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Infracorp H1 net jumps 28.4pc to $26.5m, income zooms 182pc

Infracorp, a leading specialised company in investing in the infrastructure and sustainability sector, has seen its first-half (H1) net profit jump 28.4% to $26.5 million and total income shoot up 182% to $195 million.  

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Infracorp H1 net jumps 28.4pc to $26.5m, income zooms 182pc

Infracorp, a leading specialised company in investing in the infrastructure and sustainability sector, has seen its first-half (H1) net profit jump 28.4% to $26.5 million and total income shoot up 182% to $195 million.  

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Weatherford Q2 net income jumps 52pc YoY to $125m

Weatherford International has posted a net income of $125 million in the second quarter (Q2), an 8.9% margin, an increase of 12% or 65 basis points sequentially, and an increase of 52% or 246 basis points year-over-year.  

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DTC posts FY 2023 net profit growth of 54pc YoY to $94m

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, has seen its FY 2023 net profit jump 54% to AED345.3 million ($94 million) year-on-year, with free cash flow of AED129 million.  

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DTC posts FY 2023 net profit growth of 54pc YoY to $94m

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, has seen its FY 2023 net profit jump 54% to AED345.3 million ($94 million) year-on-year, with free cash flow of AED129 million.  

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Al Salam Bank attributable 9M net profit jumps 25pc to $53.8m

Al Salam Bank, one of the pioneering Shari'a-compliant banks in Bahrain, has seen its nine-month (9M) net profit attributable to shareholders jump 25% to BD20.3 million ($53.8 million) compared to BD16.2 million in 2021. 

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Pinsent Masons posts 7pc jump in H1 revenues

Pinsent Masons, an international law firm, announced that it has achieved a 7 per cent increase in revenues during the financial year 2018-2019 (FY18/19), as part of its annual results. In 2018, Pinsent Masons also worked to conve

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Pinsent Masons posts 7pc jump in H1 revenues

Pinsent Masons, an international law firm, announced that it has achieved a 7 per cent increase in revenues during the financial year 2018-2019 (FY18/19), as part of its annual results. In 2018, Pinsent Masons also worked to conve

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Abu Dhabi hotels post highest ADR rates in two years in Feb

Hotels in Abu Dhabi saw average daily rates reach its highest in two years this February, according to new figures. STR’s preliminary February data showed that Abu Dhabi's hospitality sector recorded a 17.9 per cent incr

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Dubai hotel room inventory to cross 76,000

Dubai’s hotel room inventory is expected to hit 76,500 by the end of the year, up 14 per cent from 2015, with 9,300 keys across 31 new hotels estimated to be in the pipeline, a new report has revealed. According to a market

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