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Fertiglobe posts H1 revenues of $1bn, adjusted net of $134mFertiglobe, the world’s largest seaborne exporter of urea and ammonia, reported H1 2024 revenues of $1.05 billion, with adjusted EBITDA of $378 million, adjusted net profit of $134 million, and free cash flows of $225 million. More… |
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Fertiglobe posts H1 revenues of $1bn, adjusted net of $134mFertiglobe, the world’s largest seaborne exporter of urea and ammonia, reported H1 2024 revenues of $1.05 billion, with adjusted EBITDA of $378 million, adjusted net profit of $134 million, and free cash flows of $225 million. More… |
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UAE Central Bank balance sheet hits AED734.6bnThe Central Bank of the United Arab Emirates (CBUAE) saw its balance sheet soar to touch AED734.61 billion at the end of January 2024, marking a significant surge in its financial strength. Compared with More… |
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UAE Central Bank balance sheet soars 30.4%The Central Bank of the United Arab Emirates' (CBUAE) balance sheet soared to AED670 billion at the end of November 2023, a robust 30.4% year on year (YoY) increase compared to AED513.61 billion in November 2022. More… |
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RAKBANK H1 net profit soars 70.8pc to record $245.25mThe National Bank of Ras Al Khaimah (RAKBANK) has seen its first-half (H1) net profit soar 70.8% to record AED900.8 million ($245.25 million) driven by a healthy balance sheet, continued sales momentum and strong credit quality. More… |
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Hyatt posts net loss of $73m in Q1 2022; outlook positiveDespite posting a net loss attributable to Hyatt of $73 million, or $0.67 per diluted share, in the first quarter of 2022, Hyatt Hotels Corporation has seen system-wide RevPAR surges in March which further strengthened in April. & More… |
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Govts urged to use public sector balance sheetsGovernments must use public sector balance sheets to properly manage their finances through the pandemic, paying attention to their public sector net worth, said a new report. For some, this means a change in accounting methods fr More… |
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Saudi's balance sheet 'strong' despite low oilSaudi Arabia's balance sheet will remain strong between 2016 and 2019, despite the sharp fall in oil prices in recent times, according to a report by Standard & Poor. The ratings agency affirmed an ‘A-/A-2’ rat More… |
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Qatar Islamic banks' balance sheet to hit $100bnQatar’s Islamic banks' balance sheets are expected to grow to $100 billion by 2017, according to a recent report by global credit rating agency Standard and Poor’s. Saudi Arabia, UAE and Qatar will all increase the More… |
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Bahrain banks' balance sheet soars to $201bnThe consolidated balance sheet of the banking system in Bahrain, comprising retail and wholesale banks, stood at $201.1 billion at the end of September this year, up 1.3 per cent over the same time last year, said a report. This w More… |
