TESCO

SIB profit up 9%

Higher income from financing and investment drive growth.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

  • UK’s biggest retailer Tesco to cut 2100 jobs as inflation hikes costs

    Tesco plans to cut about 1,750 management roles.

  • ADIB finances Rasmala for Tesco supermarket acquisition

    The property,  constructed in 2012, extends to 100,365 sq ft ADIB offers Sharia-compliant property financing solutions Abu Dhabi Islamic Bank (ADIB) has provided structured Islamic financing to Rasmala Long Income Fund to support its acquisition of a supermarket investment in Hattersley, Greater Manchester. The property, which was constructed in 2012,...

  • Turkey bans plastic imports after Greenpeace alarm

    Greenpeace investigation finds "shocking" images of waste dumped along beaches across Adana city Turkey has been importing more plastic waste than any other country, 30% from the UK alone The Turkish government has banned the importation of most types of plastic waste after an investigation by Greenpeace revealed improper dumping...