EDGE Group, Indra form JV
It will make next-generation radar systems in UAE.Salik revenue soars to US$574m
Toll usage revenue rose 11.7% YoY to US$502million.Swiss central bank posts 2023 loss
The bank has raised its interest rates to tame inflation..DIEZ profit jumps 64.6% in 2023
The market value of its net assets crossed US$5.66bn.GAS, SPPC ink two contracts
The duration of each contract is of 22 months.Zain KSA net profit $335m
The company's fourth-quarter net profit was $78 million.Ooredoo, Nokia sign MoU
It will commit the two to sustainable innovation.ADIB 2023 net profit $1.4bn
The bank achieved a Return on Equity of 27.1 percent.VW’s 2023 operating profit $24.4bn
An increase in sales in North America and Europe lifted the profits.Dubai Taxi Company net profit up 54%
The company will pay a dividend of $19.33 million for Q4.Emaar unveils new projects
The new projects are estimated to value US$26.14 billion.ADNOC buys 25% stake in OMV
The OMV is headquartered and listed in Vienna, Austria.QFC signs two MoUs
MoUs with BFB, Partior were inked during Web Summit 2024.British Airways profit soars six-fold
The company said it was 92% booked for the first quarter of 2024.Electronic Arts announces job cuts
The company is cutting about 5 percent of its workforce.Air France-KLM posts profit
The airline reported record revenue of US$32.49bn in 2023.QDB signs MoU with Global Ventures
The collaboration is expected to boost private sector in Qatar.Mubadala Capital, Woori sign partnership
The two firms will explore mutually beneficial investment opportunities.Luberef net profit falls 24%
Decline attributed to lower prices for base oils, secondary products.Apple drops electric car plans
It had dedicated nearly 2,000 workers for the program.Nissan plans self-driving taxi service in Japan
It has been testing self-driving mobility services since 2017.Chevron $53bn Hess deal in danger
Rivals' challenge to the control of a key oil asset can derail the acquisition.AI entity is Board Observer in IHC
IHC is a pioneer in leveraging AI for decision-making.Mashreq closes $88m loan
The one-year syndicated term facility was closed for Agrobank.Multiply Group acquires Backlite Media
The buyout is part of its plan to boost media business.IHC posts net profit of US$8.97bn
Its revenue jumped to US$16.33 billion, a rise of 17.9 percent.Maaden net profit falls 83%
The company's fourth-quarter net profit declined 12% YoY.Goldman Sachs, Mubadala ink pact
The two firms have signed a $1 billion private credit deal.SABIC AN profit falls 64%
The company had posted a profit of $2.67 billion in 2022.QGIRCO 2023 loss $439m
Loss attributed to revaluation of investment properties.Disney and India’s Reliance to merge
The merger will create a powerful entertainment giant.Alcoa to buy Alumina in all-stock deal
The US aluminum producer will buy Alumina for US$2.2bn.Ford halts shipment of F-150 EVs
It will carry out quality checks on pickup trucks.Ratcliffe unveils electric Ineos car
Jim Ratcliffe is the co-owner of the Manchester United.Bosch to cut 3,500 jobs
The company is reducing costs to safeguard competitiveness,Chip giant TSMC shifts to Japan
The company produces half the world's chips.Lloyds Group profit is $6.2bn
High interest rates benefitted the British lender and banking sector as a whole.Rolls-Royce back into profit
The engine maker swung to profit of $3bn from a loss of $1.64bn in 2022.flydubai net profit $572m
This is the carrier's strongest-ever performance.Mubadala, co-investors buy Truist stake
TIH is the fifth largest insurance broker in the United States.Vietjet to buy 20 A330-900 planes
The company signed MoU with Airbus for the widebody aircraft.Nestle net profits up 20.9%
Sales grew 7.2% in value terms, fell 0.3% in volume.Qantas half-year profits slide
Its net profit dropped 13.2% to US$570 million.Doha Insurance net profit up
The profit jumped to US$41.40m in 2023.Nvidia profit soars to US$12.3bn
The company's revenue spiked to US$22.1bn.Korea’s H2O sets up base in Abu Dhabi
It will collaborate with Abu Dhabi Investment Office.Boursa Kuwait posts $51m net profit
Operating profit for 2023 was recorded at US$59 million.Glencore 2023 profit down 75%
The company said lower energy prices cut into its profits.e& 2023 net profit is US$2.8bn
e& said the net profit is a growth of 3 percent year-over-year.Mobily 2023 profit up 35%
The company's Q4 2023 net profit surged 23%.




















































