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ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

  • Card transactions drive 8 percent Saudi spending growth in Nov

    Riyadh, Saudi Arabia --Consumer spending in Saudi Arabia grew by 8 percent to SAR 111.5 billion ($29.73 billion) in November 2023 from nearly SAR 103.3 billion during the same month a year earlier, according to the Saudi Central Bank's (SAMA) monthly bulletin.Consumer spending includes total cash withdrawals, point-of-sale (POS) transactions,...

  • Saudi consumer spending up 4 percent in October: SAMA

    Riyadh, Saudi Arabia -- Consumer spending in Saudi Arabia increased 4 percent to SAR 110 billion ($29.32 billion) in October, from nearly SAR 105.3 billion during the same month last year, according to the Saudi Central Bank's (SAMA) monthly bulletin. Consumer spending includes total cash withdrawals, point-of-sale (POS) transactions and e-commerce...

  • Egypt’s central bank cancels maximum cash deposit limit in banks

    During the COVID-19 crisis, the bank set a maximum limit of cash deposits as part of measures to face its global economic impact.

  • Unified financial network set to boost Gulf economies

    GCC countries are accelerating economic integration by activating the financial links between companies, banks, and stores to make life smoother for citizens and residents.

  • Eazy, Discover partner to expand card acceptance

    Discover and Diners Club International and network alliance cardholders can use cards at all ATMs in Bahrain Eazy Financial's upcoming First National cards customers can access Discover Global Network A recent tie-up between Eazy Financial Services and Discover is expected to enable Discover and Diners Club International and network alliance...