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Emirates Global Aluminium H1 net profit surges to $1.6bnEmirates Global Aluminium (EGA) has posted adjusted Earnings Before Interest, Taxes, Depreciation and Amortisation (adjusted EBITDA) of record AED7.6 billion ($2.1 billion) in the first half (H1) of 2022, compared to AED3.5 billion in H1 2021. More… |
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Etisalat reports $1.28bn consolidated net profit for H1UAE-based Etisalat Group has reported a consolidated net profit after Federal Royalty of AED4.7 billion ($1.28 billion) for the first-half (H1) of the year, representing a year over year (YoY) increase of 3.9% and resulting in a net profit margi More… |
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Siemens Energy lays out post-spin-off strategySiemens Energy, a world leader in energy infrastructure, has laid out its post-spin-off strategy, aiming for accelerated profitable growth and targeting an adjusted EBITA margin before Special Items of 6.5% to 8.5% for fiscal 2023. More… |
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Siemens Energy lays out post-spin-off strategySiemens Energy, a world leader in energy infrastructure, has laid out its post-spin-off strategy, aiming for accelerated profitable growth and targeting an adjusted EBITA margin before Special Items of 6.5% to 8.5% for fiscal 2023. More… |
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DP World posts 18% surge in H1 revenue to top $4bnDubai-based global trade enabler DP World has posted revenue of $4.076 billion during the first half (H1) of 2020, as against revenue of $3.463 billion in H1 2019, marking a growth of 17.7% supported by acquisitions. While like-fo More… |
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Adnoc Distribution reports $248m net profit in H1Adnoc Distribution has reported that its first half 2020 underlying earnings before interest, tax, depreciation and amortisation (EBITDA) stood at AED1.422 billion ($387 million), with net profit at AED910 million ($248 million). More… |
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Shuaa Capital reports $44.6m net profit for H1Shuaa Capital has reported a net profit of AED164 million ($44.6 million) and EBITDA at AED284 million during the first half (H1) of the year, the asset management and investment banking platform said. The company has also reporte More… |
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Orascom Construction posts $142.4m H1 EBIDTAEgypt-based Orascom Construction said that its consolidated EBITDA increased 26.8 per cent in the first six months (H1) of the year to $142.4 million. Pro forma EBITDA including 50 per cent in BESIX increased 15.6 per cent y-o-y t More… |
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Du posts $126m net profit for Q2Emirates Integrated Telecommunications Company (du) has reported a net profit after royalty of Dh464 million ($126 million) for the second quarter (Q2) of the year, marking a 5.5 per cent like-for-like increase over Q2 2018. It po More… |
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Du posts $126m net profit for Q2Emirates Integrated Telecommunications Company (du) has reported a net profit after royalty of Dh464 million ($126 million) for the second quarter (Q2) of the year, marking a 5.5 per cent like-for-like increase over Q2 2018. It po More… |
