ADNOC Distribution net profit increases by 4.2% to AED 2.22 billion in 2019
Board recommended dividend of AED 1.194 billion (9.55 fils per share) for the second half of 2019, taking full-year 2019 dividend to AED 2.39 billion (19.10 fils per share), a 62% increase over the previous year
Kuwait's Agility posts net profit rise despite 'challenging conditions'
Logistics major Agility says Q3 net profit rises by 8.4%, driven by its infrastructure portfolio of companies
Logistics services drive Bahri profit growth for Q3
Bahri’s third-quarter net profit jumps 81% driven by logistics services sector growth
Uber shares slide after posting quarterly loss of $5.2bn
San Francisco company reports huge losses despite revenue growing 14% to $3.2bn
Kuwait's Agility sees rise in Q2 profit despite 'tough environment'
Kuwait-based logistics giant reports 7.7% increase in revenue during second quarter of 2019
Dubai's Aramex sees Q2 net profit rise on e-commerce growth
Aramex says strong demand from e-commerce continues to spur growth in volumes
Logistics and aviation contracts boost Transguard’s profits
The profit results for the year were driven by its logistics and aviation services, with these sectors seeing revenue growth of 13% and workforce growth of 16%.
Bahri reports 46% jump in first-quarter 2019 net profit
Total revenue for the quarter under review stood at SAR 1.7 billion, as compared to SAR 1.45 billion in the year-ago period.
Bahri reports revenue growth of 24% in fourth-quarter of 2018
The company’s sustained efforts to enhance its maritime capabilities and offerings and the better performance of its five business units helped report solid results in 2018, said Abdullah Aldubaikhi, CEO, Bahri
Leaner, more e-com focused Aramex sees Q3 net profit grow 38%
Bashar Obeid, chief executive officer of Aramex, said the results were a product of ongoing growth in e-commerce demand in the region, as well as internal efforts to cut operational costs.
DP World diversification push pays off in H1 2018 results
The revenue growth was driven by containerised volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC (Drydocks), Dubai Maritime City (DMC) and Cosmos Agencia Marítima (CAM), the company said in a statement.

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