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          Earnings

          News reports on quarterly and annual corporate profits and financial performance, offering insights into economic and market trends

          Du's mobile customer base grew 13 per cent to 7.4 million subscribers in the second quarter of 2022. Photo: EITC

          Du's Q2 profit rises 26% on strong demand for mobile services

          TechnologyJuly 21, 2022
          The Abu Dhabi lender is benefiting from rising interest rates. Photo: ADIB

          Abu Dhabi Islamic Bank’s Q2 profit up 45% on lower provisioning charges

          BankingJuly 20, 2022
          A Qatar Airways plane lands at King Khalid International Airport in Riyadh, Saudi Arabia. Reuters

          Qatar Airways swings to annual profit on higher cargo volumes and passenger traffic

          AviationJune 16, 2022
          Aramco's capital increase, approved by the company's board, will feature ­the number of shares rising to 220 billion from 200 billion. Reuters

          Saudi Aramco board approves capital increase

          EnergyMay 15, 2022
          Tadawul's operating revenue for the first quarter decreased 11.6 per cent year-on-year to 293.9m riyals. Reuters

          Saudi Tadawul Group first quarter net profit dips on lower operating revenue

          MarketsMay 15, 2022
          Sheikh Ahmed bin Saeed says the Emirates Group expects to return to profit between 2022 and 2023. Pawan Singh / The National
          Camera11

          Emirates narrows annual loss as travel demand recovers

          AviationMay 13, 2022
          Aramex chief executive Othman Aljeda says the company enjoyed a 'strong start' to the year. Silvia Razgova / The National

          Aramex profit grows 3% on higher revenue in first quarter

          EconomyMay 12, 2022
          The executives of Advanced Micro Devices (AMD), the headquarters of which are in Santa Clara, California, now expect second-quarter revenue to surpass $6.5bn, well ahead of analysts' estimates of around $6.38bn. Bloomberg

          AMD's Q1 revenue surges 71% to more than $5bn for the first time

          TechnologyMay 04, 2022
          Arab Bank headquarters in Amman, Jordan. The bank recorded a 6.3 per cent growth in net interest and commission income in the first quarter of the year. Reuters

          Jordan’s Arab Bank reports 29.4% increase in Q1 net profit to $166m

          BankingApril 30, 2022
          Traders work in the New York Stock Exchange on Friday. The tech losses were so widespread in April that even companies that reported good results weren’t spared. Bloomberg

          Amazon reports biggest one-day drop since 2006

          TechnologyApril 30, 2022
          Swiss bank Credit Suisse's sustained losses signal that its goal of making 2022 a period of transition to stability is at risk. Reuters

          Credit Suisse reshuffles management after posting another quarterly loss

          BankingApril 27, 2022
          RAKBank's customer deposits increased 5.4 per cent to Dh38.5 billion in the first quarter of 2022. Photo: RAKBank

          RAKBank records 93% increase in Q1 profit on loan growth and lower impairment charges

          BankingApril 26, 2022
          Banque Saudi Fransi's total operating income increased 7.3 per cent. Photo: Banque Saudi Fransi

          Banque Saudi Fransi first-quarter net profit up 12% on higher operating income

          BusinessApril 24, 2022
          Riyadh-based Almarai recorded higher revenue across its product range, led mainly by the bakery, fresh dairy and dairy food categories. Reuters

          Almarai's first-quarter profit rises nearly 9% amid higher revenue

          MarketsApril 10, 2022
          Samsung Electronics expects a big surge in first-quarter profits. EPA

          Samsung expects 50% operating profit surge in first quarter

          TechnologyApril 07, 2022
          The airline is cash-positive and has a strong balance sheet, Tim Clark told reporters on Tuesday. Reuters
          Camera11

          Emirates' Tim Clark on profits, jobs and airfares

          AviationMarch 29, 2022
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