The EV manufacturer reported net profit of $.3.3bn for 9M 2025.
Total revenue increases by 6% to $3.7bn
Doha, Qatar - Doha Bank has successfully issued $500 million in international bonds, garnering a total order book of $2...The achievement follows an extensive marketing campaign by Doha Bank's management, engaging with investors globally to present the bank's objectives and performance overview
The positive response from investors reflects confidence in Doha Bank's future prospects and the robust fundamentals of the Qatari economy
Gulf companies benefit from supportive credit environments, ensuring resilience in 2024 despite global economic challenges and geopolitical risks, says a...Gulf companies benefit from supportive credit environments, ensuring resilience in 2024 despite global economic challenges and geopolitical risks, says a report.
GCC entities are poised to handle higher refinancing and interest costs through improved performance and non-oil growth, maintaining stable debt levels, it adds.
ROME, ITALY – The European country's data protection watchdog - Italian Data Protection Authority - said on Friday it has launched...The Italian Data Protection Authority said it was concerned over “the possible implications for the processing of personal data of users.”
The watchdog said OpenAI -- which also makes chatbot ChatGPT and the image-generating DALL-E -- has 20 days to provide information.
BERLIN, GERMANY – Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater...The joint effort aims to bring over 350 thousand additional tourists to Saudi over the course of the agreement.
The partnership is vital as it coincides with exceptional growth and transformation in the global tourism industry.
ABU DHABI, UAE – Abu Dhabi Commercial Bank (ADCB) has approved the Board of Directors proposal to distribute a cash...ADCB’s physical-cum-virtual 40th Annual General Assembly meeting approved the decision.
The Board of Director’s proposal means distributing cash dividend of $0.15 (AED0.56) per share.
The debut issue of the company is valued at US$300m.The company's listing sets a new standard as the first real estate benchmark USD-denominated sukuk from MENA in 2024
Nasdaq Dubai has maintained its position as a leading exchange for fixed income listings across the MENA region
The company’s 2023 annual revenue rises to US$1.2 billion.The group continued to implement its geographic expansion strategy with the launch of the PhysioTherabia rehabilitation network in Saudi Arabia.
It opened eight new centers in March 2024 in Riyadh, Jeddah, Dammam, Khobar, and Yanbu which significantly expanded its geographical reach.
- Saudi Arabia said it transferred an additional eight percent stake from oil giant Aramco to firms owned by the kingdom's...
The transfer was "a continuation of Saudi Arabia's long-term initiatives to boost and diversify the national economy and expand investment opportunities".
The move brings the state's ownership of Aramco shares to 82.19 percent.
- Nationwide has offered US$3.7 billion for Virgin Money.
Nationwide management believe the transaction will broaden and deepen its products and services faster than could be achieved organically.
The deal remains subject to due diligence and approvals from Virgin Money shareholders as well as Nationwide's borrowers and depositors.
Its net profit shot up to US$1.82bn as demand booms.The group reported a net profit of 1.67 billion euros ($1.82 billion), compared to 791 million euros in 2022
The profit was slightly below an estimate of about 1.8 billion euros by analysts surveyed by financial data firm FactSet
