Search Site

Trends banner

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

GCC-UK Trade Summit 2021 to boost trade, investment

    • Virtual event promises to catalyze a new era of economic collaboration

    • Day-long summit will host discussions featuring high-profile investors from  KSA, Gulf, and top experts from the UK

    The longstanding ties between the UK and the Gulf Cooperation Council are set to receive a major fillip as the biggest names from the region’s business world meet with top experts and decision-makers at the GCC-UK Trade Summit 2021 on June 29 to discuss ways to boost bilateral trade and investment.

    The Gulf region accounts for as much as $50.8 billion out of the estimated $57.2 billion annual trade between the UK and the Middle East.

    Held virtually, the summit is the most important forum for businesses and investors from the GCC and the UK to exchange ideas and experiences, discuss investment opportunities, and forge strategic partnerships.

    The summit will put the spotlight on key topics of mutual interest including the ongoing economic diversification initiatives in the GCC, investing in the UK, emerging foreign investment opportunities spurred by large-scale tourism and infrastructure projects in the Gulf region.