Tag: profit

Saudi banks’ aggregate profit reaches $2.2bn: SAMA 

RIYADH: Saudi banks posted strong financial results in January, with aggregate profits rising 16 percent year on year to SR8.14 billion ($2.17 billion), according...

CBI’s net profit before tax of Dh278.5 million, up 90% for Q3

Commercial Bank International PJSC (CBI), a leading UAE bank, on Thursday announced a net operating income of Dh278.5 million for Q3 2024, an increase...

Ajman Bank nine-month profit before tax spikes 458%

Ajman Bank on Monday announced that it recorded its highest-ever profit before tax of Dh313 million for the first nine months of 2024, a...

Emaar’s first-half profit jumps 33% to Dh7.8b

Emaar Properties announced on Thursday a total first-half revenue of Dh14.4 billion and a net profit before tax of Dh7.8 billion, recording a growth...

Emirates Stallions Group reports 128% YoY growth in operational profit in H1 2024

Emirates Stallions Group, the leading conglomerate operating across the workforce solutions, construction and real estate sectors, and a subsidiary of International Holding Company, on...

TECOM reports AED293 million net profit in Q1 2024

TECOM Group today announced a 15% year-on-year (YoY) increase in net profit to AED293 million for the three-month period ended 31st March 2024 (Q1). EBITDA...

Dubai Islamic Bank Q1 2024 pre-tax net profit hits Dh1.85 billion, a robust growth of 22% YoY

Dubai Islamic Bank announced on Monday that its first quarter profit rose 22 per cent year-on-year (YoY) to reach Dh1.85 billion. Total income reached to...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...