Customer financing increased by 15 per cent YTD, with Dhs16bn of new financing extended in the January-June period
The Dubai-based lender proposed a dividend of 120 fils per share for last year, doubling the amount paid to shareholders in 2022
The Shariah-compliant bank’s net operating revenues rose by 11 per cent YoY to reach Dhs11.7bn, while operating profit stood at Dhs8.5bn
State expenditures rose moderately in 2022, with an increase of Dhs24.7bn compared to a year earlier
The food manufacturer’s half-year profit increased by 2.2 per cent to SAR32.4m from SAR31.7m a year earlier
The company’s mobility solutions registered strong double-digit growth in the second quarter of the year, up 12 per cent
Brent crude oil prices, which are used for gas pricing, decreased by nearly 31 per cent during the period under review
The healthcare services provider’s H1 revenues surged by 13.9 per cent year-on-year to Dhs2.2bn, driven by an increase in patient footfall
The shipping and logistics group’s revenue in the first three months of the year reached Dhs1.81bn from Dhs1.04 a year earlier
Full-year revenues grew by 9.2 per cent to total Dhs12.75bn, while EBITDA increased by 12 per cent to equal Dhs5.14bn
DEWA’s annual consolidated revenue increased 15 per cent to Dhs27.35bn in 2022
The group’s revenue stood at $15.3bn for the first six months of 2022-23, up 128 per cent from $6.7bn last year
The company’s Q3 2022 revenues increased 52 per cent year-on-year to total $1.32bn
Its revenues for 2021 equalled Dhs169.4bn, up 24.5 per cent compared to the previous year
“We expect the group to return to profitability in 2022-23″ – Sheikh Ahmed bin Saeed, Emirates Group chairman
During 2021, its aggregate subscriber base reached 159 million
Officials expect the economy to expand 2.9 per cent this year and grow by a further 7.4 per cent in 2022
Revenue rose to Dhs2.8bn from Dhs2.3bn
Group revenues equalled Dhs34.3bn, 11 per cent higher than an year-earlier period
The group’s revenue totaled Dhs24.7bn for the first six months of 2021-22
The board of directors approved an interim dividend of Dhs0.10 per share
Revenue rose 24 per cent year-on-year to SAR37.5bn and 14 per cent from the previous quarter
Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam
Its revenues also pared to Dhs5.35bn in 2020
Phones constituted 8.2 per cent of LG sales last year
The company reported revenues of Dhs144m for the year ended December 31, 2020, 71 per cent lower than Dhs491m in 2019
Open banking offers potential for better customer experience and additional revenue streams
Young and digitally savvy populations across the Middle East and Africa region are key to long-term growth outlook
The programme takes into account “the exceptional economic conditions of the fiscal year 2020″
The kingdom will stick to its plan to cut spending by 7.3 per cent in 2021