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IHC posts net profit of US$8.97bn
Its revenue jumped to US$16.33 billion, a rise of 17.9 percent.
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QII records profit in 2022
The insurance firm's net profit vaulted to $28 million. -
Inma Holding’s profit spikes
Its net profit jumped 61.7%, touching $2.69m in 2022. -
Sanofi 2022 net profit at $7.3bn
Dupixent drug has been a huge success for the firm. -
UBS Q4 net profit at US$1.7bn
Net profits at the banking giant rose 23% in Q4 of 2022. -
Markets rise on better-than-expected US growth
Stock markets rose as US data showed the country grew at a slower pace in 2022 but finished the year on a stronger note. Shares in Paris, Frankfurt and London were higher in mid-afternoon trading. US gross domestic product rose at an annual rate of 2.9 percent in the fourth... -
IBM to lay off 3,900 workers
It posted profit of $2.9bn in the final three months of last year. -
Woqod posts 10% profit rise
The firm's profit jumped to $294 million at the end of last year. -
DIEZ posts 42% revenue jump
Its earnings grew by 17 percent in H1 of 2022. -
SoftBank Q2 net profit at $21.4b
Firm's reduction of stake in Alibaba partly helped. -
Telefonica Q3 profit at $450m
Q3 revenue was up 11.6 percent at US$10.11 billion. -
QGIRCO posts Q3 net profit of US$1.1m
Firm's Q3, 2022 profit fell compared to Q3 in 2021. -
TotalEnergies posts Q3 net profit of US$6.6bn
Firm said surging oil, gas prices helped it post massive profits. -
Mashreq posts net profit of US$708m
The embrace of digital services by it customers drove growth. -
Doha Bank net profit climbs up 4.6 percent
It recorded the profit at $256m in the first nine months of 2022. -
Reliance Q2 net profit at $1.65bn
RIL's core oil-refining business hit overall profits. -
SABB posts 26% profit rise
The profit touched $931m in the first nine months of 2022. -
QIB’s profit shoots up 13%
It reported $783m profit in the first nine months of the year. -
Infosys Q2 profit at US$731.4m
The firm approved a $1 billion share buyback after Q2 result. -
German govt to relook huge gas levy amid outrage
German ministers vowed to reexamine a planned gas surcharge imposed on consumers after it emerged that some energy companies seeking a share of the levy were in fact posting billion-euro earnings. -
Vodafone Qatar profit up 61%
Net profit for H1 2022 reaches $60 million. -
IHC H1 profit surges to $3bn
The company slew of acquisitions helped its earnings. -
QAMCO profit rises by 112%
The company's net profit rose to $164 million in H1 of 2022. -
UDC profit up 23% in H1 2022
The company earned a profit of US$37,302,472 in HI 2021. -
Microsoft earnings fall
The poor performance result of sagging demand. -
Inequality widens in Britain as financial sector salaries increase
Salaries in Britain's financial sector have surged in recent months, widening inequality amid the nation's cost-of-living crisis, a study showed Wednesday. Average monthly pay in the industry jumped 31 percent in February from December 2019, propelled by high-earners, the Institute for Fiscal studies (IFS) said in a report. The performance,... -
ADNOC to pay $342m in dividend
A similar amount was paid for the first half of 2021 in October. -
Shares of Ma’aden shoot up 6% on the back of record earnings
Shares of Ma’aden, the Saudi mining company, vaulted six percent in trading on Sunday when news broke of its record earnings for 2021. -
Qatar Industrial Co. posts net profit of $38m in 2021
Qatar Industrial Manufacturing Co. has reported a net profit of $38m for 2021 in comparison to net profit of $23m for the same period of the previous year. -
Nakilat net profit $370m
This is the company's highest profit since its inception. -
Spotify posts $44.1m loss
The company reported a loss of $44.1 million in Q4 2021. -
Apple hits revenue record
The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet. -
Microsoft posts strong earnings
The tech giant bought Activision Blizzard last week. -
Axa insurance Q3 premiums down 7 percent
Q3 net profit down 18 percent from the same period last year. -
Aramco Q3 earnings up 158%
Higher oil prices and sales volumes led to the rise. -
Earnings joy lifts Asian markets as Fed mulls taper
Signs of progress on US President Joe Biden's massive spending bill provided an extra lift to sentiment -
Dana Gas doubles its earnings to $256m from its sites in Egypt and Iraq
Dana Gas, the UAE-based natural gas company, has seen its earnings double from its operations in Egypt and Iraqi Kurdistan so far this year. -
Shaker H1 net profit SAR 15.3m
The company attributes growth to robust sales in four quarters.