Business
ADNOC L&S Q3 Net Profit up 18% YoY to AED643 million
November 14, 2024
ADNOC L&S Q3 Net Profit up 18% YoY to AED643 million
ADNOC Logistics and Services plc (ADNOC L&S) today announced its third quarter and first nine months (9M) 2024 financial results.…
Agility Reports Q3 2024 Net Profit of KD 10 Million
November 13, 2024
Agility Reports Q3 2024 Net Profit of KD 10 Million
Q3 2024 (Million KD) Q3 2023 (Million KD) Variance (%) 9M 2024 (Million KD) 9M 2023 (Million KD) Variance (%) Revenue 411.0 360.8 14% 1,122.7 1,009.2 11% Net Revenue 260.0 212.8 22% 720.0 599.7 20% EBITDA 70.0 58.7 19% 204.2 179.6 14% EBIT 44.8 33.8 33% 129.4 110.1 18% Net Profit 10.1 28.0 -64% 34.8 57.5 -40% EPS (fils) 4.04 11.23 -64% 13.93 23.03 -40% Numbers above are rounded. Agility, a supply chain…
Pemo Hits AED 1.4BN in Transactions Secures $7M in Pre-Series A Led by Augmentum Fintech and Shorooq
November 13, 2024
Pemo Hits AED 1.4BN in Transactions Secures $7M in Pre-Series A Led by Augmentum Fintech and Shorooq
Pemo has announced a $7 million Pre-Series A Funding round as it seeks to continue its unprecedented growth in the…
Agility Global PLC Reports Q3 2024 Net Profit of $37 Million
November 12, 2024
Agility Global PLC Reports Q3 2024 Net Profit of $37 Million
Agility Global PLC, a multi-business owner and operator and long-term investor in global and regional businesses, today reported Q3 2024 earnings…
ADNIC Achieves Net Profit before Tax of AED 342.5 million for the First Nine Months of 2024
November 12, 2024
ADNIC Achieves Net Profit before Tax of AED 342.5 million for the First Nine Months of 2024
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, continues…
Careem Pay Introduces Instant Transfers to Europe and Business Payments to India
November 11, 2024
Careem Pay Introduces Instant Transfers to Europe and Business Payments to India
Careem Pay, the digital wallet and fintech platform within the Careem Everything App, expands its international remittance service to include…
Razzamataz Theatre Schools Franchise Forecasts £1 million Turnover in Five Years
November 11, 2024
Razzamataz Theatre Schools Franchise Forecasts £1 million Turnover in Five Years
Razzamataz Theatre Schools is looking to engage local partners as the UK-based leading provider of exceptional performing arts education for…
CFI Sets New Milestone as Trading Volume Surpasses $1 Trillion in Q3 2024
November 11, 2024
CFI Sets New Milestone as Trading Volume Surpasses $1 Trillion in Q3 2024
CFI, the region’s leading online trading provider, sustains its remarkable momentum from Q2 2024, achieving unprecedented milestones and setting new…
Almarai Selects SIG as Strategic Partner for 5-year Expansion Plan
November 11, 2024
Almarai Selects SIG as Strategic Partner for 5-year Expansion Plan
Almarai, the Middle East’s leading dairy and food company, has selected SIG as a strategic partner for its five-year expansion…
Erth Real Estate Showcases the Future of Saudi Real Estate with Time-Defying Projects at Cityscape 2024
November 11, 2024
Erth Real Estate Showcases the Future of Saudi Real Estate with Time-Defying Projects at Cityscape 2024
Erth Real Estate Company is taking part in Cityscape Global 2024, held at the Riyadh Exhibition and Convention Center, Malham,…