Turkish Airlines profits soar
In December, the airline ordered 230 Airbus planes.EasyLease buys stake in United Trans
This helps EasyLease expand its presence in mobility sector.Tesla reports drop in auto sales
The decline was in part due to a weak sales market in China.FAB, Microsoft forge partnership
The two will work to develop AI-based banking capabilities.Drake & Scull to issue 2.4 billion shares
This will raise its share capital by $163 million to $944 million.Google to delete incognito search data
The suit filed in June of 2020 sought US$5bn in damages.ADQ launches new firm in healthcare sector
Arcera will aim to improve the quality of "human life."Liberty Media buy MotoGP
Formula One owners paid US$4.5 billion for the deal.ADNOC Gas to pay $3.25bn in dividends
The company had paid an interim cash dividend of $1.62bn in Dec 2023.Omantel approves cash dividend
Net profit grew by 13.1 percent compared to 2022Agility 2023 net profit $272m
The company is recommending a cash dividend of 10 percent.Microsoft, AI to set up data-center project
It will cost US$100bn and will include an AI supercomputer.OpenAI unveils voice-cloning tool
It can essentially duplicate someone's speech.Huawei profit tops $12bn
The profits more than doubled compared to 2022.Amanat FY 2023 revenue $195m
The company's revenue grew by 40 percent year-on-year.Amlak 2023 net profit $70m
The company's revenue fell by 18 percent in 2023.Borouge approves $1.3bn dividend for 2023
The company intends to pay $1.3bn in dividend for 2024 also.Embracer sells Borderlands
The sale is expected to be completed by June-end .DEWA okays $844m dividend
In 2023, DEWA's revenue exceeded $7.8 billion, its highest ever.flydubai adds two Saudi destinations
Flights to Al Jouf Airport and Red Sea Airport to start from April 18.UBS reports lower net profit in 2023
The Swiss government pushed it to buy Credit Suisse last year.China’s Xiaomi to enter EV market
China's EV sector has grown rapidly in recent years.Investcorp Capital names new CFO
Rohit Nanda, the new CFO, will take up his new job next month.Empower okays S115.7m dividend
The company has already disbursed dividends for H1 2023Hyundai to invest $50bn in South Korea
The automaker will make a bigger push to produce EVs.Waha to pay cash dividend of 10 fils
The firm also okays 1.5 fils per share special dividend.BYD posts record 2023 profit
The Shenzhen-based firm is now moving quickly overseas.Mubadala invests in Avanse
Avanse is education-focused non-banking financial company.Olympics tech firm Atos posts huge loss
The company posted a net loss of US$3.7 billion for 2023.Alibaba Cloud opens training center in Dubai
It will be a hub for customers to lift up "digital competence."ADNIC approves cash dividend of $69m
The company had posted its highest-ever net profit of $109.1m for 2023.RSG, Hyundai Motor ink pact
The two firms will explore opportunities in various areas.Mubadala acquires KELIX bio
KELIX bio is a specialty pharmaceutical business.ESA, SAP ink agreement
ESA will consolidate operations under a single ERP solutionNissan to shrink EV production costs
The automaker will slash production costs by 30 percent.Boubyan Bank okays 8% cash dividend
The Bank's general assembly also approved 6% in bonus shares.Petro Rabigh net loss up 320% in 2023
The company narrowed losses to $367 million in Q4.CATRION 2023 profit up 10%
The company said that net profit, however, dropped 35% in Q4.Nasdaq edges to record
The Dow Jones Industrial Average dropped 0.8 percent.Response Plus net profit surges in 2023
The Group's profit increased by 68% YoY to $13.52 million.Italy’s Enel doubles net profit
Its net profit spiked to US$3.7 billion in 2023.Lamborghini sales up in 2023
The deliveries sped up 9.5 percent to 10,112 vehicles.EGA to acquire Leichtmetall
EGA is to buy 100 percent of firm from Leichtmetall Holding.ESG buys additional stakes in 2 firms
The stakes were acquired in Vision Factory and Decovision.Emarat partners with Al Maryah Bank
Al Maryah gets first naming rights for Emarat fuel stations.Reddit to make trading debut on NYSE
It comes amid a slowdown in the tech sector IPOs.Borse Dubai to sell Nasdaq shares
The sale is poised to generate $1.59 billion.Tabreed approves record dividend
The cash dividend of 15.5 fils per share was okayed at Tabreed's AGA.Al Ansari to pay $81m dividend
This brings the total amount of dividend for 2023 to $162m.Google hit by US$272m fine in France
It breached an agreement on terms for paying media firms.




















































