ADX partners with Eureeca
The collaboration will bolster accessibility to ADX IPOs.Masdar to buy stake in Terra-Gen
Masdar to buy 50 percent stake in Terra-Gen from ECP.AstraZeneca to buy Fusion
The $2.4bn deal is its latest expansion into cancer treatments.ACWA Power refinances Al Dur debt
ACWA was the sole financial advisor to Al Dur Phase II IWPP project company.Nvidia unveils ‘superchips’
The company also announced other AI developments.Arabian Drilling to pay $60m dividend
The firm said the total dividend for 2023 will be S120 million.Sovcomflot 2023 net profit $900m
In 2023, the firm demonstrated strong financial results.EITC to offer fintech services
The company has been licensed for fintech services by the CBUAE.ADNOC and SEFE sign agreement
ADNOC will supply 1 million mtpa of LNG to SEFE Singapore.SAIC net profit $39 million
The company's Board announces a dividend of $11.79 million.Nakheel, Meydan join Dubai Holding
The Board of Directors of both Nakheel and Meydan will be abolished.ExxonMobil makes new oil discovery
The oil and gas strike is the first of 2024.Du, Samsung ink agreement
The two companies have signed a three-year partnership.Vodafone sells Italian unit to Swisscom
British telecoms giant sold the business for US$8.7 billion.Nissan, Honda in tie-up for EVs
The alliance will take on China's dominant EV makers.AstraZeneca to buy Amolyt for $1bn
It will pay $800 million upfront for the Lyon-based company.DP World 2023 profit is $1.5bn
The company's revenue grew 6.6 percent to $18.25 billion.Majid Al Futtaim net profit is $735m
The Group reported a 12% increase in EBITDA to $1.25 billion.ADNOC Drilling to pay $358m dividend
This brings the total dividend for 2023 to $717 million.Foxconn net profit jumps 33%
Its net profit for October-December rose to US$1.6bn.Parkin record-breaking IPO raises $428m
The offer was oversubscribed 165 times for all tranches combined.Inditex posts record net profit
Inditex, the world's biggest fashion retailer, is owned by Zara.Walaa posts $39m net profit
The insurance provider had suffered a loss of $18.15m in 2022.Adidas posts 2023 loss
In 2024, it expects sales to grow at a "mid-single-digit rate".Volkswagen profit up
It delivered some 9.2 million cars to customers in 2023.Lego net profit falls
Its net profit fell five percent to 13.1 billion kroner ($1.24bn).Yalla Group 2023 revenue $318m
The company's fourth quarter revenue soared to $80.9 million.EIC to pay $22m dividend
The company's board had decided 15% cash dividend for H2 2023.Microsoft to train Philippine women in AI
It will partner with local schools to provide the training.Xiaomi announces release date for EV
It will be its first foray into the electric vehicle sector.Ford to pay US$365m in US tariff fraud case
It will settle a civil suit linked to the disguising of imported vans.CI Capital 2023 revenue $134m
The firm’s performance was fueled by strong growth.United Arab Bank elects new chairman
Sheikh Mohammed bin Faisal will now lead the bank.Aramco profit down in 2023
The oil giant posted a 24.7% fall in net profit to US$121.25bn.Lufthansa cabin crews to go on strike
The announcement came after the airline's record profits.Ooredoo partners with Dropbox
It will enable customers to access Dropbox's tools.Binghatti lists sukuk on Nasdaq Dubai
The debut issue of the company is valued at US$300m.Burjeel Holdings net profit up
The company’s 2023 annual revenue rises to US$1.2 billion.Nationwide offers to buy Virgin Money
Nationwide has offered US$3.7 billion for Virgin Money.Lufthansa profit spikes in 2023
Its net profit shot up to US$1.82bn as demand booms.SEC 2023 net profit $2.74bn
The company's board announces a dividend of $775 million.Arcapita Capital closes $500m fund
The fund saw participation from leading sovereign wealth funds.Toyota to invest US$2.2bn in Brazil
The automaker will beef up production of hybrid vehicles.FAB shareholders approve dividend
The 50% cash dividend would be to the tune of US$2.12bn.TECOM 2023 net profit $299m
Revenue in 2023 grew by 10 percent YoY to $599 million.ADES 2023 profit $120m
Higher utilization rates in Saudi, Egypt fuel revenue growth.Parkin IPO price AED2-2.1
The price range implies a market capitalization of $1.63bn-$1.72bn.ADNOC partners with Viola Communications
They will utilize outdoor media-leasing spaces for advertising.JetBlue, Spirit Airlines cancel merger
Earlier, a federal judge ruled it violated US antitrust law.American Airlines orders 260 jets
It is part of the airlines' effort to 'modernize' its fleet.


















































