The company's revenue grew 6.6 percent to $18.25 billion.
The ongoing fasting month brings traditional practices and modern shopping habits together, impacting market trends significantly in the Gulf region.
Credit facilities provided by national banks to the business and industrial sector rose 1.92 percent to US$3.5 billion (AED13.1 billion)...The cumulative balance of credit provided by national banks to the sector on a year-on-year basis grew by 2.14 percent.
Value of credit facilities extended by national banks to the sector accounted for 89.1% of gross accumulative credit balance.
Secretary-General of the Malaysian Foreign Ministry said Kuwait is an important partner in oil explorations sector, urging closer investment relations...Secretary-General, Malaysian Foreign Ministry says Kuwait is an important partner in oil explorations sector
The official urges closer investment relations between the two countries.
The bank's profit rises 28% to US$581 million in the first half.The bank witnessed double-digit income growth and high Operating Profit growth in major markets like the UAE, Pakistan, and Ghana
The bank’s operating profits has also increased to with US$581 million, a 28% increase in operating profit compared to last year
Equities in the GCC posted modest gains this week while concerns persist about surging global inflation and how central banks...First Abu Dhabi Bank's and the real estate sectors' declines contributed to the overall index's fall at the start and end of the week on the Abu Dhabi Securities Exchange
On the other hand, the banking sector helped the general index of the Dubai Stock Exchange recover from a 0.7 percent loss on Monday to end the week up 1.1 percent
- Real-time shopping platforms accessible via multiple channels and featuring high-definition live streaming as well as personalized services are boosting client...
Real-time shopping platforms accessible via multiple channels and featuring high-definition live streaming as well as personalized services are boosting client engagements
In the next three years, AI adoption in retail and consumer products will increase from 40 percent to more than 80 percent, according to the IBM Global Technology
Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic...Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic properties
The United Nations says honey plays a "vital role" in Yemen's economy, with 100,000 households dependent on it for their livelihoods
Qatar Electricity and Water Company (QEWC) said Raslaffan Operating Company WLL, a wholly-owned subsidiary of QEWC completed the purchase of...QEWC said that the completion of the purchase process came as a continuation of the statement issued by the company on January 4
On January 4, QEWC said Raslaffan Operating Company WLL has completed purchase of 40 percent of the share capital of Nebras Power
As people are freed from pandemic lifestyles that had them relying on the internet for shopping, playing, working and learning,...A crowded period of quarterly financial releases from the world's biggest tech firms has been marred by misses and uncertainty.
Recession fears, strong dollar, shrinking advertising budgets and inflation, headwinds coming from every direction at the moment.
Italian energy giant Eni said Friday that its profits sky-rocketed in the second quarter as energy prices soared in the...Eni said in a statement that bottom-line Q2 net profit increased 15-fold to $3.9 billion
For the whole of 2022, Eni confirmed it was aiming for operating profit of 'at least' $1.22 billion
Dubai’s real estate market recorded 8,897 sales transactions worth US$6.2 billion approx (AED22.75 billion), the highest volume of sales transactions...Dubai’s real estate market recorded 8,897 sales transactions worth US$6.2 billion
The transactions were the highest volume of sales transactions for June in the past nine years
