International News Fitch revises Nissan’s outlook to negative Nada Ali Nov 26, 2024 0 Fitch Ratings revised on Tuesday the outlook on Nissan Motor Co., Ltd. to negative from stable, reflecting the…
Featured Fitch projects stable outlook for European construction industry Aya El Sayed Nov 24, 2024 0 Fitch Ratings has given the European Engineering and Construction (E&C) sector a ‘neutral’ outlook, citing…
Energy Germany’s EON invests €2.9b in H1 to enhance power grids Aya El Sayed Aug 14, 2024 0 The German utility AEON SE significantly increased its investments by over 20 per cent in the first half of 2024,…
Featured Maersk expects low ’24 earnings Aya Anwar Feb 8, 2024 0 Maersk said on Thursday that it expects 2024 earnings to be significantly lower than last year's level due to an…
Featured TotalEnergies income falls 31% in Q4 ’23 Nada Ali Feb 7, 2024 0 TotalEnergies reported a 31 per cent decrease in net adjusted income to $5.2 billion in the fourth quarter of 2023…
Featured Swiss Holcim firm to spin off N. American business Nada Ali Jan 28, 2024 0 The Swiss cement giant Holcim announced on Sunday its intention to fully spin off its North American business and…
News Abu Dhabi Ports record 4% profit fall in Q2 of 2023 Nada Ali Aug 15, 2023 0 Abu Dhabi Ports Group (AD Ports Group) posted on Tuesday its profit on shareholders that fell by four percent in…
Tech/AI Qatari Ooredoo Q2 net profit rise 26%, beats estimates Sama Mousa Jul 31, 2023 0 Ooredoo, Qatari telecommunications company, announced on Monday that its net profits in Q2 2023 rose to 831 million…
Featured e& reports net profit of $2.72bln in 2022 Nada Ali Mar 7, 2023 0 UAE telecom group e& reported on Monday a rise in consolidated net profit of AED10 billion ($2.72 billion) up…
Featured Etisalat Misr: 2020 revenues grow 22% y-o-y Nayera Eid Feb 23, 2021 0 Etisalat Misr, the Egyptian unit of UAE’s Etisalat Group, reported on Tuesday a 22 percent year-on-year growth in…