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EARNINGS
Aviation
Emirates airline posts 63% jump in FY 2023-24 profit
Companies News
Ahlibank’s Q1 results showcase growth and development, highlighting its leading position in the banking sector
Energy
Saudi’s ACWA Power Q1 profit jumps 10% despite revenue drop
Energy
Dubai’s DEWA profit falls 15% to $177mln
Banking & Insurance
Faisal Islamic Bank's consolidated profit leaps 181% YoY in Q1-24
Equities
Dubai's Empower Q1 net profit dips YoY, misses estimate
Technology and Telecom
Foxconn reiterates Q2 revenue to grow, posts record April sales
Equities
Multiply Group registers net profit of $107mln in Q1 2024
Banking & Insurance
CBI profit grows 19% in Q1 2024
Healthcare
Kahira pharmaceutical's profits jump 248% in 9 months
Technology and Telecom
Ooredoo unveils $250.7mln net profits in Q1-24, dividends
Equities
KFC parent Yum reports surprise drop in global same-store sales on weak demand
Technology and Telecom
Garmin's Q1 results beat on strong demand for fitness, auto products
Equities
UAE’s e& Q1 net profit up 7% to $626mln
Technology and Telecom
Chinese tech giant Huawei posts fivefold rise in Q1 profits
Equities
GSK Egypt obtains shareholders’ nod for 2023 cash dividends
China and Asia Pacific
China's EV giant BYD misses Q1 revenue estimates
Manufacturing
AMOC’s consolidated profit surges 19% YoY in 9 months
Healthcare
Memphis Pharmaceutical’s unaudited profits leap 374.5% YoY in 9 months
Equities
Dr. Sulaiman Al Habib records 13% YoY higher profit in Q1-24
Manufacturing
Saudi Steel Pipe logs 1,166% profit surge in Q1-24
Equities
UAE: Americana Restaurants’ general assembly nod for $180.10mln dividends
Banking & Insurance
ADCB logs 26% net profit growth in Q1 2024
Equities
UAE: Agthia’s shareholders greenlight annual cash dividends
Banking & Insurance
ADIB delivers $394.8mln net profit in Q1 2024
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EQUITIES
Asian markets mixed as traders pause ahead of US inflation data
REAL ESTATE
Dubai: New office spaces being pre-leased as demand outstrips supply
FINANCIAL SERVICES
ADCB ranks first in banking, second across UAE's economic sectors
ECONOMY
GCC's comprehensive vision aims lower reliance on oil
LEADERSHIP TALKS
RETAIL
INTERVIEW: Kuwait’s AlShaya Group CEO says hostility to US brands has receded; negligible impacts due to floods
INSIGHTS
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Funds slash short yen positions at fastest pace in 4 years: McGeever
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Before global scrutiny, Indian spice maker MDH faced many US rejections
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European banks' Goldilocks rally tempts back buyers... and bears
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Gazans strive to study as war shatters education system
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Campus Gaza rallies may subside, but experts see possible 'hot summer of protest'
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BELT AND ROAD INITIATIVE
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Foodics expands footprint with new office opening in Egypt
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IFC’s investments in Egypt hit $9bln
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Indian banks' underwriting standards at risk amid rapid consumer loan growth, Fitch says
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Australian shares end flat as miners offset losses in banks, energy; US CPI on tap
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Japanese shares fall ahead of earnings reports; rising yields weigh
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