and $11.2 bn.

The firm said its revenue grew 32 percent to 2.68 billion dirhams.

TA’ZIZ taps Indian conglomerate for Ruwais project.

Shares sank nearly 5 percent to $2,257 on the news.

The UAE-based Aldar Investment is the subsidiary of Aldar Properties.

Its consolidated revenues rose 0.8 percent to AED13.3 billion.

Higher-than-expected credit losses and inflation are to blame.

Traditional carmakers are in a race to make more electric vehicles.

West Cairo has witnessed strong real estate development.

Britain's competition authority had stopped the FB-Giphy merger.

The company said it added about $653m to Abu Dhabi's economy.

The stock exchange established Shariah Advisory Committee.

The bank said it continued to maintain a strong liquidity.

Nestle raised prices due to inflation, and signaled more hikes.

Abdullah Al-Sudairy will hold the dual posts of CEO and MD.

Qingdao (China) and Sokhna (Egypt) among strong performers.

The bank said it was the highest quarterly profit since 2019.

The company saw revenues increase by 8.2 percent.

Tesla shares rose 5% to $1,026.99 in after-hours trading.

Al Seer Marine and BGN International sign the $134 million financial transaction.

These solar projects in Morocco were part of a large international tender.

The Swiss banking giant said it has taken a hit from the Ukraine war, litigation.

The Saudi developer reports $37m net profit in Q1.