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Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

Oil prices rise following Red Sea attacks

Oil prices shot up three percent as more companies suspended shipping through the Red Sea following attacks on vessels by...

Q3 corporate earnings show mixed results in GCC

While the energy and commodity sectors faced declines due to falling prices, the banking and telecom sectors demonstrated remarkable resilience,...

Oil prices rise following Red Sea attacks

Oil prices shot up three percent as more companies suspended shipping through the Red Sea following attacks on vessels by...

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Marketwatch: Commodities see bumpy start to March

The Chinese government’s desire to avoid making the same mistakes other governments and central banks have made has driven inflation...

Global stocks mixed as markets await US jobs data

Wall Street rose but European stock markets fell as investors brace for US jobs data that they fear could prompt...

US, European stocks dip as traders mull US rates outlook

US and European stocks dipped as dealers fretted that the Federal Reserve would push interest rates higher than expected and...

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Gulf Common Market moves ahead with new tracks

New tracks have been launched in the Gulf common market to supplement the 10 current tracks. The bloc also seeks...
  • New tracks have been launched in the Gulf Common Market to supplement the 10 current tracks. The bloc also seeks collaboration with the private players in the region
  • The "third phase" of the statistical survey was also reviewed during the meeting to assess the implementation of the GCC Common Market plans on the ground

More firms set for listing on Qatar Stock Exchange

"The new listings will take place between March and April. Another group of companies will be listed in the venture...
  • New companies are about to be listed on Qatar Stock Exchange, including MEEZA and another start-up operating in the oil and gas services sector, says top official
  • The new listings will take place between March and April, adds Acting CEO of the QSE Abdulaziz Nasser Al Emadi on the sidelines of the listing of Dukhan Bank

London FTSE hits new record peak at open

LONDON, UK - The London stock market jumped to a record peak Tuesday in a positive open across Europe, after hefty...
  • The British capital's benchmark FTSE 100 index of top companies reached as high as 7,986.20 points.
  • In the eurozone, Frankfurt's DAX added 0.2 percent to 15,428.55 points and the Paris CAC 40 grew 0.3 percent to 7,231.64.