Results

IT & Telecommunications

stc H1 revenue soars to $10.7bn; profit up 5.3pc

Thu, 30 Jul 2026

Saudi Telecom Company (stc) has delivered solid H1 results recording a 3.8% jump in its revenue for the six-month period hitting SAR40.11 billion ($10.7 billion), while gross profit increased 5.3% to SAR19.64 billion ($5.1 billion), driven by growth across its telecom and digital businesses.

Finance & Capital Market

FAB delivers strong Q1 results, net profit at $1.36bn

Thu, 23 Apr 2026

First Abu Dhabi Bank (FAB), one of the world’s largest financial institutions, said its operating income increased by 6% yoy to AED9.34 billion ($2.54 billion) for the first quarter of 2026, while operating profit rose by 5% yoy to AED7.22 billion ($1.97 billion).

Finance & Capital Market

Mashreq posts 'exceptional' results; Net profit after tax hits $1.91bn

Mon, 02 Feb 2026

Mashreq, one of the leading financial institutions in the MENA region, has delivered exceptional results for the full year 2025, marked by transformational international expansion, record loan and deposit growth.