shareholders
- Business
Lulu Retail Posts $7.9 Billion Revenue as E-commerce Surge and GCC Expansion Lift Profits
E-commerce boom and strategic expansion drive growth; net profit of $205m Lulu Retail Holdings, the largest pan-GCC full-line retailer, posted…
Read More » - Turkiye
Istanbul Dominates Turkiye’s Equity Market as Qatar Leads Foreign Holdings
By the end of September, Istanbul continued to be Türkiye’s dominant hub for equity investors, hosting more than 1.58 million…
Read More » - UAE
UAE’s Al Ansari Declares $40.4 Million Interim Dividend, Highlighting Strong Financial Position
Dividend equals 70% of net profit, reinforcing Al Ansari’s strong financial position Al Ansari Financial Services PJSC, on Friday, has…
Read More » - UAE
UAE: ADCB to Raise $1.66 Billion via Rights Issue to Strengthen Capital and Support Growth
New share issuance to strengthen capital base, support expansion, boost shareholder value Abu Dhabi Commercial Bank (ADCB) will raise up…
Read More » - Turkiye
Turkish Banks Report 58% Profit Surge Amid Rising Interest Income and Loan Growth
Turkish banks’ net income increased by 58 percent in the first two months of 2025 from a year ago to…
Read More » - Turkiye
Turkish Airlines Reports ₺113.4 Billion Profit Despite Decline in Net Earnings
Türkiye’s flag carrier, Turkish Airlines, announced on Friday its financial results for 2024, reporting a consolidated net profit of ₺113.4…
Read More » - Business
Fitch affirms Islamic Corporation for Development’s A+ rating with stable outlook
ICD’s solvency is improving but remains constrained by ‘high’ credit risk, according to rating agency Fitch Ratings said Wednesday it…
Read More » - UAE
ADNOC L&S shareholders approve $130 million final dividend for 2023
Company aims to increase dividends by a minimum of 5% every year Adnoc Logistics & Services Plc (Adnoc L&S) shareholders…
Read More » - Business
Record dividends paid out to shareholders in 2023
Global dividend payments hit a record $1.66 trillion in 2023 according to a report by asset manager Janus Henderson, with…
Read More » - Business
Credit Suisse shareholders greenlight $4.2 billion capital raise
The new share offering will see the Saudi National Bank take a 9.9% stake in Credit Suisse, making it the…
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