Q1 2025 net profit before tax increased 18% YoY.
Washington, United States -- Global shipping giant DHL will "temporarily" suspend the shipping of parcels worth more than $800 from...
"I think large banks are properly supervised and therefore the risk that some people see, I don't see," Finance Minister..."To me, the reaction of yesterday was possibly an overreaction simply because the market is very edgy," the minister told AFP in an interview.
"It's panic, a little bit of panic. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market," said Saudi National Bank chairman Ammar AlKhudairy.
Doha, Qatar -- Qatar's Industrial Production Index (IPI) hit 103 points in Jan 2023, rising by 3.5 percent compared to...Issued by the Planning and Statistics Authority, the IPI is a short-term quantitative index that measures the growth of various industrial sectors in economy.
The key performing sectors under the index were mining (82.46 percent), manufacturing (15.85 percent), electricity (1.16 percent) and water (0.53 percent).
The firm's revenue rose 14 percent to nearly US$2.4 billion.Deliveroo exited Australia and the Netherlands in 2022, after departing from Spain in 2021.
The company expanded into Qatar last year as it pursues a growth plan of action in Middle East.
AMMAN, JORDAN - The Jordan Chamber of Commerce (JCC) took part in the fourth Arab-French Economic Summit 2023 in Paris....Jordan Chamber of Commerce spoke of closer ties with trade and commercial bodies in the European Union member states.
Topics like environment and water, industry, modern construction projects, food, nutrition, healthcare, banking, medicine, funds, climate were discussed.
The EBITDA increased by 31 percent to $5 billion.In a statement to WAM, DP World announced that revenue increased by AED23.31 billion in 2022, compared to 2021, supported by acquisitions and like-for-like revenue growth.
It added that cash generated from operating activities increased by 20.6 percent to a record AED16.34 billion in 2022, compared to AED13.55 billion in 2021.
The company also announced new dividend policy for 2023-25Similar to the previous policy, TAQA will continue to pay the fixed dividends on a quarterly basis.
The company expanded the size of its Board of Directors from nine to eleven and elected members for a three-year term.
The ultimatum to TikTok came from the US interagency board charged with assessing risks foreign investments represent to national security....Wall Street Journal and other US news outlets reported that the White House set an ultimatum: if TikTok remains a part of ByteDance, it will be banned in US
TikTok claims it has more than a billion users worldwide including over 100 million in the United States, where it has become a cultural force
- While many women still believe they are not adequately compensated, men, in contrast, have a different view, with many saying...
Nearly 38 percent of the Twitter poll respondents were female, while some 62 percent were male
Around 21 percent felt they needed support in taking on leadership roles at their current workplace
- In February 2021, Credit Suisse shares were worth 12.78 Swiss francs, but since then, the bank has endured a barrage...
Credit Suisse, hit by a series of scandals in recent years, saw its share price plummet Wednesday after the Saudi National Bank declined to inject more money into the group
In February 2021, Credit Suisse shares were worth 12.78 Swiss francs, but since then, the bank has endured a barrage of problems that have eaten away at its market value
- The impact of SVB failure on regional banks and corporates may remain limited due to the diversity of Gulf investment...
The impact of SVB failure on regional banks and corporates may remain limited due to the diversity of Gulf investment portfolios, Junaid Ansari of Kamco Invest tells TRENDS
The decline in regional indices reflects shaken investor sentiment in global markets, the volatility of interbank rates and uncertainty related to bankruptcy crisis, he adds
