Tuesday 22 April 2025
 
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Quarterly net profits of GCC firms see drop in Q4, 2024

Quarterly net profits reported by companies listed on GCC exchanges continued to decline, reaching  a three-quarter low level during Q4-2024, according to a Kamco Invest report.    Aggregate profits dur

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Oman Cables 2024 net profit up 19.5pc; sales soar to $697m

Oman Cables Industry (OCI), a leading cable solutions provider in the sultanate, has announced that it has delivered solid results for yet another year with its sales turnover for 2024 soaring to RO269 million ($697 million), thus marking 8.3%

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Oman Cables 2024 net profit up 19.5pc; sales soar to $697m

Oman Cables Industry (OCI), a leading cable solutions provider in the sultanate, has announced that it has delivered solid results for yet another year with its sales turnover for 2024 soaring to RO269 million ($697 million), thus marking 8.3%

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RAK Properties 2024 revenue soars to $381m; profit up 39pc

RAK Properties, a leading developer in the northern emirate of Ras Al Khaimah, has reported a 40% year-on-year revenue growth in 2024 which soared to AED1.4 billion ($381 million), up from AED1 billion ($272 million) the previous year.

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RAK Properties 2024 revenue soars to $381m; profit up 39pc

RAK Properties, a leading developer in the northern emirate of Ras Al Khaimah, has reported a 40% year-on-year revenue growth in 2024 which soared to AED1.4 billion ($381 million), up from AED1 billion ($272 million) the previous year.

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Turkish Airlines reports record profit of $2.4bn

Turkish Airlines recorded a profit from main operations of $2.4 billion in 2024 despite global geopolitical and economic tensions, bottlenecks in aircraft production, and engine issues, the airline said.   It sai

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stc Group posts robust growth for 2024; revenue soars to $20bn

stc Group, a digital enabler, offering advanced solutions and driving a role in the digitalization process, today (February 26) delivered solid results for FY 2024 with a 85% jump in its net profit which soared to hit SAR24.7 billion ($6.6 bil

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flydubai reports pre-tax profit of $674m

flydubai has reported its strongest-ever financial performance in its 15-year history, with a pre-tax profit of AED2.5 billion ($674 million), a 16 per cent growth from the previous year, and a total revenue of AED12.8 billion, a 15 per cent i

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Etihad Airways posts record profit of $476m

Etihad Airways today announced its results for the full year 2024, recording strong performance across all key metrics with a AED1.7 billion ($476 million) profit after tax driven by AED20.8 billion ($5.7 billion) passenger revenue and AED4.2

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Zain Bahrain revenue for 2024 hits $203m; net profit up 2pc

Zain Bahrain, a leading telecommunications provider in the kingdom, has announced a revenue of BD77.24 million ($203 million) for FY2024, up 6.8% from the previous year's figure of BD72.32 million ($190 million).   

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