du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

  • Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on...

    Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on year.

    Riyadh and Jeddah likely to witness a 25 percent and 36 percent increase in total office supply in the next three years.

  • The fatalities have taken place in two different incidents in the country where fuel is scarce due to an ongoing...

    In one case, two people were killed in a brawl in the Lebanese city of Tripoli

    In the second instance, a youngster was shot dead at a gas station in a village

  • Trader License enables freelancers and start-ups to conduct businesses online and across social networking accounts.

    Trader License enables freelancers and start-ups to conduct businesses online and across social networking accounts.

    Males account for 63 percent of the licenses issued and IT tops the list of activities.

  • The project, Saudi Arabia's first, is being developed by leading renewable energy companies EDF Renewable and Masdar.

    The project, Saudi Arabia's first, is being developed by EDF Renewable and Masdar.

    On completion, the farm will power about 70,000 Saudi households.

  • Higher oil prices and a recovery in demand, easing of COVID-19 curbs, vaccination campaigns, stimulus measures, and accelerating activity in...

    The company announces a dividend of $18.8 billion.

    Higher oil prices and a recovery in worldwide demand, easing of travel restrictions drive the rise in income.

  • Arabica coffee on the ICE Futures US exchange has doubled in price over the last 12 months

    The Covid-19 which caused shipping logjams has also contributed to cost escalation by pushing the freight costs to record levels

    Arabica coffee on the ICE Futures US exchange has doubled in price over the last 12 months

  • Authorities in the ministry responsible for coordinating foreign pilgrims will from Monday begin "gradually receiving Umrah requests from various countries...

    Before Sunday's announcement, only immunised pilgrims resident in Saudi Arabia were eligible for umrah permits

    The umrah is a pilgrimage that can be undertaken at any time -- distinct from the hajj, which takes place once annually

  • Sukuk has remained an attractive instrument and the positive growth trajectory has continued during the first half of 2021

    The report said that as of December 2020, over 90 percent of the $648 billion Sukuk outstanding globally were issued from markets like Malaysia, UAE and the others

    Sukuk has remained an attractive instrument and the positive growth trajectory has continued during the first half of 2021

  • Iraq is confident about securing a $4 billion dollar loan from the International Monetary Fund (IMF) after it restarted talks...

    International Monetary Fund and Baghdad opened talks last year amid the pandemic as demand shock sent oil prices tumbling

    Iraq also expected to sign agreement with French oil and gas company before current government’s term ends

  • Slight drop in headline seasonally adjusted PMI in July points to minor deterioration in the health of the non-oil sector.

    Slight drop in headline seasonally adjusted Purchasing Managers’ Index in July points to minor deterioration in the health of the non-oil sector.

    Influence of rising raw material prices, fuel costs, wages n cost pressures down in July, says IHS Markit survey.