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DP World 2023 profit is $1.5bn
The company's revenue grew 6.6 percent to $18.25 billion.
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du revenues vault 10.5%
It posted $863.17m in revenues for the first nine months of 2022. -
ADIB posts $272m net profit
The year-on-year growth in net profit was 53% for the first nine months of 2022. -
ADCB Q3 net profit at US$432m
The diversification of revenue streams boosted the bank's profitability. -
Reliance Q2 net profit at $1.65bn
RIL's core oil-refining business hit overall profits. -
Nokia Q3 profit at $419m
The Finnish company reports net sales of $6billion. -
Ericsson Q3 profit at $480m
Firm is making 'pricing adjustments' as inflation soars. -
SABB posts 26% profit rise
The profit touched $931m in the first nine months of 2022. -
US banks report solid results, warn of rising recession risk
Large US banks reported a round of solid quarterly profits, but cautioned of rising recession risks as the economy absorbs higher inflation and a dramatic shift is central bank policy. JPMorgan Chase set aside US$808 million in case of bad loans, while Citigroup reserved for $370 million in potential losses... -
GCC banks look at pre-Covid profitability level
Earnings of many Gulf banks may hit nearly pre-pandemic levels by the year end, owing to high oil prices and rising interest rates that will support their creditworthiness. -
UAE treasury bonds post “exceptional” bidding results
The fourth auction, which witnessed the first issuance of five-year T-Bonds saw a strong demand through the six primary bank dealers, with bids received worth AED 8.60b, and an oversubscription by 5.7x. -
Al-Othaim posts $37m profit
The retailer said the profit soared due to growth in sales. -
Ma’aden H1 net profit at $1.6bn
H1 2022 net profit increased by 232 percent -
DEWA H1 2022 revenue is $3.3bn
DEWA's net profit in H1 2022 is US$898 million -
IHG H1 profits surge to $216mn
IHG said it would resume its interim dividend -
ADNOC Drilling H1 profit $379mn
The firm's revenue increased 13 percent to US$1.27 billion -
HSBC H1 pre-tax profit falls
Pre-tax earnings sank 15 percent to $9.2 billion. -
ExxonMobil Q2 profits rises to US$17.9bn
ExxonMobil's second quarter profits nearly quadrupled to $17.9 billion in results released Friday that underscored the elevated state of oil and natural gas prices amid commodity market tightness. -
Twitter takes a dig at Elon Musk for bad results
Twitter blamed disappointing results Friday on "headwinds," including the uncertainty imposed on the company by Elon Musk's chaotic buyout bid. The firm is locked in a legal battle with the mercurial Tesla boss over his effort to walk away from a $44 billion deal to purchase the platform, leaving the... -
Emaar Properties Q1 profits up 241%
The firm's revenues stand at AED 6.63 billion in the first quarter of 2022. -
DEWA posts AED691m profit
It posted 15% jump in revenue for Q1 to AED5.068 billion. -
e& Q1 net profit $653m
Its consolidated revenues rose 0.8 percent to AED13.3 billion. -
BP profits $7.6bn in 2021
The company aims to cut emissions by 50 percent by 2030. -
QIIB 2021 profit at $276m
This was an increase of 7 percent in net profit year on year. -
Jarir posts $194m net profit in nine months
Q3 net profit surges 44 percent compared to Q2. -
Aramco Q2 net income $25.5 billion, up by 288 percent
The results driven by higher oil prices and a recovery in worldwide demand, supported by the global easing of COVID-19 restrictions. -
Ithmaar Holding gains $4m in H1 2021
This is a turnaround from H1 2020, when net loss was $1.29m. -
Saudi banks net profit up to $2.94bn in Q2
In a sign of economic rebound in Saudi Arabia, banks in the kingdom are reporting better than expected financial results for the second quarter, after a slump in business during the Covid pandemic. -
Dubai Investments profits surge 47%
The Dubai-based firm's net profits rose to AED302 million in the first half of this year. -
Bahrain Telecom announces 5% hike of H1 net profit to $99.5m
Batelco said the steady rise in revenues in H1 2021 led to the increase in net profit. -
Alba Q2 profit jumps 665% to $246m
Aluminium Bahrain posted Q2 2021 profit of BD92.6 m after loss in 2020 .