HSBC posts record profit of US$30.3bn
The bank would initiate a share buyback of up to US$2 billion.ADIB unveils new payment hub
It will help customers to seamlessly process transfers.Walmart to buy TV maker Vizio
The acquisition of the TV maker is worth $2.3 billion.Capital One to buy Discover for US$35.3bn
Its shareholders will own 60% of the combined company.BP to pour US$1.5bn into Egypt oil exploration
It plans to hike investments in the country to US$5 billion.BHP net profit tumbles 86%
Its sales jumped 6% to US$27.2bn in half-year results.Yanbu NPC loss $129m
The company had reported net profit of $110 million in 2022.PIF acquires 40% of Zamil Offshore
Zamil is one of the largest offshore support vessel operators.Emirates Flight acquires Bustanica
Bustanica is the world's largest indoor vertical farm.SIB approves 10% cash dividend
The bank appointed Dr Al Saadi as Sharia Supervisory Committee member.Nintendo shares tumble 8.5%
Its next-generation console will be delayed until 2025.Aamal net profit up 5.7%
Its gross profit jumped 3.1% to US$137.25m in 2023.HMG 2023 net profit $544m
The rise was due to the hospitals and pharmacy segments.OpenAI valued at $80bn in new deal
With this deal, the value of the firm has tripled in 10 months.EDF’s net profit is $10.8bn
EDF cut its large debt by increasing nuclear production.solutions to pay 60% cash dividend
The company posted a 13 percent rise in net profit for 2023.NatWest profit soars 32%
The British bank's net profit jumped to US$5.5bn in 2023.Tenaris sets up base in Abu Dhabi
The global pipe maker invested US$60m in the business.Americana Restaurants posts profit.
The annual net profit in 2022 was US$470 million.QEWC 2023 net profit US$426m
QEWC market share in supply of electricity was 61 percent.Commerzbank net profit $2.4bn
This is the bank's biggest net profit in 15 years.Tabreed 2023 revenue up 9%
The company reported a net profit of $204 million.AD Ports Group net profit up 6%
Revenue growth driven by ports, logistics, and digital clusters.Airbus profit drops 11 percent
The group plans to deliver "around 800" aircraft in 2024.ADNOC L&S profit spikes 138%
Its revenue jumped 41% to US$748 million in 2023.Cisco to cut thousands of jobs
Nearly 5% of its workforce will be hit by the cuts.ADNOC and bp to form gas JV
The JV is expected to be completed in the second half of 2024.Ford Middle East sales up 63%
Growth fueled by Ford Territory, F-150 and other models.$1.39bn credit facility for Cenomi Centers
The Shariah-compliant facility was secured with several banks.Sony hikes net profit forecast
It now predicts full-year net profit to touch US$6.1 billion.Boeing expects Q1 hit from MAX troubles
The airline backs intensified oversight from the FAA.Air Arabia 2023 net profit $408m
The firm recorded a 27 percent rise in profit compared to 2022.NMDC Group net profit $585m
The Group's revenues surged 56 percent to $4.54 billion.Michelin posts record operating profits
Sales at the French firm dipped last year to US$30.5bn.ADNOC Drilling profit soars 29%
The company's revenue for the year 2023 was US$3.05bn.Al Mal Capital REIT to launch rights issue
The fund has an existing portfolio valued at US$158m.solutions by stc, Devoteam ink MoU
The aim is to foster avenues for collaboration in technology.BGN to get $100m in financing
Abu Dhabi Exports Office, Mashreq and ADCB to provide financing.Mesaieed 2023 net profit down 39%
The company's net profit in 2022 was QR 1.76 billion ($482m).Toyota’s Daihatsu resumes domestic production
It will make the Probox van and Mazda-branded Familia van.Barwa Real Estate net profit up
It posted an 8% jump in net profit to US$337m for last year.Bezos sells $2bn Amazon shares
He reportedly intends to sell, next July, 50 million shares of the group.Nissan profit drops to US$195m
Its sales in China slumped 35% from April to December.ESG 2023 net profit at US$187m
The firm posted a year-on-year net profit rise of 316 percent.Aldar net profit $1.19bn
Expanded investment and record development sales boosted profit.Etihad Atheeb 9M profit $47m
Higher revenues from various segments boosted profit.Aramex Q4 net profit doubles
The firm reported a marginal YoY decline in Q4 revenue.Hermes profit soars 28 percent
The luxury giant posted a profit of US$4.6bn in 2023.L’Oreal net profit jumps 8.4%
The company's profit surged to US$6.8bn last year.Emaar 2023 revenue at $7.3bn
Emaar property sales rose to US$ 11 billion in 2023.




















































