All posts tagged "financial results"
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InfrastructureTabreed sees net profit increase by 13% in Q3 2020
UAE-based National Central Cooling Company (Tabreed) has maintained a strong performance in a challenging environment amid COVID-19 and was able to outperform...
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MachineryChinese demand boost as Doosan Infracore reports increase in global sales in Q3
Doosan Infracore has revealed a 4% increase in year-on-year sales figures in its financial results for the third quarter this year, reporting...
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MachineryGenie Q3 results provide silver lining
Genie, the Terex AWP brand, has reported a 3% operating margin in its third quarter results for the year, which the company...
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PropertySobha Realty witnesses surge in international investors in Q3
Dubai-based real estate developer, Sobha Realty, announced that it has registered a successful third quarter, and has recorded a significant increase in...
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MachineryVolvo CE posts improved results for third quarter
Volvo CE has announced an overall improvement in third quarter of this year, with sales, orders and machine deliveries all on the...
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PropertyDubai’s Union Properties registers $139m net profit for Q3 2020
Union Properties, a leading real estate development group based in Dubai with a portfolio of diversified subsidiaries, has said that it has...
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ConstructionDubai’s Union Properties to sell 40% stake in Dubai Autodrome for $108.8mn
Union Properties, the Dubai-based property developer, has announced that it has won approval from its board of directors to sell a 40%...
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ConstructionArabtec Holding to file for bankruptcy, claim reports
Arabtec Holding, the largest construction group in the region, will file for bankruptcy following a shareholder vote held during yesterday's general assembly...
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ConsultantKuwait’s Markaz announces sale of key US commercial property
Kuwait Financial Centre (Markaz) has announced the sale of its key commercial property, Longley Commerce Centre in Reno, Nevada, through its US...
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ConsultantMajid Al Futtaim sees revenue drop 3% to $4.70bn in H1 2020
Majid Al Futtaim, the UAE-based shopping mall, communities and retail and leisure developer operating across the Middle East, Africa and Asia, has...