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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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...