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Global VC investment falls to lowest level in nearly 7 years: KPMG

Global VC (venture capital) investment fell from a five-quarter high of $95.5 billion in Q2'24 to a nearly seven-year low of $70.1 billion in Q3'24. This is amid ongoing geopolitical conflicts, the continued exit drought, anticipated s

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EGA reports $500m net profit for H1

Emirates Global Aluminium (EGA), the world’s largest ‘premium aluminium’ producer, has seen its first-half (H1) net profit fall to AED1.84 billion ($500 million), compared to AED1.96 billion in H1 2023.  &nb

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Americana H1 net down 44pc; revenue hits $1.05bn

Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in Mena and Kazakhstan, saw its first-half net profit drop 44.8% to $80 million as revenues fell 15.2% to $1.05 billion. &nb

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Americana H1 net down 44pc; revenue hits $1.05bn

Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in Mena and Kazakhstan, saw its first-half net profit drop 44.8% to $80 million as revenues fell 15.2% to $1.05 billion. &nb

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Americana H1 net down 44pc; revenue hits $1.05bn

Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in Mena and Kazakhstan, saw its first-half net profit drop 44.8% to $80 million as revenues fell 15.2% to $1.05 billion. &nb

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Global air cargo demand drops by ‘5pc in July first week’

Global air cargo demand dropped by around 5% in the first week of July, mainly due to the impact of US Independence Day holidays, but average worldwide rates remain high thanks to continuing rises from Asia Pacific origins.  

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Dana Gas Q1 net profit falls 24pc to $38m

Dana Gas, the Middle East’s largest regional private sector natural gas firm, has seen a 24% fall in first-quarter net profit to AED139 million ($38 million) compared to Q1 2023 earnings of AED183 million.   

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Dana Gas Q1 net profit falls 24pc to $38m

Dana Gas, the Middle East’s largest regional private sector natural gas firm, has seen a 24% fall in first-quarter net profit to AED139 million ($38 million) compared to Q1 2023 earnings of AED183 million.   

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Americana Q1 net falls to $28m hit by $16.3pc revenue dip

Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in the region, has posted a first quarter revenue fall of 16.3% to $493.5 million leading to a drop in net profit at $28 million.

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Americana Q1 net falls to $28m hit by $16.3pc revenue dip

Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in the region, has posted a first quarter revenue fall of 16.3% to $493.5 million leading to a drop in net profit at $28 million.

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