- The net profit increased by 32.74 percent compared to Q2, 2022.
Total income for the second quarter of 2023 was $86.83 million compared to $56.11 million for the second quarter of 2022, a rise of 54.7 percent.
Consolidated net profit for the second quarter was $32.75 million compared with $26.03 million in the second quarter of 2022, an increase of 25.8 percent.
- Ras Al Khaimah, UAE - The existing and upcoming waterfront and island developments in Ras Al Khaimah have witnessed a...
Apartments for sale in Al Hamra Village have recorded an increase of over 4% in average price-per-square-foot
With an excellent ROI of 11.61%, the apartments for sale in Yasmin Village offered the best rental yields
- The firm works to diversify its business operations.
The Shenzhen-based company has for several years been at the center of an intense tech standoff between China and the US.
Since 2019, sanctions have cut the company off from global supply chains that gave it access to US-made components and technologies.
- The company's insurance revenue reached $582 million.
Its underwriting profitability was robust with a combined ratio of 87.60% and a net insurance service profit of AED178.1 million.
Charalampos Mylonas, CEO of ADNIC, said the company was the first amongst our peers to implement IFRS 17 Insurance Contracts (IFRS 17) as of 1 Jan, 2023.
- Istanbul, Turkey - Turkey's exports to Saudi Arabia have skyrocketed by an astonishing 630 percent in the first seven months...
Data compiled by the Turkish Exporters Assembly (TIM) revealed that exports to the kingdom reached an impressive $1.25 billion
Saudi Arabia's move to invest in Turkey's central bank with a $5 billion deposit earlier this year has contributed to stabilizing Turkey's economy
- The Saudi commercial real estate market is set for a significant upswing in 2023, propelled by the government's vision to...
With the office market seen as the most lucrative and the luxury retail sector witnessing a surge, the Kingdom's real estate landscape is undergoing a transformative phase
The Saudi commercial real estate market is on the brink of a significant expansion in 2023, driven by the government's economic diversification efforts, suggest reports





















