Arab Bank profit up 61%
The net income after tax rose from $195.3m to $314.5m.LVMH sees record sales, profit despite pandemic
The world's leading luxury group more than recovered from the coronavirus pandemic as it earns a record €64.2 billion ($71.5bn) in 2021. The company's net profit hits €12 billion.Emirates Islamic 2021 net profit $224m on higher non-funded income
Emirates Islamic’s net profit jumped to AED 823 million ($224 million) for 2021 on higher non-funded income and a significant reduction in the cost of risk reflecting the strong economic recovery, the bank said. The bank, which is one of four Islamic banks in Dubai, said in a statement that...Samsung profit up 53%
High memory chip prices helped the company.Emirates NBD’s profits jump 34%
Dubai's largest bank sees its net profits rising to $2.5 billion in 2021 from $1.9 billion in 2020.QIIB 2021 profit at $276m
This was an increase of 7 percent in net profit year on year.Nokia expects strong 2022
The company said as a supply chain crunch and inflation are set to ease.Alibaba’s profit falls 81% as China cracks down on big tech
Chinese e-commerce leader Alibaba Group said on Thursday that its profit for the most recent quarter tumbled 81 percent as it grappled with a government crackdown on the country's big tech champions.TAQA nine-month net income $1.17 bn
The total revenue is 11 percent higher than the same period last year.ADNOC Drilling 9M revenue $1.7 bn
This was the company's first quarterly disclosure since listing on ADX.Emirates narrows H1 losses to $1.6bn
The group’s net loss for the period was AED5.7 billion ($1.6 billion), substantially better than the AED14.1 billion ($3.8 billion) loss last year.ADNOC Distribution’s Q3 profit is $144m
The profit is 21 percent lower than Q3 2020 due to a lower fuel margin.ADNIC nine-month profit at $90m
Its profit in the first nine months last year was $77 million.Emaar Malls Q3 net profit $122m
The profit is 86 percent more than that of Q3 2020.SoftBank posts $3.5bn loss
This is its first quarterly loss since January-March 2020.Waha Capital reports AED 297mn profit
Net profit for the third quarter stood at AED 32 million.Abdulmohsen Alhokair of KSA reports 17.8% jump in net losses
Abdulmohsen Alhokair, the Saudi entertainment group, has reported an increase in net losses by 17.8 percent during the first 9 months of 2021.YahSat Q3 profit down 38 percent
YahSat said its contracted future revenues are over $2 billion.Dubai Investments net profit $123m
The firm will focus on the real estate market, its CEO said.Al Seer Marine net profit $666m
The net profit for the first nine months of 2020 was AED 25.40m.Pfizer lifts 2021 forecasts, sees $36bn in Covid vaccine sales
Pfizer again lifted its 2021 profit and revenue outlook on Tuesday, bolstered by the latest surge in Covid-19 vaccinations, including regulatory approvals for boosters and shots for younger populations.Etisalat Q3 revenues rise 2%
Its consolidated revenues in Q3 reached AED13.3bn ($3.62bn).Batelco net profit up 9 percent
Batelco said steady revenue growth led to this rise in profit.RAK Properties profit rises 383%
Q3 net profit rose to AED197.9 million from AED40.97 million last year.Airbus flies back to profit
European planemaker booked net profit of 404 mn euros.‘Facebook Papers’ hit as platform earns billions
Facebook executives say the profits could have been even more if not for Apple updating its iPhone operating system to thwart advertisers targeting users without permission.ADH revenue, profit up by end of Q3
Rise in net profit attributed to a slew of acquisitions.Al-Ahli Bank of Kuwait net profit $69.6 mn
The bank suffered a net loss of KD 7.9 mn in first nine months of 2020.Saudi telecom firm Zain reports 36% dip in net profit
Zain KSA, the Saudi telecom firm, has reported a 36 percent drop in net profit to SR143 million in the first nine months of 2021.QLM’s net profit in Q3 $20.4 million
Gross written premium as of Sept. 30 was QAR 750 million.Al Rajhi Bank’s net profit vaults 44% to $2.86bn
Al Rajhi Bank of Saudi Arabia posted a 44 percent rise in net profit to $2.86 billion for the first nine months of 2021. The bank had earned $1.992 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.Netflix subscribers numbers jump
Streaming giant's profit grew 16 percent to $7.5 billionEmirates Integrated Telecommunications Company profit rises to AED283 million in Q3
According to financial results, mobile customer base reached 6.5 million. The postpaid segment remains resilient with net-adds of 13,000. The postpaid customer base grew to 1.3 million as a result of an improved digital Customer Experience as well as enhancements to the Power Plans.Jarir posts $194m net profit in nine months
Q3 net profit surges 44 percent compared to Q2.Qatar National Bank posts 8 percent jump in net profit to $2.83bn in 9 months of 2021
Qatar National Bank (QNB), the Gulf's biggest lender, posted an 8 percent increase in nine-month net profit to $2.83 billion, citing loan growth.Has Apple traded magic for profit?
The company under Cook has delighted Wall Street: the Apple brand was worth about $350 billion ten years ago and is worth $2.358 trillion today.Digital transformation helps GCC banks prosper
Digital transformation brought about by COVID-19 has made banks more open to branchless and cashless banking enabling them to perform better in H1 2021 than they did in the same period last year.EGA sees $473m profit in H1
This was the company’s strongest H1 financial performance ever.Demand for lithium boosts Tianqi’s net profit
In a boost to China's Tianqi Lithium Corp, one of the world's top lithium producers, it posted its first net profit in two years on Sunday.Retail detail: New malls come up in UAE, Saudi Arabia
Even as the pandemic would affect businesses, the mall owners are so confident of staying afloat that they are going ahead with their plans to expand their operations.Union Properties posts a total profit of AED 32 million in H1
The company witnessed a positive shift in many business activities in the UAE in general and in Dubai in particular, says Khalifa Hassan Al Hammadi, Chairman Board of DirectorsIthmaar Holding gains $4m in H1 2021
This is a turnaround from H1 2020, when net loss was $1.29m.Dana Gas reports $139m net profit in H1
Dana Gas, the UAE-based energy producer, is out of woods with a big rise in its net profit to $139 million in the first half of this year.Emaar Malls net profit leaps to $169m in H1
The owner of Dubai Mall attributes 80 percent jump in net to recovery in retail sector.ADNIC H1 net up 31.1 percent to $67m
Gross written premiums for the H1 of 2021 rise by 4.2 percent to AED 2.67 billion.Aramco likely to post bumper profit for Q2
Aramco is expected to post a bumper profit for the second quarter of this fiscal on the back of high price of crude. This is the assessment of various analysts before the oil-giant discloses its financial results on Sunday.SABIC’s net profit shoots up to 2.04bn
Saudi Basic Industries Corp. (SABIC) has reported a big jump in second-quarter profit as it sold more chemicals at higher prices than the previous quarter amid an increase in crude prices.Saudi British Bank posts $245m net profit in Q2, year after big losses
A year after posting billions in losses, Saudi British Bank (SABB), an affiliate of HSBC Holdings, has posted a sizeable net profit of $245 million in the second quarter of 2021.Investors expect Aramco to post high profit after strong first half
Investors are waiting with bated breath for Saudi Aramco to post its first half results and the expectation is that the company will post high profits.




















































