Browsing: profitability

UAE insurance sector experienced continued growth in Q2 2024, as reported in the Quarterly Economic Review by the Central Bank.

The UAE’s top banks have maintained a strong capital position, supported by robust profits, and their asset quality improved in the quarter ending June 2024.

Presight AI Holding PLC announced its results for the first half of the year ending 30th June 2024, showcasing significant year-on-year growth in both revenue and profitability.

Banks in the GCC region are showing a strong desire to expand their presence in major regional markets, particularly Turkey, Egypt, and India, according to Fitch Ratings on Tuesday. This is driven by improved economic conditions and growth opportunities in these target markets.

A recent survey conducted by GoDaddy has shed light on the optimistic outlook of small…

Dubai-based contractor Drake & Scull International has written off AED 4.18B ($1.1B) in financial and commercial debts and has started settling with other creditors after completing its restructuring requirements.

Dubai, UAE, 5 June 2024: The second day of this year’s INDEX, the Middle East’s…

Payrails, a prominent payment platform serving multinational corporations, has unveiled a strategic partnership with inDrive, a globally renowned ride-hailing application, to tackle the challenge of integrating multiple payment service providers (PSPs) and alternative payment methods (APMs) throughout the Middle East, North Africa (MENA), and beyond.

In a significant development for shareholders, ADNOC Logistics & Services (ADNOC L&S) has announced the…

E-Reports, a leading player in the telecommunications sector, has announced robust financial results for the…