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BinDawood
AD Ports Group acquires CLI
CLI is Brazilian agri-bulk terminal operator.
$1.59bn Makkah project awarded
A consortium will develop two districts in the Holy City.
2PointZero posts profit surge
Growth driven by merger consolidation.
Mashreq Q1 profit rises
Total revenue increased 10% year-on-year.
TECOM profit climbs
High occupancy across assets boosts earnings.
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Google inks multi-year AI infrastructure pact with SpaceX
US expands Iran sanctions as pressure campaign intensifies
Global travel firms reaffirm confidence in UAE tourism growth
Oil steadies while gold and bitcoin extend weekly losses
Energy costs push OECD inflation to highest level this year
Hezbollah dismisses US-brokered truce, insists on comprehensive ceasefire
UAE property market draws global investors despite regional conflict
Fragmenting world economy raises costs beyond geopolitical rivals
ChatGPT surpasses 1 billion monthly active users in May
Trump says deal to end Iran conflict could be reached soon
BinDawood’s H1 profit tumbles
Largest Saudi retailer posts a 31% dip in H1 profit to $28.80m.
BinDawood’s net profit down 50 percent for Q2
Taking a direct hit from the Covid restrictions, BinDawood, the Saudi supermarket retailer, has reported a 50 percent dip in net profit to $25.33 million for the second quarter of this fiscal.