Logistics (MENA) 
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AI + Innovation (MENA) 
Gulfnav’s bottomline up 62% y-o-y to AED 6.8 mn + completes capital increase via sukuk issuance
The company completed an AED 200 mn capital increase through a sukuk issuance a few days ago
Nakilat’s bottomline up 4.8% y-o-y in 3Q 2023 on the back of solid performance from LNG and LPG JVs
The company’s revenues also rose 6.5% y-o-y on the back of robust earnings from LNG, LPG and shipyard JVs
DP World’s net income falls in 1H 2023 amid weak market conditions
The company saw its revenues rise 13.9% y-o-y on the back of the consolidation of its African subsidiary Imperial Logistics
AD Ports records marginal growth in net income in 2Q 2023
The company benefited from new company and terminal acquisitions, though had muted bottomline growth due to related debt and costs…
Agility reports 11.7% y-o-y drop in net income in 2Q 2023 due to expansion-related debt
The company’s bottomline fell due to additional debt incurred to finance its acquisitions
Aramex sees net income fall 57% y-o-y in the face of economic headwinds
The company attributes its losses to FX volatility in some of its markets and a global downturn in shipping volumes
Jazeera Airways records a bump to its bottomline amid travel recovery during 1H 2023
The airline reported record figures for passenger and aircraft traffic amid a rebound in travel
Qatar’s Milaha sees marginal bottomline growth in 1H 2023 amid falling container rates
The company sees container rates remaining stable for the remainder of the year
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