Brent crude has gained over 30 per cent this year to top $68 a barrel
The company posted revenue of Dhs1.87bn for FY 20/21
Emaar Properties reported a 57.8 per cent drop in net profit for 2020
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Full-year profit net income fell to $31m
SABIC earned net income of SAR40m in 2020, down sharply from SAR5.2bn in 2019
Aramco sold $8bn in tranches maturing in three, five, 10, 30 and 50 years
The company currently has 381 planes
Profit rose mainly due to the reversal of SAR690m of impairments associated with Clariant AG
Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, and Standard Chartered Bank were mandated to manage the issuance process
The DFM attracted 1,718 new investors during the first half of the year
Its 2019 revenues dipped 1.9 per cent to Dhs228bn
Brent crude averaged $64.12 a barrel in 2019 compared with $71.67 the previous year