Nakilat profit jumps 4.8%
The company's profit swelled to US$327 million in Q3 of 2023.
Bupa Arabia H1 2023 net profit $149m
Rise was driven by a jump in insurance revenue.ADNOC Distribution’s profit up
Its profit vaulted to US$150 million in Q1 of 2023Qatar’s Hamad International Airport passenger traffic soars 44.5% in Q1
Doha, Qatar— More than ten million passengers traveled through Qatar’s Hamad International Airport in the first quarter of the current year, marking a 44.5 percent jump.The airport, according to Qatar News Agency, received 3.56 million passengers in the month of January, followed by 3.24 million in February, and 3.5 million...LVMH posts Q1 revenue of $23.1bn
Jump in sales across all regions, including China.ADNOC Gas records earnings’ rise
ADNOC sold 5% stake in ADNOC Gas to investors through an IPO.Qatar receives more than 600,000 visitors in December
Doha, Qatar-- Qatar has received more than 614,000 visitors during the month of December 2022, a monthly increase of 3.7 percent as against November 2022.The highest number of visitors were from the Gulf Cooperation Council at 40 percent. As for visitors by type of port, the visitors via air make...DIEZ posts 42% revenue jump
Its earnings grew by 17 percent in H1 of 2022.Riyad Bank reports 13% jump in profit
The bank's profit rose to $1.3bn in the first nine months of 2022.Oil prices and equities climb up as rate-hike worries taper off
Global stock markets and oil prices jumped higher on Friday following recent heavy losses as the weakening economic outlook moderates expectations about central bank monetary tightening.Flydubai posts 114% jump in passenger bookings in Q1
Flydubai has reported a 114 percent jump in passenger bookings in the first quarter of the year. The airline said it has operated 19,000 flights and carried 2.35 million passengers during the period. Moreover, the airline also witnessed an increase in demand for connecting traffic with 43 percent of the...Almarai posts $112m profit in Q1
The Saudi dairy company recorded 9% jump in net profit.Tadawul posts 17% jump in net profit to $157m in 2021
Tadawul Group has posted a seventeen percent jump in net profit to $157 million in 2021, according to a bourse filing. Tadawul owns Saudi Arabia's main stock exchange.Demand for gas and wheat drives Suez Canal’s business up 15%
The Suez Canal has seen a fifteen percent jump in business as ships carrying wheat and gas have filled the waterway in recent months.EGA of UAE posts record net profit of $1.5bn for 2021
Emirates Global Aluminium, or EGA, has posted a 1,140 percent jump in net profit to $1.5 billion for 2021.Jordan records 17% spike in export of agricultural products
Jordan has recorded a seventeen percent increase in the export of agricultural products to JD734 million in 2021, compared with JD639 million in the same period in 2020.Ras Al Khaima issues 1,749 business licenses in 2021
The Emirate of Ras Al Khaima has given out 1,749 business licenses in 2021, a thirty-six percent jump over the previous year.Saudi Arabia clocks high growth in ‘contactless’ payment
Saudi Arabia has witnessed a big jump in 'contactless' payment during the last three years, from hovering in single digits to shooting up to 95 percent during the last three years.Annual Turkish inflation surges to 21.31% in November
Turkey's annual inflation rate jumped over 20 percent in November, official data showed Friday, after a currency crisis last month when the Turkish lira hit record lows against the dollar.Saudi non-oil exports leap up 28% to $18.48bn in Q3
Saudi Arabia recorded a 28.4 percent rise in non-oil exports in the third quarter of 2021 to $18.48 billion thanks to higher shipments of plastic and chemicals.China’s factory output, retail sales see jump in October
Industrial production grew 3.5 percent on-year last month, up from September, said the National Bureau of Statistics, as China worked to ease the energy shortage.Trade surges 69% to AED15.84bn between UAE and Italy in 2021
Trade between the United Arab Emirates (UAE) and Italy has surged 68.6 percent to AED15.84 billion in the first half of 2021, compared AED9.4 billion in the same period last year.Saudi National Bank posts 20% jump in net profit to $1bn
Saudi National Bank (SNB), the kingdom’s biggest lender, has posted a nearly 20% jump in net profit to $1 billion in third quarter from higher fees.Air traffic in UAE leaps up 24.5% in September as thousands flock to Expo 2020
The General Civil Aviation Authority (GCAA) has announced that the average aviation activity in the country rose from 1,238 flights at the end of 2020 to 1,538 flights in September 2021, an increase of some 24.5 percent.Aramco’s market value jumps to $2 trillion for the first time in two years
The market value of Aramco has exceeded $2 trillion after its shares vaulted to their highest level since the start of 2020.Egypt’s exports leap up 49 percent to $3.61bn
Egypt’s exports recorded a nearly fifty percent jump to $3.61 billion in June 2021, as a compared to $2.94 billion in the same month last year, official data showed.Egypt’s exports vault 22 percent to $17.70bn
 Egypt’s non-oil exports leaped up by 22 percent during the first seven months of 2021, posting $17.70 billion as compared to $14.55 billion in the same period of 2020.


























