Tag: Q2

Nykaa projects mid-20% net revenue growth in Q2 due to early festive season

FSN E-Commerce, the parent of online beauty and fashion retailer Nykaa, said that its consolidated net revenue growth in the September quarter is expected to be at...

Riyadh leads Saudi Arabia’s industrial rental growth with 9.3% jump in Q2 

RIYADH: Riyadh’s industrial and logistics sector recorded an annual rental growth of 9.3 percent in the second quarter of 2025, reinforcing the Saudi capital’s...

Aramco posts $22.67bn Q2 profit amid market volatility 

RIYADH: Saudi Aramco reported a net profit of SR85 billion ($22.67 billion) for the second quarter of 2025, underscoring its operational strength and financial...

Saudi economy grows 3.9% in Q2, driven by non-oil activity

Growth in non-oil activities reached 4.7% Non-oil sector contributed largest share to GDP growth, adding 2.7 percentage points RIYADH: Saudi Arabia’s economy expanded by 3.9 percent...

Saudi non-oil GDP growth strong, up 4.9% in Q2

The non-oil GDP growth in Saudi Arabia remains strong in the second quarter, recording a 4.9% increase year-on-year, according to Al Rajhi Capital Research,...

UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b

Net income reported by listed banks in the GCC reached a new record high during Q2 2024 after four out of the six country...

Riot Platforms Reports Q2 Loss After Bitcoin Halving

Bitcoin mining firm Riot Platforms reports a total revenue of $70.0 million from the $76.7 million recorded in the same period last year. The drop is...

Samsung electronics Q2 shows fastest growth in over a decade

Samsung Electronics Wednesday reported its fastest growth since 2010, with operating profits soaring for the second quarter, as chip prices bounce back and demand...

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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...