2023-11-12 19:01:24 Abu Dhabi: “The Gulf” Gulf Pharmaceutical Industries Company (Julphar) recorded losses of 83.4 million dirhams in the nine months ending at the end of September 2023, compared to profits of 10.4 million dirhams achieved during the same period of the year 2022. Sales in 9 months fell by 2% to 1.25 billion dirhams … Read more
Russian gas giant Gazprom said, on Tuesday, that it achieved a net profit of 2.5 trillion rubles ($41.75 billion) in the first half of 2022, and the company’s board of directors recommended paying interim dividends after it refrained from paying them for the first time since 1998. Gazprom’s dividend is a sensitive issue for the … Read more
Abu Dhabi: «The Gulf» The revenues of the Abu Dhabi Ship Building Company for the period ending in the first half amounted to 373 million dirhams, which is three times more than the same period in 2021, when the company’s revenues amounted to 104 million dirhams. This increase in the current period is mainly due … Read more
Abu Dhabi: «The Gulf»Abu Dhabi Aviation Group recorded a net profit in the first half of this year of about 156 million dirhams, compared to 124 million dirhams in the corresponding period of last year, a growth of 25.8%.Abu Dhabi Aviation Group continues to provide a strong financial performance despite the negative impact of the … Read more
Second-quarter profit for JPMorgan Chase fell 28 percent from a year earlier as the bank built $428 million in bad loan reserves and suspended share buybacks.Earnings were $8.65 billion, or $2.76 per share, compared to the $2.88 forecast, according to a Refinitiv survey. The bank also achieved revenues of $31.63 billion, compared to $31.95 billion … Read more
Abu Dhabi: «The Gulf» “Commercial International Bank” turned towards profitability, with a net amount of 21 million dirhams during the first quarter of this year, compared to losses of 97 million dirhams in the corresponding period of 2021. The value of Commercial International’s assets increased by 31% to 21 billion dirhams during the first quarter … Read more
109 companies listed on local stock markets, including private companies, achieved consolidated net profits during 2021 estimated at 98.4 billion dirhams, compared to profits of 54.2 billion dirhams during 2020, with a strong growth of 81.5%; This is according to the preliminary unaudited financial statements. And 10 listed companies accounted for 71.4% of the total … Read more
Ras al-Khaimah: «The Gulf» The National Bank of Ras Al Khaimah “RAK Bank” announced that it recorded a consolidated net profit of 758.3 million dirhams for the year 2021, an increase of 252.9 million dirhams compared to the previous year. The bank’s total assets amounted to 56.3 billion dirhams, an increase of 6.7% over the … Read more