ACWA Power reported an adjusted net profit of SAR516m, which was marginally lower than the adjusted net profit of SAR520m earned during the same period last year
Emaar’s hospitality division saw its revenue grow by 64 per cent compared to H1 2021, reflecting the tourism sector’s robust post-pandemic recovery
Abu Dhabi registered a 26 per cent growth in exports valued at Dhs49.5 billion during this period
The results reflect increased focus on Julphar’s core markets in the MENA region, improved market access and the expansion of the company’s product portfolio
In the second quarter, Shuaa and its subsidiaries reported a net operating income of Dhs6m compared to Dhs24m in Q1 2022
The company reported that H1 2022 revenues, excluding accounting construction revenues, were 17.8 per cent behind H1 2021 on the back of weaker Q1 results
The passports of the previous generation are considered valid and their holders can use them for travel until the expiry date of the passport approaches
ADNIC reported that gross written premiums increased by 20.9 per cent to Dhs3.23bn in H1 2022, compared to Dhs2.67bn for the same period in 2021
More than 5.2 million passengers flew with Air Arabia between January and June 2022 across the carrier’s five hubs
The Covid-19 nationwide case count has risen to 1,001,445
The group revenues were Dhs25.4bn, 15 per cent higher than the prior-year period, primarily due to higher commodity prices within the oil & gas segment
The Vision Fund segment posted a loss of 2.33 trillion yen in the three months ending June 30, following a then-record 2.2 trillion yen loss in the previous quarter
Servomex designs, manufactures and distributes a wide range of industrial gas analysis products and services, including combustion analysers, process analysers, emissions analysers, and sensing technology
The A350F fully meets ICAO’s enhanced CO₂ emissions standards coming into effect in 2027
CBUAE stated that gross credit grew by 2.6 per cent, rising from Dhs1.817tn at the end of April to Dhs1.865tn at the end of May
The company’s total assets grew by 3 per cent year-on-year during 2022 to reach $8.26bn
The two entities will form a partnership to operate within Tanzania, where they will explore market competitiveness of port operations and investment opportunities
Ghitha reported robust numbers led by its revenue reaching Dhs576m, which shows a growth of 276 per cent from Q1 2021
The number of etisalat by e& subscribers in the UAE reached 13.3 million in H1 2022, a 10 per cent year-on-year rise
The OPEC+ alliance will meet via video conference on August 3 to decide on future production policy
Blockchain companies have doubled down on esports to reach gamers, signing multi-year, multi-million-dollar sponsorship contracts
Gautam Adani had overtaken Mukesh Ambani as Asia’s richest man a few months earlier
The acquisition is expected to be completed in Q1 2023 pending satisfaction of certain conditions, including customary regulatory approvals
The bank reported double-digit income growth in the UAE, Pakistan, and Ghana, with Pakistan delivering its highest-ever half-yearly operating profit
The bank’s total income was Dhs12.5bn, up 31 per cent YoY, including a Dhs3.1bn net gain on the sale of a majority stake in Magnati
West Texas Intermediate futures climbed near $98 a barrel after closing 2.4 per cent higher in the previous session
The company brought in Dhs162.6m in revenue in H1 2022, compared to the Dhs70.1m it made last year
Group sales rose to a record level of Dhs5.33bn for H1 2022, driven by strong domestic and international demand for existing inventory and launch of new properties
Floods hit several regions of the UAE, including Sharjah, Fujairah and Ras Al Khaimah, due to heavy rains since July 27
Emirates NBD played a leading role in both the DEWA and TECOM IPOs, delivering customers a fully digital platform