Revenue

NEWS DESK

ATM outlines why luxury hospitality leaders view personalisation as key to revenue growth

PR News Desk 22/07/2025

Personalisation is emerging as a growing trend in travel and tourism, particularly within the luxury segment, as travellers increasingly seek experiences tailored to their individual preferences and lifestyles. At Arabian Travel Market (ATM) 2025, senior executives from leading hotel groups,

NEWS DESK

Central Hotels & Resorts Records 90% Occupancy in Q1 2025 as Palm Properties Drive Revenue Growth

PR News Desk 20/05/2025

Central Hotels & Resorts, one of the fastest-growing hospitality management companies in the UAE, continues to build momentum in 2025, reporting a robust 90% average occupancy across its portfolio in the first quarter of the year. With revenues and guest satisfaction scores surpassing 2024 benchmarks, the homegrown Emirati hospitality group is showing sustained upward

NEWS DESK

ExaGrid Achieves Record First Quarter Bookings and Revenue and 17th Consecutive Quarter of Free Cash Flow, EBITDA, and P&L Positive Operations

PR News Desk 08/04/2025

ExaGrid®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that it had its strongest first quarter (Q1 2025) in the company’s history, for the quarter ending March 31, 2025 with double digit growth over

NEWS DESK

Checkout.com surpasses $10 billion in revenue unlocked for enterprise merchants using AI-powered boost

PR News Desk 24/03/2025

Checkout.com, a leading global digital payments company, has announced that its Intelligent Acceptance product, an AI-powered engine designed to help enterprise businesses boost their payment performance, has generated over $10 billion in additional merchant revenue. Powered by over 20 billion data points and insights from Checkout.com’s global network, Intelligent

Business

Rheinmetall’s consolidated sales rose by a significant 36% in 2024

Arnold Pinto 20/03/2025

Boosted by 50% rise in defence business Rheinmetall, the Düsseldorf-based global leader in defence and technology, posted significant growth across its divisions and record sales and operating results for fiscal year 2024. The company’s consolidated sales surged by 36%, reaching €9.75 billion, driven primarily by a 50% increase in its defence business, which now accounts

Business Logistics

DP World posts $20.0 billion revenue for 2024

Arnold Pinto 16/03/2025

Big boost from ports and terminals DP World’s revenue increased 9.7% to $20.0 billion, for the year ended December 31, 2024, compared to $18.25 billion in 2023, showcasing a solid performance despite a challenging geopolitical environment, with significant contributions from its ports and terminals and strategic investments boosting its integrated logistics offering.

NEWS DESK

Response Plus Holding Revenue Surges 32% in 2024; Targets Global Growth

PR News Desk 14/03/2025

Response Plus Holding PJSC (ADX: RPM), the leading pre-hospital care and emergency medical services provider in the UAE and KSA, has released its audited financial results for the period ending December 31, 2024. The Group’s Revenue surged 32% from AED 346.1 million in 2023 to AED 456.5 million as on December 31, 2024. Net Profit […]

NEWS DESK

ExaGrid’s FY 2024 Results

PR News Desk 07/01/2025

ExaGrid®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that it had record bookings and revenue in the fourth quarter ending December 31, 2024, and had record-breaking bookings and revenue in 2024.

Corporate

The world’s 10 largest companies by revenue

Arnold Pinto 31/12/2024

From 2019 to 2024 In a world where corporate giants dominate the economic landscape, the latest rankings from the Fortune Global 500 reveal the ten largest companies by revenue from 2019 to 2024. Together, these firms generate approximately $4.6 trillion in annual sales, surpassing the GDPs of nations such as Japan and Germany. The rankings […]

Markets

OTT business messaging revenue to hit $3.7bn in 2025

Arnold Pinto 28/12/2024

Infobip, Gupshup, Twilio dominate A new study has revealed that global Over-the-Top (OTT) business messaging revenue is set to surge, growing from $2.4 billion in 2024 to $3.7 billion in 2025. Despite this promising expansion, the market is expected to face significant disruption from emerging technologies that will enhance user experiences. Notably, click-to-chat ads are

Automotive Business

Jaguar Land Rover reports resilient Q2 FY25 performance

Arnold Pinto 14/11/2024

With 25% increase in H1 profits Jaguar Land Rover (JLR) has registered a resilient performance for the second quarter (Q2) of FY25, marking its eighth consecutive profitable quarter despite temporary production challenges due to aluminium supply shortages. The British company reported revenue of £6.5 billion for the quarter, a 6% decline compared to Q2 FY24. […]

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

Emirates Stallions Group achieves 125% YoY Growth in Revenue in Q3 2024

PR News Desk 29/10/2024

Emirates Stallions Group (ADX: ESG), the leading conglomerate operating across the Workforce Solutions, Construction and Real Estate sectors, and a subsidiary of International Holding Company (ADX: IHC), today announced a leap in operational profit to AED 151.78 million in the first nine months of 2024, achieving a growth of 69% compared to the same period […]

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 […]

Transport

Dubai RTA earned AED3.7 billion from digital transactions in 2023

News Desk 06/10/2024

821 million transactions conducted Dubai Roads and Transport Authority’s digital revenues for 2023 soared by 16.8% over 2022, reaching AED 3.705 billion. The digital transactions conducted through the Dubai RTA’s channels reached 821 million, a slight 1% increase from 2022. Notably, transactions via the transport agency’ smart apps surged to 15.299 million, reflecting a

NEWS DESK

MultiBank Group Achieves Record-Breaking Revenue and Exceptional Profit Growth in 2023

PR News Desk 22/08/2024

MultiBank Group, one of the world’s largest financial derivatives institutions headquartered in Dubai, announces its most successful financial year to date, with an impressive revenue of $306,636,717 in 2023. Based on the latest audited financial statements, MultiBank Group achieved a strong 10% revenue increase, growing from $279,523,140 in 2022. This milestone

Business

SIXT reports record €1 billion revenue for Q2 2024

Arnold Pinto 14/08/2024

Strong growth and earnings drive positive results SIXT SE, the international mobility provider, has reported revenue for Q2 2024, reaching €1.01 billion—a notable 8.9% increase compared to last year. Sixt SE, with its registered office in Pullach near Munich, Germany, is a leading international provider of high-quality mobility services. With its products SIXT rent, SIXT

NEWS DESK

Response Plus Holding revenue surges 24% to AED 209.88 million in the first half of 2024

PR News Desk 13/08/2024

Response Plus Holding PJSC (ADX: RPM), the largest pre-hospital care and emergency medical services provider in the UAE and KSA, has released its interim half-year results for the period ending on June 30th, 2024. The group’s revenue surged to AED 209.88 million in the first half of 2024, compared to AED 168.77 million in H1 […]

NEWS DESK

Ghitha Delivers Impressive 18% Revenue Growth

News Desk 27/07/2024

Ghitha Holding PJSC (ADX: Ghitha), the Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail, and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has reported a robust AED 2.45 billion in revenue for H1 2024, marking an impressive 18% year-over-year growth. This milestone underscores Ghitha’s

NEWS DESK

Kenvue Releases Inaugural Healthy Lives Mission Report

News Desk 25/06/2024

Kenvue Inc. (NYSE: KVUE) (“Kenvue” or the “Company”), the world’s largest pure-play consumer health company by revenue, today released its first-ever Healthy Lives Mission Report and shared how the Company advanced the well-being of both people and planet in 2023. “We recognize that human health is inseparably linked to environmental health and our commitment to […]