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

Ajman real estate transactions reach $930 million in first quarter

Ajman, UAE - Total real estate transactions in Ajman in the first quarter (Q1) of 2023 totaled AED3.4 billion ($930...

Standard Chartered appoints CEO for Saadiq

Khurram Hilal brings over 20 years of Islamic banking experience to the CEO position.

Private Israeli malware used to spy on journalists, activists, politicians

The use of the software, called Pegasus and developed by Israel's NSO group, was reported on by the Washington Post,...

Doha: Afghan gov’t, Taliban to meet again after inconclusive talks

Senior representatives of the Kabul government including head of the High Council for National Reconciliation Abdullah Abdullah flew in for...

Halliburton wins chemicals services contract in Oman

Halliburton has signed a contract to provide production chemicals and associated services for a large international oil company in Oman

Bahrain to spend $324 million to build over 1,300 flats in Salman City

Bahrain plans to build a total of 1,382 flats on Island 12 of Salman City at a cost of BD123...

NBF declares net profit growth of 17.1% in half-year results

National Bank of Fujairah has posted a net profit of AED 76.2 million ($20.75 million) for the first half of...

Deadlock ends: Top oil producers agree on modest output boost

The OPEC+ meeting on Sunday agreed to raise output by 400,000 barrels per day (bpd) each month from August to...

Ipsen expands into MEA with UAE headquarters

The French pharmaceutical firm has inaugurated its new regional headquarters in Dubai.

Versace opens new boutique at Galleria Al Maryah Island

Versace has opened a boutique at the Galleria Al Maryah Island, where it will showcase the Pre-Fall 2021 collection

Audi Middle East H1 sales rise 37%

Audi Middle East has posted a 37% increase in sales in the first half of 2021.

Ajman real estate transactions reach $930 million in first quarter

Ajman, UAE - Total real estate transactions in Ajman in the first quarter (Q1) of 2023 totaled AED3.4 billion ($930...

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Qatar launches public consultation about National Blockchain Blueprint

The blueprint establishes the frame for blockchain at the national level and identifies its key elements; innovation and creativity.

ACWA Power to sign $2.4bn wind power project deal in Uzbekistan

ACWA Power Company will join hands with Uzbekistan in order to enter into  a $2.4 billion deal for a 1,500-megawatt...

Dallah reports 52% profit rise

The healthcare company saw its profit vault to $40m in H1.

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Qassim Cement’s profit tumbles

The Saudi firm posted a 73% fall in profit to $14m in H1.
  • Following the news of financial results, the company stock tumbled 2.45 percent at the end of Tuesday's closing
  • Its revenue also declined by 30 percent during the first half to stand at $78.66 million

UAE busy in strengthening its food security system

The UAE is strengthening its food security system through policies that include promoting cooperation with other countries and markets, diversifying...
  • The UAE is strengthening its food security system through policies that include promoting cooperation with other countries and markets.
  • The policies include diversifying sources, attracting local and foreign agricultural investment.

Dubai has comprehensive plans to ensure food security: Crown Prince

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum was on a tour of Bustanica, the world’s largest vertical farm that...
  • The Dubai Food Security Committee constantly reviews current opportunities and challenges within the national food security strategy framework, he said.
  • The crown prince said Dubai will continue pursuing ways to strengthen the emirate’s resilience and food sustainability irrespective of the global environment.