Latest stories about shareholder value

TECOM profit soars as revenue jumps to record $462mn for FY2024

Dubai's TECOM Group has reported a 23% rise in net profit, driven by record revenues of $462mn for FY2024 and high demand.

Saudi telco STC beats expectations, boosts dividends

Saudi Telecom's net profit has dipped but has also outperformed expectations, while revenue grew and annual dividends surged, reflecting strategic investor confidence.

Alpha Dhabi’s strategic investments drive $2.04bn Q3 profit surge

Alpha Dhabi reports a record-breaking 83% profit surge in Q3 2024, driven by industrial and real estate investments; strategic acquisitions since 2022 fuel ongoing growth.

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Pakistan and Qatar deepen security ties as fragile US-Iran peace push gains ground

Interior Minister Mohsin Naqvi and his Qatari counterpart agreed to deepen security cooperation in Doha this week, as Pakistan and Qatar push behind the scenes to salvage the Islamabad MoU and bring Washington and Tehran back to the table.

Kuwait ratifies defense pact with Pakistan

Kuwait's Amir has formally ratified the defence cooperation agreement with Pakistan by decree, published in the official gazette. The agreement covers training, logistics, military intelligence, defence industries and a joint military committee.

India’s playbook for dissent has run out of pages

A Chief Justice called unemployed youth cockroaches. An exam sat by 22 lakh students was leaked, and some of them killed themselves. India's government waited, then delegitimised, then used force, then blamed Pakistan. Each step has failed.

Security forces launch Mastung operation, 15 terrorists killed

Security forces launched Operation Al Azm in Mastung's Tehsil Khad Kucha, killing 15 terrorists and wounding 12, according to security sources. Eight suspects were detained, one hideout destroyed and a large cache of weapons seized. No casualties were reported among security forces.

Pakistan backs Saudi Arabia after Houthi attacks on Red Sea oil tankers

Prime Minister Shehbaz Sharif has condemned Houthi attacks on Saudi oil tankers and reaffirmed Pakistan's full support for the Kingdom during a call with Crown Prince Mohammed bin Salman. Both leaders pledged closer cooperation to protect regional stability and vital maritime trade routes.