Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

India Jewelry Exposition Center launches in Dubai

DUBAI, UAE -  The Gem and Jewelry Export Promotion Council (GJEPC) has launched a first-of-its-kind India Jewelry Exposition Center (IJEX)...

Dubai realty sales: Apartment in Marsa sold for $110m

88 plots of land sold for AED 620.22 million, and 1,135 apartments and villas were sold for AED 2.27 billion.
  • 88 plots of land sold for AED 620.22 million, and 1,135 apartments and villas were sold for AED 2.27 billion
  • The highest number of sales worth AED 66.09 million were recorded in Nad Al Shiba

Dubai to lower, waive off fees on govt services to boost growth

In order to give a fillip to economic activity in Dubai, its government will lower and in some cases completely...

Key to growth seizing $3trn tech opportunities: Saudi minister

Al-Ibrahim says Saudi Centre for the Fourth Industrial Revolution will lead the country’s endeavors in providing solutions to global challenges.

Elderly Israelis to receive third jab of Pfizer vaccine

Much before the US begins to administer a third jab of the Pfizer/Biontech Covid-19 vaccine, Israel will start to give...

Saudi Arabia to penalize trade in human trafficking

Saudi Arabia will criminalize and combat human trafficking through a set of actions and measures that ensure human dignity and...

Saudi FM reviews ties with French diplomat in Paris

The two top diplomats discussed issues concerning the Middle East, and the developments in the international arena. The meeting was...

26m Saudis receive vaccine against Covid so far

Saudi Arabia has vaccinated more than 26 million people against the coronavirus ever since the kingdom began to inoculate its...

Saudi Arabia opens seven mosques after sanitization

The kingdom reopened 1,909 mosques closed due to Covid-19 infections after cleaning measures during the past 173 days.  

Foreign investors help DFM post $10.56m net profit in H1

The net profit of the Dubai Financial Market hit AED 15.3 million in the second quarter of 2021 compared to...

Saudi Arabia to reopen to vaccinated tourists from Aug 1

The move comes after a 17-month closure due to the coronavirus pandemic. However, Riyadh did not announce any lifting of...

India Jewelry Exposition Center launches in Dubai

DUBAI, UAE -  The Gem and Jewelry Export Promotion Council (GJEPC) has launched a first-of-its-kind India Jewelry Exposition Center (IJEX)...

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Abu Dhabi’s Al Bateen Executive Airport reopens after upgrade

Al Bateen Executive Airport has reopened following the successful completion of a major refurbishment project which will allow the airport...

Raya CX, Zain Saudi sign pact

Raya CX will provide outsourcing services to Zain Saudi Arabia.

Saudi Re GWP hits $245 mn

The growth was propelled by a 166% growth in H1 2022.

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SEC’s profit fell to $1.9bn in H1

The Saudi utility firm's sales however surged to $8.80bn.
  • The company however made $8.80 billion in sales during the period, up from $8.53 billion in 2021, propelled by rising demand for electric power
  • The utility saw its shares lose 1.9 percent to SR26 in early trading

APICO posts 29% profit increase

It will proceed with an IPO of 20 percent of its capital on Nomu.
  • The plastic manufacturer reported an increase in revenue to $31 million during the year
  • The book-building period will be led by Yaqeen Capital and shall start on September 11 and end on September 13

WGES 2022 to promote investment tie-ups in green projects

The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well...
  • The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers
  • The UAE is the first country to develop the Green Key Performance Indicators focusing on three dimensions - environmental, economic and social - of sustainable development