Tag: Financial Results
Rolls-Royce projects slow recovery into 2021; Reports $5.6bn loss
British engine manufacturer Rolls-Royce has reported a worse-than-expected $5.6 billion loss in 2020 as the pandemic stopped airlines flying while holding on to its...
Zoom’s 4th-quarter profit soars as work-from-home extends into early 2021
The US-based leading provider of video-first unified communications, Zoom Video Communications’ fourth-quarter net profit surged almost 16 times year-on-year, as revenue soared on the...
Remarkable Achievement: Surplus budget reported by UAE for H1 2020
UAE's Ministry of Finance has revealed that the federal government has had a surplus budget for the first (Q1) as well as the second...
Dubai-based DAE lists $672.6mn revenue for H1 2020
One of the largest aircraft leasing companies in the world, Dubai Aerospace Enterprise Ltd (DAE) reported total revenue of $672.6 million for the six...
Pinterest benefits from COVID-19; Surpasses Wall Street expectations
Pinterest, the image-sharing platform has beaten Wall Street's second-quarter revenue expectations. The growth is attributed to more users switching to the platform and its...
Google and others list Huge Profits hours after anti-trust hearings
Global tech giants reported impressive results just hours after their leaders were branded as "cyber barons" by a US Congressional hearing.
The results from Amazon,...
Dubai Islamic Bank reports $571.7 Mn net profit for H1 2020
UAE's largest Islamic bank, Dubai Islamic Bank (DIB) has reported a net profit of $571.73 million for the first half (H1) of 2020, a...
Saudi Aramco to reveal Q2 results early August
The world’s largest oil-exporting firm, Saudi Arabia's ARAMCO is expected to reveal its second-quarter results on August 9.
The Saudi Tadawul exchange-listed Aramco has declared...
