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Economy

China In-Focus — Xiaomi posts 20% revenue fall; Russian coal imports hit 5-year high

Follow-ups -eshrag News: UAE — In Focus: Noon to acquire Namshi for $335.2m; MBRAH’s Suppliers Complex to be completed in…

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Economy

Alkhorayef Water expects full-year revenue to hit $224m backed by strong pipeline 

Follow-ups -eshrag News: Crypto Moves – Bitcoin and Ethereum fall; Genesis hires an insider as interim chief DUBAI: Bitcoin, the…

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Economy

Dubai utility DEWA earns $3.3bn in first-half revenue after record IPO

Follow-ups -eshrag News: The year 2022 marks a decade of growth for the EDF Group in Saudi Arabia. Active in…

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Economy

SAMI ranked among top 100 defense firms after 2,898% hike in revenue

Follow-ups -eshrag News: Wed, 2022-08-10 18:06 RIYADH: The Saudi Arabian Military Industries has made it to the list of the…

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Economy

China In-Focus — Yuan weakens; Lenovo reports slowest revenue growth in eight quarters

Follow-ups -eshrag News: Wed, 2022-08-10 12:40 RIYADH: The yuan eased on Wednesday, weighed down by signs that China’s COVID-19-hit economy…

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Economy

ADNOC Drilling’s profit surges 34% to $379m on revenue boost in H1 

Follow-ups -eshrag News: Tue, 2022-08-09 11:24 RIYADH: Abu Dhabi-based ADNOC Drilling’s net profit surged 34 percent to $379 million in…

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Economy

PIF-owned Elm sees 59% profit surge buoyed by higher revenue

Follow-ups -eshrag News: Sun, 2022-08-07 09:01 RIYADH: Elm Co., a Saudi-based digital security firm, saw its profit surge 59 percent…

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Economy

Car rental firm Budget Saudi posts 5% profit growth to $33m on higher revenue

Follow-ups -eshrag News: Flight testing held on July 20-21 at the Red Sea International Airport, which is under construction at The…

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Economy

Saudi telecom operator Mobily’s profits up 45% in H1 on higher revenue

Follow-ups -eshrag News: Saudi Arabia leads GCC’s IPOs boom as region gathers momentum amid global volatility RIYADH: Gulf markets have…

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Economy

Makkah Construction & Development back to profit as revenue soars 260%

Follow-ups -eshrag News: RIYADH: Indian shares retreated on Monday from their longest winning streak since last October, as Reliance Industries…

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