#Profitability

FAB’s Q3 2023 profit surges by 48% on revenue boost

FAB’s Q3 2023 profit surges by 48% on revenue boost

The banking group’s operating income reached Dhs7bn in Q3 2023, a 27 per cent YoY increase compared to Dhs5.5bn in the third quarter of 2022

IATA global airlines

Global airline profit to reach $9.8bn in 2023: IATA

The industry’s operating profit will reach $22.4bn this year, more than the December forecast of $3.2bn

Mercedes

Mercedes to swing to top-end models in luxury-car profit race

Mercedes sees top-end vehicle sales increasing by 60 per cent by 2026, a jump that would help push its operating margin to around 14 per cent by mid-decade

Women in business: How diverse perspectives deliver greater profitability

Strong leadership has nothing to do with gender, feminism or politics – and everything to do with outperforming on both profitability and value creation

Dubai’s Emirates will ‘go profitable’ during 2022-23

Meanwhile, six more airlines, including Abu Dhabi’s Etihad Airways, will implement the IATA Travel Pass

Outlook 2021: Challenging outlook offers varied picture for GCC banks

The GCC governments’ measures to help corporates and individuals navigate the challenging environment have taken various forms