Monday 25 November 2024
 
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Etihad flies high with 9-month revenue of $5bn; profit up 66pc

Abu Dhabi flag-carrier Etihad Airways has announced solid results for the first nine months with a 21% jump in its revenue which soared to AED18.4 billion ($5 billion) from AED15.1 billion ($4.1 billion), while its net profit registered a 66%

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Emaar 9-month net profit before tax jumps 24% to $3.4bn

Emaar recorded total revenues of AED23.8 billion ($6.5 billion) and a net profit before tax of AED12.4 billion ($3.4 billion) for the first nine months of 2024, achieving growth of 30% and 24% over the same period last year. 

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Cenomi Retail turns around, posts Q3 net of $5.06m

Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, has made a significant turnaround in the third quarter (Q3) posting a net profit of SR19 million ($5.06 million) compared to a huge net loss of SR203 million in Q3 2023.

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Cenomi Retail turns around, posts Q3 net of $5.06m

Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, has made a significant turnaround in the third quarter (Q3) posting a net profit of SR19 million ($5.06 million) compared to a huge net loss of SR203 million in Q3 2023.

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Spinneys' 9-month revenue hits record $626m; profit up 27pc

Spinneys, the region’s premium food retailer, today (November 8) delivered solid results for the first nine months with a record revenue of AED2.3 billion ($626 million), up 11.4% growth over last year driven by like-for-like sales growt

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Beyon's 9-month net profit hits $149m; revenue surges to $883m

Bahrain's leading telecom and technology group Beyon has recorded solid results for the first nine months of 2024 with a net profit attributable to company's equity holders of BD56.2 million ($149 million), up 1% over BD55.5 million ($

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Agthia's 9-month net profit up 24pc; revenue hits $816m

Agthia Group, a leading Abu Dhabi-based food and beverage company, has recorded a robust performance for the January to September period, thus marking a period of solid growth across all its business segments.  

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Emirates reports record $2.5bn profit after tax for H1

The Emirates Group on Thursday announced its best-ever half-year financial performance, posting a profit before tax of AED10.4 billion ($2.8 billion) for the first six months of 2024-25, surpassing its record profit before tax for the same per

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Aramco records Q3 net income of $27.6 billion

Aramco, Saudi Arabia's energy giant, delivered a robust net income of $27.6 billion for the third quarter of this year, the company said.   The Q3 2024 net income, down from $32.6 billion in Q3 2023 was in li

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Alpha Dhabi's 9-month net profit hits $3bn; revenue up 36pc

Alpha Dhabi Holding, a fast-growing investment company in the Middle East and a subsidiary of International Holding Company (IHC), has announced a group net profit of AED11.1 billion ($3 billion) for the nine-month period ending September 30,

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