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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Double-digit growth for Middle East cities

By TRENDS Desk
September 20, 2021 5:54 pm
  • Manama registered 51% growth in population between the years 2015 and 2021
  • Economic, social and political crises have impacted the overall growth of the Lebanese capital

Except Beirut, most Middle Eastern cities have grown in double digits in terms of population from 2015 until 2022.

Manama registered 51% growth in population – one of the most effective ways to ascertain overall growth. Dubai, meanwhile, recorded 42 percent growth in its population during the period.

Beirut is the only city with a single-digit growth as the city has been going through challenging times owing to economic, social and political crises exacerbated by 2020 explosion at the Beirut port in August 2020.

 

 

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