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Net profit

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ADCB aims to double net profit to AED 20bn within five years through a new strategy

On the year of its 40th anniversary, Abu Dhabi Commercial Bank (‘ADCB’) has embarked on a visionary growth strategy, aligning with the UAE’s progressive economic trajectory and contributing to the country’s position as a leading global financial powerhouse. The strategy charts a clear blueprint to align with the country’s ambitions through a substantial increase in […]
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BAHRI REPORTS STRONG INTERIM RESULTS

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, today announced its financial results for the third quarter and the first nine months of 2024, reporting strong profit growth.  For the third quarter of 2024, Bahri recorded a net profit of […]
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Qatar Airways Group Celebrates a Record-breaking Net Profit

Qatar Airways Group has today reported the strongest financial performance in its 27-year history, announcing record profits of QAR6.1 billion (US$1.7 billion) in its Annual Report for the 2023/24 financial year. The multiple award-winning airline group reported historic net profits of QAR6.1 billion (US$1.7 billion) during the 2023/24 fiscal, with a total revenue of QAR81
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IHC Records Exceptional 87.6% Growth

International Holding Company (ADX:IHC), the global diversified Abu Dhabi-based conglomerate, announces a 87.6% growth for the first quarter of 2024 with AED 8.0 billion in Net Profit (vs. AED 4.3 billion in Q1 2023), showcasing significant growth and a steadfast commitment to enhancing shareholder value. This growth was propelled by strong performances across IHC’s core
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Apex Investment PSC Announces 625% YOY increase in Net Profit

Apex CEO, Mark Blackwell, said: “2023 was all about change. We undertook a holistic transformation across our Group of Companies to establish core foundations to ensure we continue to bring world class offerings to our Clients and the Market.  This meant fundamental changes across every aspect of the business, requiring both bold and difficult decisions […]