profitability

Omantel Group Records Robust Financial Performance with 28.7% Surge in Net Profit

Omantel Group, a major telecommunications player, reported a substantial 28.7% surge in net profit, reaching RO251mn for the first nine…

2 years ago

Morocco’s Ambitious Plans to Revitalize Tourism Sector Post-Earthquake

Ambitious goals and attractive incentives for investors mark Morocco's determined efforts to revitalize its tourism sector post-earthquake. With plans to…

2 years ago

BPI’s Vybe E-Wallet Emerges as a Game-Changer in the Philippine Banking Landscape

BPI, the Bank of the Philippine Islands, aims for exponential growth with the launch of Vybe, its innovative mobile wallet.…

2 years ago

Middle East’s Asset Management Industry Navigates Growth Challenges and Seeks New Avenues

The Middle East's asset management industry defies economic headwinds with $1.3 trillion in assets under management, marking a remarkable 7…

2 years ago

299 IPOs Raise $21.5 Billion in Global Markets in Q1-2023

The global markets witnessed as many as 299 Initial Public Offerings (IPOs) raising $21.5 billion in Q1-2023 owing to interest…

3 years ago

Exclusive: Grab to cut more costs amid economic chill

Grab Holdings Southeast Asia's biggest ride-hailing and food delivery firm, is cutting more costs to cope with an uncertain economic…

3 years ago

Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources

Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six…

3 years ago

NatWest shares plunge after warning on rising costs

NatWest's shares fell as much as 9% on Friday after the British bank warned of rising costs, and as its third-quarter…

3 years ago

Analysis: Cracks appear in Credit Suisse comeback plans

After months of reflecting, Credit Suisse's chairman Axel Lehmann revealed an overhaul "to rebuild Credit Suisse as a strong ...…

3 years ago

Exclusive: GE lays off workers at onshore wind unit as part of turnaround strategy

General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and…

3 years ago