Sadara Chemical Co., a joint venture between oil major Saudi Aramco and US Dow Chemical Co., has posted a net profit of SR3.1 billion in 2021, a bourse filing revealed.

The pharmacy chain operator collected $500 million from shares buyers.

The companies will expand regional operations, boost production capacity.

Arabian International Healthcare Holding Co., also known as Tibbiyah, has posted a fourteen percent drop in net profit to $21 million in 2021.

The residential complex is located in Bir Al-Souk in Morocco.

The net profit of Gas Arabian Services Co. has decline to $16 million.

The carmaker sold 600,000 fewer vehicles in 2021 than in 2020.

Bank’s move came in protest against Moscow's invasion of Ukraine.

The adjusted EBITDA growth was 15.3 percent ($3.828 bn) and capital expenditure $1.393bn.

The refinery, in China’s Panjin, should be operational by 2024.

DH is Dubai’s commodities and mining investment arm.

The tools help groups automatically reject posts with false info.

The dividend is 53.4 percent of the net profit earned by the firm last fiscal.

The decision follows approval of the Bank's General Assembly.

AHOY, a UAE and Saudi operating logistics startup, has raised $20 million in financing from undisclosed investors. 

The group’s net profit stood at AED216 million in 2021.

It will help DNI assess people and companies’ financial position.

The Emirati budget airline carried 5.6 million passengers last year.

The Saudi manufacturer’s revenue rose 77 percent year-on-year.

Yanbu Cement Co., one of Saudi Arabia's largest cement producers, has posted a forty three percent dip in net profit to $43 million in 2021.

East Pipes of Saudi Arabia has secured a Shariah-compliant working capital financing of $133 million from Bank Albilad.

It has appointed Ahmed Obaid Al Qaseer to the post.

The project will see an investment of SAR3 billion ($800 million).

Malaa Technologies will launch its banking operations in Saudi Arabia after it obtained an approval from the kingdom’s central bank.

The company will build the government’s data network.

Telecom Egypt has posted a net profit of $535 million for 2021, a seventy four percent jump compared to the previous year.

Al Arabia, an advertising firm, has posted a net profit of $55 million in 2021, a 718 percent jump compared to the previous year.

Under the agreement, a 100MW solar plant will be built in Tunisia.

It will distribute cash dividends of QAR0.01 per share.

The German carrier said it cut its losses by two-thirds in 2021.

The company recorded 27 percent YOY rise in freight carried.

The $32.13m contracts are aimed at development in Masaar.

The company has already paid $500m in quarterly dividends.

The office is located in Al Ghilaila Building, overlooking the Fujairah corniche.

The company signed several contracts in Data and Mobility solutions businesses.

It has stopped its Moscow operations and support for Russian airlines.

The transaction was done by Merak Capital.

Apple Pay and other services are also limited in Russia.

It has offices in Moscow and St Petersburg with 1,000 employees.

The two companies will form a joint venture company.

Media reports said Mubadala will be investing at least $50 million.

Action followed after Russia's invasion of Ukraine.

The app is now letting users upload videos as long as 10 minutes.

The Riyadh-based firm has appointed Solaiman Abdulaziz Altwaijri as its CEO

Feras Bin Ghassab Al-Harbi has held several leadership positions.

Bahrain-based Islamic investment bank GFH Financial Group intends to list on the Saudi stock exchange, Tadawul, and Abu Dhabi Securities Exchange, ADX, according to media reports.

Divetech is a UAE-based topside-subsea solutions provider.

AG&P will use an Adnoc L&S vessel as a floating storage.

FB is accused of not stopping fact-checkers on its platform.

The net profit was 3.2 percent higher than in 2020, the company said.