Major stock markets in the Gulf were mixed in early trade on Wednesday, as investors awaited earnings reports, while Abu Dhabi's index gained on results from First Abu Dhabi Bank.
The outlook change reflects a decrease in Borr’s contract backlog, which has reduced earnings visibility. Combined with Fitch’s lower through-the-cycle day rate assumptions, this has led to ...
Cheniere Energy, Inc. continues to invest in capacity expansion, which should see its revenue continue to grow. Learn more ...
Sweco reports a strong result for the third quarter. Net sales increased 5 per cent to SEK 7.1 billion. EBITA increased 19 per cent to SEK 702 million, and the EBITA margin improved to 9.8 per cent.
Zacks spotlights Mastercard, Netflix, Citigroup, Oil-Dri and Perma-Pipe for strong results, expansion moves and growth ...
Major Gulf stock markets edged up in early trade on Thursday after a U.S. rate cut, healthy local corporate earnings and a trade detente between U.S. and China, although worries that the progress ...
Netflix lifts its cash flow outlook, Mastercard expands via acquisitions, and Citigroup gains on strong NII and transformation progress.
In Abu Dhabi, the index advanced 1.1%, boosted by a 5.1% jump in the United Arab Emirates' biggest lender First Abu Dhabi ...
A weaker crude price environment is expected to put the industry’s generous shareholder payouts at serious risk over the coming months.
Saudi state oil giant Aramco has signed a joint development agreement with U.S. conglomerate Honeywell and King Abdullah University of Science and Technology (KAUST) of Saudi Arabia to co-develop a ...
The Saudi state-owned oil giant completed the acquisition of an additional 22.5 percent stake in the refining and petrochemical company from Sumitomo, which retains 15 percent, for $702 million. Image ...
The energy transition has failed to live up to its promise, and now the pendulum is swinging back to traditional energy, according to a statement by the chief executive of Saudi Aramco, quoted by ...