Market downturns can be nerve-wracking, but for long-term investors, often present the best opportunities to buy high-quality stocks at discounted prices. While volatility might scare some traders away, savvy investors know that downturns can be the perfect time to build wealth. Two stocks that stand out as strong long-term buys during a market dip are…
India has issued a stark warning about the potential fallout from a long-running tax dispute with German automaker Volkswagen, cautioning that a victory for the company in the case could set a dangerous precedent with “catastrophic consequences” for the country’s taxation system. The $1.4 billion dispute, which stems from alleged unpaid duties, has become a…
Tamdeen Investment has reported a net profit of 767,086 Kuwaiti dinars for the fourth quarter of 2024, reflecting the company’s stable financial performance amid evolving market conditions. Alongside its earnings report, the company has declared a 50 fils dividend payout, reaffirming its commitment to rewarding shareholders. Steady Profitability Despite Market Challenges Tamdeen Investment’s latest financial…
Avalon Pharma has wrapped up a successful financial year, reporting a 21% jump in net profit for 2024. The impressive growth comes as the company continues to expand its market presence, optimize operations, and capitalize on rising demand for pharmaceutical products. Strong Sales Drive Profit Growth The pharmaceutical giant saw steady revenue growth throughout the…
Alandalus Property has reported a net loss for 2024 despite seeing an increase in revenue, marking a challenging year for the real estate company. Despite the setback, the firm has opted to maintain its dividend payout, reassuring investors about its long-term financial stability. Revenue Growth Fails to Offset Losses Alandalus Property saw a rise in…
Sadr Logistics has reported a significant improvement in its financial performance for the full year 2024, narrowing its net losses as revenue surged to 111.9 million riyals. The company’s latest earnings report reflects its strategic efforts to enhance operational efficiency, expand its logistics network, and capitalize on growing demand in the sector. Revenue Growth Signals…
Al-Babtain Power and Telecommunication has delivered an impressive financial performance for 2024, reporting an 88% surge in net profit. The sharp increase comes on the back of strong revenue growth, operational efficiencies, and increasing demand for power and telecommunications infrastructure. To further reward its investors, the company has also announced a dividend payout, reinforcing its…
Emirates Global Aluminium (EGA), the UAE-based aluminium giant, has announced plans to build the firstaluminiumm smelter in the United States in over three decades. The move is part of a broader $1.4 trillion global investment initiative aimed at strengthening industrial capacity and securing long-term growth in key markets. A Historic Move for the U.S. Aluminum…
GFH Financial Group has announced the buyback of 2.1 million treasury shares for $0.318 per share, signaling confidence in its stock and reinforcing its commitment to enhancing shareholder value. The move is part of the company’s broader strategy to optimize its capital structure and strengthen investor sentiment. A Strategic Move to Boost Shareholder Value The…
British Airways is steadily returning to full operations after a major power outage at London Heathrow Airport caused widespread flight disruptions, leaving thousands of passengers stranded. The airline faced cancellations and long delays as critical airport systems, including check-in, baggage handling, and flight scheduling, were affected by the sudden blackout. Passengers Stranded as Heathrow Chaos…