Ex Qantas boss Alan Joyce paid $14m in last financial year
Qantas said some of the former airline chief's pay could be subject to clawback "should the board determine that necessary". The airline said its reputation took a blow when Australia's competition commission last month launched a Federal Court case accusing it of selling more than 8,000 tickets for flights that...Instacart to raise US$600m in IPO
The US grocery delivery start up set IPO price at $30 per share.Saudi Arabia’s banks post 9.6% rise in aggregate profits in July to US$1.71bn
Riyadh, Saudi Arabia-- Banks in Saudi Arabia have reported a 9.6 percent increase in aggregate profit to $1.71 billion in July, according to official data. The Saudi Central Bank, also known as SAMA, said that the aggregate assets of these banks also rose 8.84 percent year on year in July...Qantas posts bumper profit
The airline's annual profit climbs up to US$1.1 billion.Gulf Hotels Group profit up
It posted a jump in net profit in Q2 to US$2.92 million.Agility posts Q2 earnings of $46m
Net profit was affected by higher interest rate.GIS profit climbs in H1
Its net profit jumped to US$77.19m as against US$37.63m.Ithmaar Bank H1 profit up
Its net profit rose to US$4.14m as against US$3.96m last year.Al Hammadi H1 2023 net profit $43.5m
In Q2 2023, net profit jumped 25.7% to $21.8 million.GFH Financial Group Q2 net profit $30m
The net profit increased by 32.74 percent compared to Q2, 2022.Aramex profit plunges 53%
Its net profit for H1 of 2023 stood at US$11.70 million.Zain Group profit jumps 14%
Its net profit for Q2of 2023 rose to US$187m.Eshraq Q2 profit $9.79m
The company had posted a loss of AED7 million in Q2 2022.QEWC reports 12% profit jump
The Qatari company's net profit for H1 stands at US$211.26m.Dubai Investments net rises to $157m
Real estate sector remains one of the key business verticals.Amazon, Apple beat earnings forecasts
Apple views AI as integral to its growth.SABIC H1 net profit slumps 87%
The second quarter net profit fell 85 percent on weaker demand.Lufthansa profit soars
The German airline's net profit climbed to US$964m in Q1.Nakilat profit up 6.1%
The Qatari gas firm's net profit rose to US$213m in H1 of 2023.Agthia Group profit vaults 6.6%
The net profit rose to US$39.21m in H1 of 2023.Arabian Drilling H1 profit up 36%
The company has approved a cash dividend of SAR225 million.e& H1 net profit $1.27bn
The company's second quarter net profit increased 4% year on year.Alpha Dhabi’s H1 net profit $2.8bn
The company's revenue grew by 29 percent year on year.Bupa Arabia H1 2023 net profit $149m
Rise was driven by a jump in insurance revenue.SABIC AN profit slumps 71% in H1
The drop was even higher (79 percent) in the second quarter.Inma Holding profit tumbles
Its net profit fell 53.8% in H1 of 2023 to US$0.92m.Aldar Properties Q2 net profit $353m
Aldar recorded AED 2.1 billion in net profits for the first half of 2023.KPC posts bumper profits
The oil firm and its subsidiaries posted a net profit of US$8.4bn.Boursa Kuwait profit declines
It fell to US$25.6 million in H1 of 2023, a 21.4 percent drop.Ooredoo posts 20% profit rise
The net profit surged to US$493 million in the first half of 2023.Waha Capital H1 2023 profit up 221%
The company's total operating income was $135m.ESG H1 net profit $162m
The net profit increased by 831 percent year on year.Italy’s Eni Q2 profits down
Adjusted net profit also fell down 49 percent in the second quarter.Borouge Q2 net profit $231m
The company posted first-half revenues of $2.8 billion.ADIB posts 61% net profit growth in H1
The bank's revenue grew by 50 percent to AED 4.3 billion.NBF H1 net profit up 120 percent
Fujairah, UAE -- The National Bank of Fujairah (NBF) Wednesday posted 120.7 percent increase in first half net profit to AED332.1 million ($90.4 million) from AED150.5 million in the same period last year. The robust performance in Q2 2023 contributed to this growth, with NBF posting a net profit of...Nissan Q1 net profit $750m
Results due to better sales in Japan, North America.RAKBANK H1 profit $245m
This is the bank's highest-ever half-yearly profit.QIIB profit climbs 7.7 percent
Its net profit for H1 of 2023 jumped to US$169 million.Unilever profit jumps on asset sale
The firm's profit after tax rose 22 percent to $3.9 billion.KNPC exports first shipment of 95 octane motor fuel to Europe
Kuwait City, Kuwait--The Kuwait National Petroleum Company (KNPC) has exported the first shipment of 95 octane motor fuel and low-sulfur to European markets. Ghanim Al-Otaibi, the deputy CEO of Fuel Supply Operations and official spokesman for KNPC, said that the volume of the shipment that was exported from Mina Al-Ahmadi...Bank Albilad H1 profit up 14%
The H1 profit reached SAR 1.14bn ($303m) and Q2 profit SAR 585.9m.ANB profit up 51 percent in H1
The growth was backed by net special commission income.FAB H1 2023 net profit $2.2bn
It is highest ever profit achieved by FAB in a half-year.Volvo Cars Q2 net profit $342m
Firm in profit despite high inflation, rising interest rates.Riyad Bank H1 profit up 27%
The rise attributed to increase in total operating income.QatarEnergy 2022 net profit $42.46bn
QE is working to increase LNG production capacity by 64%.QIB posts 7.7% profit rise
The net profit shot up to US$538m in H1 of 2023.Taaleem nine-month revenue up 30.3%
The revenue for the period ended May 2023 reached $193m.eXtra’s H1 2023 profit falls 35%
An increase in borrowing costs hurt the company in H1.



















































