#profit

Alan’s corner: Why companies must build their unique proposition

There is often an over-emphasis in this region on price as if it was the most important factor in a deal

Saudi’s Sabic sees profit surge amid global chemical boom

Revenue climbed 72 per cent year-on-year to $11.3bn

Aramco sells $6bn of dollar-denominated Islamic bonds

The state-controlled company sold sukuk due in three, five and 10 years

Saudi Aramco’s profit soars in Q1 as crude prices rise

Brent crude has gained over 30 per cent this year to top $68 a barrel

UAE’s Transguard Group posts 86.2% dip in profit for FY20/21

The company posted revenue of Dhs1.87bn for FY 20/21

Dubai’s Emaar appoints new board, approves dividend plan

Emaar Properties reported a 57.8 per cent drop in net profit for 2020

Alan’s corner: Seven ways to secure a profit for your business

These principles are essential to help you tighten up your business model

Dubai’s DIFC Investments full-year profit declines 74%

Full-year profit net income fell to $31m

Saudi chemical giant SABIC sees vaccinations boosting income

SABIC earned net income of SAR40m in 2020, down sharply from SAR5.2bn in 2019

World’s biggest oil firm Saudi Aramco sells $8bn in bonds

Aramco sold $8bn in tranches maturing in three, five, 10, 30 and 50 years

Dubai Aerospace plans to expand portfolio to 450 jets in 2021

The company currently has 381 planes

Saudi chemicals maker SABIC posts profit as demand revives

Profit rose mainly due to the reversal of SAR690m of impairments associated with Clariant AG

Dubai

Dubai issues $2bn in sukuk and bonds at lowest ever interest rate

Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, and Standard Chartered Bank were mandated to manage the issuance process

General Views of Dubai Financial Market

Dubai Financial Market appoints new CEO, reports 21% rise in H1 profit

The DFM attracted 1,718 new investors during the first half of the year

Dubai’s ICD reports 16.9% rise in 2019 profits

Its 2019 revenues dipped 1.9 per cent to Dhs228bn

Saudi Aramco reports 21% profit drop for 2019 on lower oil prices

Brent crude averaged $64.12 a barrel in 2019 compared with $71.67 the previous year