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All-time highs for US stocks in late trading on Tuesday

by Chief editor of world-today-news.com August 13, 2024
written by Chief editor of world-today-news.com

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2024-08-13 20:09:43
#Alltime #highs #stocks #late #trading #Tuesday

August 13, 2024 0 comments
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News

Fakeeh Medical’s profits rise to 42.86 million Saudis in the second quarter of 2024

by Chief editor of world-today-news.com August 8, 2024
written by Chief editor of world-today-news.com

Riyadh – Mubasher: The results of Dr. Sulaiman Abdul Qader Fakeeh Hospital Company (Fakeeh Medical) in the second quarter of 2024 revealed an increase in net profits by 11.04% compared to the same quarter in 2023..

According to the company’s data on the Tadawul website today, Thursday, net profit rose to 42.86 million rubles in the second quarter of this year, compared to profits up to 38.6 million rubles for the same period last year..

The company explained that the increase in net profit came despite the presence of non-recurring financing income of 12.9 million pounds in the second quarter of 2023. By adjusting this non-recurring item, the group’s net profits will register a growth of 66.9%. According to the significant growth in revenue and better operating profit during this period. The group’s net profit margin increased to 6.6% compared to the adjusted Q2 2023 margin of 4.7%.

Quarterly, the company’s profits decreased by 29.4%, reaching approximately 60.7 million.

The company’s revenue increased by around 20% in the second quarter of this year to reach 654.04 million rupees, compared to 545.67 million rupees in the comparable quarter of last year, and the revenue came his income to about 680.33 million rubles in the first quarter of this year. , declining by approximately 3.86 million rubles.%.

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Nominations:

Saudi banks will achieve the highest quarterly profits in their history in the second quarter of 2024

Energy sector profits fall to 108.9 billion rupees in second quarter under pressure from Aramco and Petro Rabigh

“Goal: Supporting the employment of 153,000 Saudis in the private sector in the first half of 2024

2024-08-08 05:32:27
#Fakeeh #Medicals #profits #rise #million #Saudis #quarter

August 8, 2024 0 comments
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Business

Ras Al Khaimah Properties’ half-term profits rise to 89 million dirhams

by Chief editor of world-today-news.com August 8, 2024
written by Chief editor of world-today-news.com

Abu Dhabi – Mubasher: Profits increased Ras Al Khaimah Real Estate Company Listed on the Abu Dhabi Securities Market, before the end of the first half of this year, at a rate of 1 percent annually.

The company explained in a recent disclosure to the stock exchange that it received a net profit of 89 million dirhams in the first half of the year 2024, compared to a net profit of 88 million dirhams in the corresponding period of 2023.

The company’s revenue in the first half of this year reached 610 million dirhams, a growth of 19 percent, compared to 512 million dirhams in the corresponding period last year..

The company’s profits in the first half before taxes came to 98 million dirhams, and the company’s total assets reached 7.79 billion dirhams, compared to 6.46 billion dirhams.

It is known as profits Ras Al Khaimah Real Estate Companylisted on the Abu Dhabi Securities Market, in the first quarter of 2024 with 7 percent annually..

The company achieved a profit in the first three months of 2024 of 41.4 million dirhams, compared to profits of 44.6 million dirhams in the same period in 2023..

A company release mentioned the decline in profits due to recording an income tax expense of 4.1 million dirhams in the first quarter of 2024, compared to nothing in the same period of the previous year..

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Nominations:

Ras Al Khaimah Properties profits jump 282% in 9 months

2024-08-08 05:25:35
#Ras #Khaimah #Properties #halfterm #profits #rise #million #dirhams

August 8, 2024 0 comments
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Business

SABIC Diet: The worldwide fertilizer market is anticipated to get better within the third quarter

by Chief editor of world-today-news.com July 28, 2024
written by Chief editor of world-today-news.com

Riyadh – Mubasher: SABIC Agricultural Vitamins Firm mentioned “SABIC Diet”The worldwide fertilizer market confronted main provide challenges within the second quarter of 2024. Disruptions in African fuel provides to fertilizer producers in Egypt and Nigeria, in addition to a number of unplanned outages from main producers in Southeast Asia, have create a constrained provide atmosphere.

SABIC Vitamins, in a press release as we speak, Sunday, concurrently its monetary and working outcomes for the second quarter, mentioned that there was a delay in loading and the official Chinese language authorities ban on exports, which was towards the earlier expectations for the resumption of exports, have led to extra stress in the marketplace. Pushed by seasonal wants.

Seeking to the third quarter of 2024, SABIC Vitamins mentioned demand is anticipated to be sturdy resulting from seasonal tendencies in South America and the Indian subcontinent. Signaling that world provide is anticipated to enhance and that producers will enhance in fixing manufacturing challenges and fuel constraints, nevertheless, China is anticipated to renew exports in direction of the top of the third quarter. Which might preserve value stability within the third quarter.

SABIC Diet acquired a web revenue of 705 million rubles ($188 million) or 1.48 Saudi riyals per share) within the second quarter of 2024, which is 8% increased than the online earnings of 651 million rupees ($174 million) or 1.37 rupees per share in the identical quarter of the yr 2023.

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Nominations:

Telecoms make £4 billion revenue in second quarter…81% for STC“

Aramco is the costliest model within the Center East with $41.6 billion…and ADNOC in second place.

China’s Baosteel will double its investments within the metal manufacturing plant in Saudi Arabia to 1 billion {dollars}

The Ministry of the Metropolis and Housing raises help for employment earnings as much as 50% in collaboration with “Hadaf”

2024-07-28 11:22:29
#SABIC #Diet #world #fertilizer #market #anticipated #get better #quarter

July 28, 2024 0 comments
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Business

Emirati shares “Du” rose 1.7% after optimistic enterprise outcomes

by Chief editor of world-today-news.com July 23, 2024
written by Chief editor of world-today-news.com

Dubai – Mubasher: Shares rose “two” By greater than 1.7% throughout buying and selling on Tuesday, after the corporate that gives telecommunications providers within the Emirates introduced that it was reaching a 54% development in web income within the first half of this yr.

The inventory listed on the Dubai Monetary Market rose to six.09 dirhams at 11:56 am UAE time.

Emirates Built-in Telecommunications Firm “du” web income jumped 54% within the first half, reaching 1.18 billion dirhams, in comparison with income of 767.68 million dirhams within the corresponding interval of 2023.

The corporate’s income elevated by 6% to 7.17 billion dirhams within the first half, in comparison with 6.78 billion dirhams within the corresponding interval of 2023.

Internet income within the second quarter of 2024 elevated by 46%, reaching 581 million dirhams.

The corporate’s income within the second quarter additionally elevated by 7.3%, registering 3.59 billion dirhams.

The cell subscriber base grew by 2.9% year-on-year to succeed in 8.2 million subscribers, whereas the cell subscriber base noticed a slight decline over the second quarter of the yr as a pure results of the consequences of seasonal.

The client section for postpaid providers grew by 11.3% yearly to succeed in 1.7 million subscribers, which reveals the attractiveness of the communication options and progressive applied sciences offered by the corporate to its clients. their institutional purchases, in addition to the celebrated merchandise designated for particular person clients. , such because the “sensible automotive” package deal options from du.

The client section for pay as you go providers additionally grew by 0.9% to six.5 million subscribers, as the expansion in demand for knowledge packages and name affords was partially offset by the return of vacationer circulate to regular.

The mounted line buyer base recorded a robust development of 12.7% yr on yr to succeed in 630,000 subscribers, with web new subscribers registered within the second quarter of the yr by 15,000 subscribers.

This development is basically because of the continued success achieved by house wi-fi service packages, which had been enhanced with new engaging affords to clients corresponding to “Wi-fi Dwelling Video games”.

Enterprise communications options and applied sciences additionally recorded robust efficiency within the second quarter of the yr.

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Nominations:

Emirati “Du” income rise 63% within the first quarter of 2024

2024-07-23 08:06:39
#Emirati #shares #rose #optimistic #enterprise #outcomes

July 23, 2024 0 comments
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Business

Development in China is dragging down oil costs in late buying and selling on Tuesday

by Chief editor of world-today-news.com July 16, 2024
written by Chief editor of world-today-news.com

Simply: Oil futures costs fell in late buying and selling on Tuesday, with markets weighing the outlook for world demand, as a result of IMF’s expectations that financial progress in China and India will decide up. slowed to five% and seven% this 12 months from 5.2% and eight.2% respectively.

Brent crude futures for September supply fell 1.3%, or $1.12, to $83.73 a barrel.

Whereas US Nymex crude for August supply fell 1.4%, or $1.15, to register $80.76 a barrel.

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Nominations:

Statistics Authority: Inflation fee in Saudi Arabia will sluggish to 1.5% in June 2024

Central Financial institution launches authorities banking companies platform “Naqd”

The Public Funding Fund hires 3 banks to handle the IPO of “Nubco”

2024-07-16 19:20:16
#Development #China #dragging #oil #costs #late #buying and selling #Tuesday

July 16, 2024 0 comments
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