Reports

NEWS DESK

Meta Q2 Earnings Reports Strong Performance on AI and Ad Strength

PR News Desk 31/07/2025

Meta Platforms (NASDAQ: META) delivered a stellar second-quarter earnings report, significantly surpassing Wall Street expectations and reinforcing its leadership in both digital advertising and artificial intelligence (AI). The tech giant reported Q2 revenue of $47.5 billion, marking a 22%

NEWS DESK

Fourth Milling Company Reports Q2 2025 Results with 2.7% Net Profit Growth and Resilient Half-Year Performance

PR News Desk 31/07/2025

Fourth Milling Company (“MC4” or the “Company”), a leading producer of flour and its derivatives in the Kingdom of Saudi Arabia, has announced its financial results for the three-month and six-month periods ended 30 June 2025. Q2-2025 Performance MC4 delivered a steady performance in Q2 2025, with net revenue rising by 2.8% year-on-year to SAR […]

NEWS DESK

NMDC Group reports robust H1 2025 results, demonstrating operational strength and strategic focus

PR News Desk 30/07/2025

NMDC Group (ADX: NMDC), a global leader in engineering, procurement, construction and marine dredging, today announced its resilient financial results for the first six months of 2025, as the Group demonstrates operational excellence and adaptability amid a challenging environment. With an expanding geographical footprint and capitalizing on the infrastructure development

NEWS DESK

Ajman Bank Reports AED 266 Million in H1 2025 Profit Before Tax, Marking 14% Growth Driven by Core Performance and Operational Efficiency

PR News Desk 22/07/2025

His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired the Bank’s Board of Directors meeting on Tuesday to review key financial and administrative matters, and issue resolutions on commercial activities. Ajman Bank announced a profit before tax of AED 266 million for the […]

NEWS DESK

Pangaea X reports improved hiring accuracy with launch of AI-based tool for data analysts

PR News Desk 07/07/2025

Data workforce platform Pangaea X has reported a 65 percent improvement in screening accuracy following internal trials of AuthenX, its AI-powered interview and verification platform purpose-built for assessing data analysts. Developed in-house and specifically refined for the data and analytics field, AuthenX addresses a persistent gap in hiring for data roles.

NEWS DESK

EMIRATES REIT REPORTS A STRONG Q1 2025 WITH 24% INCREASE IN PROPERTY INCOME

PR News Desk 30/06/2025

Equitativa (Dubai) Limited (“Equitativa”), manager of Emirates REIT (CEIC) PLC (“Emirates REIT” or the “REIT”), today reported financial results for the quarter ended 31 March 2025 for Emirates REIT. Total property income was USD 19 million in Q1 2025 growing 24% year-on-year on a like-for-like basis, reflecting the quality of the retained portfolio, even with the

NEWS DESK

Dubai Chambers’ Service Excellence Programme achieves significant growth in mystery shopper reports and applicant numbers

PR News Desk 23/05/2025

Dubai Chambers has revealed significant growth in participation in its Service Excellence Programme, underlining the private sector’s increasing focus on delivering exceptional customer experiences. The programme, designed to elevate service standards across various industries, has witnessed a significant surge in both mystery shopper reports issued and the number of

NEWS DESK

ADNOC DISTRIBUTION REPORTS HIGHEST FIRST-QUARTER EBITDA, WITH 11% YEAR-ON-YEAR GROWTH

PR News Desk 06/05/2025

ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today reported record Q1 EBITDA and fuel volumes that drove double-digit year-on-year (y-o-y) earnings growth. For the first three months of 2025, ADNOC Distribution’s financial performance significantly exceeded analyst expectations. Net profit increased 16%

NEWS DESK

United Foods Company reports strong FY2024 performance

PR News Desk 29/04/2025

United Foods Company (PSC) (DFM: UFC), a leading UAE-based food manufacturing and distribution company, announced financial results for the full year ended 31 December 2024. Against a backdrop of geopolitical volatility and rising costs, United Foods achieved significant growth in revenue and profitability and reinforced its strong financial and market position, delivering

NEWS DESK

DNIB.com Reports Internet Has 368.4 Million Domain Name Registrations at the End of the First Quarter of 2025

PR News Desk 25/04/2025

VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Domain Name Industry Brief Quarterly Report from DNIB.com, the first quarter of 2025 closed with 368.4 million domain name registrations across all top-level domains (TLDs), an increase of 4.2

NEWS DESK

Saxo Bank Reports Record-Breaking 287% Profit Surge in 2024 Results

PR News Desk 03/03/2025

The Saxo Bank Group announces its financial results for 2024, achieving the best results in the company’s history. The Group reported a net profit of USD 146 million for 2024, compared to a net profit of USD 38 million for 2023, corresponding to an increase of 287%. The adjusted net profit for 2024 ended at […]

NEWS DESK

DNIB.com Reports Internet Has 364.3 Million Domain Name Registrations

PR News Desk 07/02/2025

VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Domain Name Industry Brief Quarterly Report from DNIB.com, the fourth quarter of 2024 closed with 364.3 million domain name registrations across all top-level domains (TLDs), an increase of 2.0

NEWS DESK

Engel & Völkers Middle East Reports 15.4% Residential

PR News Desk 17/12/2024

Dubai’s real estate market continued to demonstrate remarkable resilience and robust growth in November, with the residential sector achieving a 15.4% year-over-year increase and the commercial market recording a total sales value of AED9.2 billion, according to the latest report from Engel & Völkers Middle East, a leader in premium residential and commercial real

NEWS DESK

DEWA reports highest top line results in history with a record first 9-month revenue

PR News Desk 13/11/2024

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first 9 month consolidated financial results for 2024, recording cumulative revenue of AED 23.5 billion, EBITDA of AED 11.8 billion, and net profit

NEWS DESK

Ghitha Holding reports 11% Revenue Growth

PR News Desk 09/11/2024

Ghitha Holding PJSC (ADX: Ghitha), Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has announced a solid AED 3.67 billion in revenue for the first nine months of 2024, showcasing an impressive 11% year-on-year (YoY) growth. Gross Profit

NEWS DESK

JLR’S HYBRID VEHICLE RETAIL SALES UP 29% IN H1 FY25 AS MORE CLIENTS PREPARE FOR ELECTRIFICATION

PR News Desk 30/10/2024

JLR reports growing demand for plug-in hybrid models, with retail sales for the first half of the financial year up 29% compared to the prior year, as more customers use the technology as a stepping stone towards battery electric vehicles (BEV). For the Range Rover brand, PHEV retail sales were up 47% in the first […]

NEWS DESK

Response Plus Holding reports 30% surge in Revenueto AED 323.03 million in the third quarter of 2024

News Desk 11/10/2024

Response Plus Holding PJSC (ADX: RPM), the largest pre-hospital care and emergency medical services provider in the UAE and KSA, has announced a 30% increase in Revenue in the third quarter of 2024. As per the preliminary results for the period ending September 30, 2024, RPM’s Revenue surged to AED 323.03 million, compared to AED […]

NEWS DESK

Sophos is a Recognized a Leader in European Managed Detection and Response Services by IDC MarketScape

PR News Desk 03/10/2024

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced it is a Leader in the IDC MarketScape: European Managed Detection and Response (MDR) Services in 2024 Vendor Assessment (doc # EUR151172124, September 2024), which evaluates the product offerings and business strategies of MDR vendors. Sophos is also named a Leader in

NEWS DESK

Kissflow identified as a Sample Vendor for No-Code Platforms technology

PR News Desk 29/08/2024

Kissflow has been recognized as a Sample Vendor for no-code platforms technology in three Gartner® Hype Cycle™, 2024 Reports. Kissflow is an easy-to-use, low-code platform for custom application development tailored to business operations and listed in the following reports: Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies

NEWS DESK

Tecnotree Recognized in 3 Different 2024 Gartner® Hype Cycle™ Reports

PR News Desk 07/08/2024

Tecnotree, a global leader in digital platforms and services for AI, 5G, and cloud-native technologies, has been mentioned in three different 2024 Gartner Hype Cycle reports, recently published. Tecnotree has been cited under the categories of Hype Cycle for Enterprise Communication Services, Private Mobile Network Services, and Operations and Automation in Communications