Growth driven by merger consolidation.

Total revenue increased 10% year-on-year.

High occupancy across assets boosts earnings.

The rise helped by strong demand in real estate

Dubai, UAE -- Saudi Arabian Oil Co. (Aramco) reported a net profit of $104.7 billion for 2025, a decline from the previous year as global oil prices and market conditions weighed on earnings. The state oil giant remains the world’s largest energy company and one of the most profitable publicly...

Operating income for 2025 increased 22% to SAR 39 bn.

Total income rises by 12 percent, operating profit up 13%.

Total revenue increases by 6% to $3.7bn

This was a 33% year-on-year decrease.

Its net profit for H1 was $474 million.

The company posted 31% increase in revenue.

Total income rose by 12 percent in the same period.

Total assets increase by 11 percent.

Net income rose to $36.4 million, a 17% YoY increase.

This was a record 28% jump in annual net profit.

San Francisco, United States - OpenAI CEO Sam Altman on Monday said the company behind ChatGPT would continue to be run as a nonprofit, as it abandoned a highly contested plan to turn into a for-profit organization. The issue had become a serious point of contention for the artificial intelligence...

The Group reported a revenue of $5.12 billion.

its assets increased by 20.08 percent to $43.65bn.

Q1 2025 net profit before tax increased 18% YoY.

The bank's profit crossed AED 1bn mark for the first time.

The company had posted $19bn in property sales for 2024.

The company's net profit increased by 81.5 percent in Q4 2024.

The company achieved its highest ever revenue and net profit.

e&’s subscriber base rose 11.7% to 189.3m

The profit surpassed AED 1 billion for the first time in bank's history.

Dubai, United Arab Emirates -- The United Arab Emirates, home to the regional headquarters of numerous multinational companies, said Monday it would introduce a 15 percent tax rate on corporate profits from January 2025. The move will bring the UAE in line with efforts towards a global minimum corporate rate. "This...

Washington, United States -- Elon Musk has again asked a US court to stop ChatGPT-maker OpenAI from converting into a for-profit enterprise, CNBC reported Saturday. Attorneys representing the billionaire and his AI startup, xAI, filed the injunction Friday, the financial news site reported. The injunction also requests that OpenAI be stopped...

The record profit is subject to new 9% corporate tax for the first time.

Riyadh, Saudi Arabia -- Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third-quarter profit on Tuesday, citing prices which have stayed low despite production cuts and war in the Middle East. The fall in net income to $27.56 billion from $32.58 billion in 2023 is the seventh consecutive...

The company said this was a 54.9 percent YoY increase in net profit.

San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter but signaled slowing growth. The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion on revenue that jumped 15 percent compared with the...

Revenue dropped 8 percent to $98 billion in the same period.

Dubai, Saudi Arabia - Dubai Financial Market (DFM) today announced its consolidated financial results for the period ended June 30, 2024, with net profit before tax growing to AED 195.4 million (USD 53.2 million), marking a significant 74 percent increase over the same period in 2023. The first half of...

Net income fell $2.58bn due to one-off items recognized in 2023.

Total revenue increased by $269 million in the same period.

Despite lower profit, it will pay $31bn in dividends to Saudi government.

The company's cloud, ads, and retail businesses thrive.

The quarterly profits increased despite weak Middle East sales.

The bank's CEO warns about risk of persistent inflation.

It expects operating profits to jump to US$4.89bn.

In December, the airline ordered 230 Airbus planes.

The company had paid an interim cash dividend of $1.62bn in Dec 2023.

The Bank's general assembly also approved 6% in bonus shares.

Its net profit spiked to US$3.7 billion in 2023.

In 2023, the firm demonstrated strong financial results.

The company's revenue grew 6.6 percent to $18.25 billion.

The firm’s performance was fueled by strong growth.

The oil giant posted a 24.7% fall in net profit to US$121.25bn.

The company’s 2023 annual revenue rises to US$1.2 billion.

Revenue in 2023 grew by 10 percent YoY to $599 million.