Tuesday 24 December 2024
 
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110 UAE listed firms post $8.7bn net profit in H1

A total of 110 listed companies in the UAE reported profits worth Dh31.9 billion ($8.68 billion) during the first half (H1) of the year, as compared to Dh32 billion in the corresponding period last year, a report said. The positiv

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110 UAE listed firms post $8.7bn net profit in H1

A total of 110 listed companies in the UAE reported profits worth Dh31.9 billion ($8.68 billion) during the first half (H1) of the year, as compared to Dh32 billion in the corresponding period last year, a report said. The positiv

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Saudi listed firms’ profits to ‘hit $30 billion’

The Saudi economy maintains a positive outlook and the net income of listed companies is expected to grow by 18 per cent to SR112 billion ($29.86 billion) this year, a report said. NCB Capital, in its updated annual Saudi Factbook, said do

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Bahrain listed firms 'hit by weak earnings'

Last year was a challenging one for Bahraini listed companies, which presented poor  performance in terms of profitability, according to research by Gulf Investment House. This performance can be attributed to weak earnings reported b

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