SAN Group to invest in RAKEZ
The firm will construct a sustainable hydrogen production unit in the zone.DP World volume growth 9.4 percent
All DP World regions delivered volume growth, especially India.Toyota profit beats estimates
The company was the world's top-selling carmaker in 2021.Al Seer Marine invests in AD Ports
With an investment of $326m, Al Seer now owns 7.36 percent of AD Ports.BP profits $7.6bn in 2021
The company aims to cut emissions by 50 percent by 2030.SoftBank Arm sale scrapped
The company plans public offering of Arm by March 2023.Lockheed Martin nets NASA deal
The company will make a rocket to bring back rocks from Mars.Industries Qatar profit up 321%
The company achieved a net profit of QR 8.1 billion for 2021.Nakilat net profit $370m
This is the company's highest profit since its inception.Toshiba to split into 2 firms
This is a revision of an earlier proposal to divide into three companies.DP World Q4 volume up 2.6%
The gross container volumes rose by 9.4% year-on-year.Fitness Time posts $54.9m net profit
The operator of the largest Saudi gym chain also sees growth in revenues.Saudi Arabia’s Nomu to see two listings
Gas Arabian Services and Obeikan Glass will make debut on the parallel market.SHUAA helps Anghami to list on NASDAQ
Last year, the firm helped Anghami in arranging $30 million investment.Sanofi posts strong sales
French pharmaceutical group's overall sales rises 4.8% to $43.3bn in 2021.Meta stock value down $200bn
Mark Zuckerberg lost some $25 billion in value.Aldar Education gets $272m
Company's growth plan focused on three locations in Abu Dhabi.Shell reports huge profit
Net profit stood at $20.1bn in 2021 after a loss of $21.7bn in 2020.Spotify posts $44.1m loss
The company reported a loss of $44.1 million in Q4 2021.Mubadala, Trafigura complete mining sale
They have sold 100 percent of Spanish operation MATSA to Sandfire Resources.GM sees strong demand in 2022
In Q4 2021, GM saw global car sales sinkAlphabet doubles annual profit
The tech giant had net income of $20.6 billion on revenue that grew 32 percent to $75 billion in the final quarter of 2021, ending the year with a total of $76 billion in profit.Sanad picks new CEO
Sanad, a subsidiary of Mubadala Investment Company, has appointed Mansoor Janahi as the new Group CEO.ExxonMobil posts Q4 profit
ExxonMobil reported a profitable fourth-quarter Tuesday to conclude a strong comeback year in 2021 on higher oil prices amid recovering energy demand.DFM 2021 net profit $28m
Its total revenues reached AED294.6m in 2021, reduces expenses by 4 percent.Sony to buy Bungie
Bungie is based not far from Microsoft headquarters in the US.New York Times buys ‘Wordle’
The deal was made for an "undisclosed price in the low seven figures."Moro Hub teams up with Swedish firm
Moro Hub, the digital arm of DEWA, has signed an agreement with Axis Communications, a Swedish company, offering video surveillance solutions, access control solutions, audio solutions and intercom.Arab Bank profit up 61%
The net income after tax rose from $195.3m to $314.5m.SACC picks board heads
It has also formed several panels that will function for three years.Applebees, IHOP in UAE soon
The first location is scheduled to open in Dubai later this year.Toyota is top-selling automaker
The company overcomes chip shortage, supply chain woes.Apple hits revenue record
The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet.Auto alliance to invest $25 bn
The investment in electric vehicles spread over next 5 years.FAB’s 2021 profit hits AED12.5bn
This marks a 19 percent increase year-on-year.iPhone retakes top spot in China
iPhone accounted for 23% of the market in Oct-Dec.Samsung profit up 53%
High memory chip prices helped the company.Marriott Autograph Collection in Sharjah
Two of Shurooq projects will operate under Autograph brand.Boeing reports $4bn loss
Boeing reported a hefty fourth-quarter loss Wednesday on mounting costs associated with the widebody 787, of which it has suspended deliveries due to quality problems.Dubai Islamic Bank profit rises
Its net profits increased by 39 percent in 2021 to AED 4.4 billion.Emirates NBD’s profits jump 34%
Dubai's largest bank sees its net profits rising to $2.5 billion in 2021 from $1.9 billion in 2020.Microsoft posts strong earnings
The tech giant bought Activision Blizzard last week.QIIB 2021 profit at $276m
This was an increase of 7 percent in net profit year on year.Boeing makes $450m air-taxi bet
The investment is in Wisk, which looks to make autonomous air taxis.Meta touts supercomputer
The device is up to 20 times faster than Facebook’s current systems.Arada secures $41m in finance
The money will fund Aljada mixed-use project in Sharjah.Aldar and EWEC sign clean energy deal
EWEC will supply clean energy to all Aldar owned and managed assets.AD Ports, Eni Abu Dhabi sign pact
The two firms will establish a marine logistics base at Mugharraq Port.Investcorp inks $4bn deals in US
It acquired properties worth $2.5 billion, and made sales of $1.5 billion.Evergrande undergoes rejig
A state firm official was appointed to the Chinese firm’s board.



















































