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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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GFH net profit up 11pc; total income soars to $332m

GFH Financial Group, a leading regional financial group with major interests in asset management and real estate, has delivered strong double-digit growth in its income which rose to $332.2, up 53.7% over last year's figure of $216.2 milli

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GFH net profit up 11pc; total income soars to $332m

GFH Financial Group, a leading regional financial group with major interests in asset management and real estate, has delivered strong double-digit growth in its income which rose to $332.2, up 53.7% over last year's figure of $216.2 milli

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Bank ABC posts robust H1 growth; net profit up 24pc

Bahrain-based Arab Banking Corporation (Bank ABC) has announced that it continues to deliver strong performance for the first half with an H1 net profit of $150 million, up 24% growth over last year's figure of $121 million driven by a com

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Zain Group 9M net income up 13%; revenue hits $4.6bn

Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, has recorded solid results for the first nine months, with its consolidated net income

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Bank ABC Islamic 9M net profit rises 18.6pc to $35.1m

Bank ABC Islamic closed its first nine months (9M) this year with a net profit of $35.1 million, 18.6% higher than the same period last year.    Net operating income before credit losses stood at $44.1 milli

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Emirates Islamic’s 9M net profit surges 56% to record $450m

Emirates Islamic delivered its highest ever 9-month (9M) profit of AED1.65 billion, a sharp surge of 56% compared to 2022, driven by higher funded and non-funded income reflecting improved business sentiment. Q3’23 incom

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UAE hotels' revenues jump 24% to $7 billion in seven months

Hotel establishments in the UAE generated revenues of AED26 billion ($7.08 billion) in the first seven months of the year, a growth of 24 percent compared to the corresponding period last year, revealed Abdullah bin Touq Al Marri, Minister of

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Aramco Q2 net income falls to $30bn; firm resilient

Saudi energy giant Aramco posted a net income of $30.1 billion for the second quarter (Q2) and $62 billion for the first half of this year (H1), the company has announced.   The figures compare with $48.4 billion

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