#H1 2022 Performance

Saudi Aramco announces record Q2 and H1 2022 results

Saudi Aramco posts record quarterly profit, announces H1 net income of $87.9bn

Aramco posted a 90 per cent year-on-year increase in net income in Q2 2022 to 48.4bn and declared a dividend of $18.8bn to be paid in Q3

Shell records strong performance in second quarter, adjusted earnings of almost $11.5bn

$6bn share buybacks are expected to be completed by Q3 2022 results

Dubai Financial Market announces H1 2022 results, posts net profit of Dhs63.4mn

Dubai Financial Market posts net profit of Dhs63.4m for H1 2022

The company’s total consolidated revenue reached Dhs163.8m in H1 2022 compared to Dhs136.6m during H1 2021

National Bank of Fujairah H1 2022

National Bank of Fujairah announces net profit of Dhs150.5m in H1 2022

The lender recorded year-on-year growth of 97.5 per cent to close the six month period at a net profit of Dhs150.5m

Polestar sees 125% increase in sales in H1 2022

Swedish EV company Polestar reports 125% increase in sales in H1 2022

The next major step for Polestar will be its entry into the SUV segment with the global launch of the electric performance SUV, Polestar 3, in October

Venture capital investments in Saudi Arabia record SAR2.19bn

Venture capital investments in Saudi Arabia record SAR2.19bn

According to the ‘H1 2022 Saudi Arabia Venture Capital Report,’ this figure surpassed the total amount deployed in 2021

DIFC-Courts H1 2022 performanc

Speedy execution of new strategy raises appeal of DIFC Courts jurisdiction in H1 2022

The volume of cases across all divisions at DIFC Courts recorded a 10 per cent increase in the first half of 2022, compared with the first six months of 2021

courtesy- WAM

Limo and e-hail sectors record 85% growth in H1 2022: RTA

According to Dubai’s Road Transport Authority, limos and e-hailing vehicles made 6.3 million journeys in the first six months of 2022

DMCC reports record H1 2022

Dubai’s DMCC reports record H1 2022 performance, registers 1,469 firms

Growth driven by strong commodities trade performance, continued appetite for the DMCC Crypto Centre, and the ease of setting up and doing business at DMCC