GCC central banks align rates with US Fed Reserve
The regional apex banks -- including the CBUAE, SAMA, CBB, and QCB -- have raised rates by 25bps in response to the US Fed's decision to increase its benchmark lending rate.
key policy interest rate
TAQA secures $2.31bn loan
It will be utilized in a phased manner.
Aramco signs $11bn deal
The deal involves its Jafurah gas facilities.
TAQA H1 net income $1bn
The group's revenue reached $7.73 billion.
ADNOC L&S H1 net profit $420m
The company’s revenue reached $2.43bn
SEC H1 net profit $1.67bn
Revenue grew by 24% to $7.38 billion.
