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

Iraq makes arrests in deadly Baghdad-area bombing claimed by Islamic State group

The prime minister Kadhemi did not specify the number of people arrested, but a source at the interior ministry said...

Saudi Arabia has invested $650 million in Bahrain road sector

Saudi Arabia has invested around $650 million in the road sector of Bahrain through the Saudi Fund for Development

Dusit debuts in Oman with 252-unit deluxe resort

The dusitD2 Naseem Resort is the first Dusit-branded hotel in Oman 's Jabal Akhdar.

Africa Oil Week temporarily moved to Dubai for 2021 edition

The Hyve Group will shift Africa Oil Week 2021 to Dubai from the usual venue of Cape Town in South...

Samana expands sales team with new GM

Samana also increases its sales workforce by 55% and doubles its sales revenue in 2021.

US promises another $155-million humanitarian aid to Iraq

The additional funding from the State Department and the USAID is meant to help “the people of Iraq as well...

Continued donor support to Jordan critical for reform: IMF

King Abdullah II of Jordan and the IMF official discuss global and regional developments and the efforts of the Kingdom...

NSO Group of Israel ‘complicit’ in rights abuse, says Amnesty

Israel has started a probe into the Tel Aviv-headquartered NSO Group, even as the company itself says it will investigate...

Abu Dhabi Crown Prince, Israeli PM review ways to boost relations

The leaders of the two states also discuss regional and international issues of common interest and efforts to achieve peace...

Tunisia hit by a record number of Covid deaths as 317 perish

The North African country struggles to cope with the surge as hospitals fill up and vaccination can't keep up pace

UAE delegation explores investment opportunities in US

“The United States is a long-standing trade and investment partner for the UAE – and an important ally in the...

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Asia Cup 2022 trophy unveiled in Abu Dhabi

The Asian Cricket Council’s marquee event returns after a four-year interval with the 2022 edition of the Men’s Asia Cup.

Widam Food signs $27mn pact with Egypt’s Frigo

The company, in a statement, said it exported two meat shipments to Egypt in March and July.

US names seasoned diplomat as new envoy to Kuwait

The White House said that Sasahara is a career member of the Senior Foreign Service with the rank of Minister-Counselor...

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QFB completes rights issue

It issued 420,000,000 shares in order to raise capital of $307m.
  • Its net profit shot up  2.55 percent to $11.53 million in the first half of this year, compared to $11.23 million in the same period last year
  • In 2019, the bank had reduced the capital by 65 percent from $549 million to $192 million to extinguish consolidated losses of $357 million

Qatar’s oil and gas revenues rise 67% in H1 of 2022

Data released from the Ministry of Finance showed that oil and gas revenues increased to $32 billion, compared to $19...
  • Data released from the Ministry of Finance showed that oil and gas revenues increased to $32 billion, compared to $19 billion in the first half of 2021
  • Total revenues achieved, during the first half of this year, reached $41 billion, with $23 billion coming in the second quarter

GMC, Fix Network sign agreement

Twelve new service and collision repair centers will be set up in Saudi.
  • The new partnership will launch with six collision centers and six quick service centers spread across KSA.
  • The collision repair services will be known as Fix Auto Collision, while the mechanical service and repair centers will be called Fix Auto Service.