Air Arabia profit falls

Revenue rises despite regional cost pressures

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

Double-digit growth for Middle East cities

  • Manama registered 51% growth in population between the years 2015 and 2021
  • Economic, social and political crises have impacted the overall growth of the Lebanese capital

Except Beirut, most Middle Eastern cities have grown in double digits in terms of population from 2015 until 2022.

Manama registered 51% growth in population – one of the most effective ways to ascertain overall growth. Dubai, meanwhile, recorded 42 percent growth in its population during the period.

Beirut is the only city with a single-digit growth as the city has been going through challenging times owing to economic, social and political crises exacerbated by 2020 explosion at the Beirut port in August 2020.