Tag: profit

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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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...