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…
March 2025 was a tough month for India’s stock market, with foreign investors pulling out a significant amount of funds. The IT sector, traditionally a major favorite among foreign portfolio investors (FPIs), saw the highest outflows, with a massive Rs 6,934 crore being withdrawn. This marks a sharp shift in how investors are viewing the…
It’s shaping up to be an eventful week for Indian stock markets, and investors should be prepared for some twists and turns. Several factors—including the F&O expiry, ongoing global trade tensions, foreign investor activity, and economic cues from around the world—will play a big role in shaping market movements. If you’re watching the markets closely,…
Next week, investors looking for some extra cash in their portfolios should keep an eye on several well-known companies that will be going ex-dividend. Among them are TVS Motor, REC Limited, and a few other household names, all offering dividend payouts to their shareholders. If you’re wondering how this affects you, it’s important to understand…
Apple Inc. (AAPL) continues to dominate the tech landscape, with strong earnings and consistent growth. However, institutional investors have recently made significant adjustments to their holdings in the company, amidst a flurry of analyst upgrades and a notable dividend payout. These moves have sparked discussion about the company’s prospects and the strategic decisions being made…
Bajaj Finance’s share price rocketed to a new 52-week high on Wednesday, March 21, jumping more than 4% to Rs 9,089 per share on the NSE. The company’s share price has risen in response to the important announcement of a leadership transition and other suitable events. The rally might be attributed to the shift of…