Its profit declined to $69.6m in the first nine months of 2022.

Almaty, Kazakhstan—Kazakhstan's anti-corruption agency said Wednesday it had seized jewels worth more than $230 million, in a case involving the nephew of ex-leader Nursultan Nazarbayev. "As a result of operational-search activities, exclusive gems and precious stones worth 230 million US dollars" were seized, the agency said in a statement. The agency...

The telecom company's net profit vaulted to $680.5m in Q3.

It posted $863.17m in revenues for the first nine months of 2022.

Riyadh, Saudi Arabia— Egypt's Sovereign Fund has accumulated assets worth $621-660 million as it seeks to double it by the same size next year. The CEO of the fund, Ayman Soliman, said that the issued capital of the fund has been fully covered at $5 billion. The fund's financing sources,...

Dubai school operator plans to expand its network.

It recorded $173m profit in the first nine months of 2022.

It recorded the profit at $256m in the first nine months of 2022.

International Holding Company (IHC) has scaled up its IT business, making deals to the tune of $272 million in the first ten months of 2022. It is part of the company's long-term strategy to grow its capacity in the tech industry across different sectors.

It received a dividend of $553m from its subsidiary, EMPOWER.

The UAE has signed agreements to the tune of $70.8 million with medical companies to manufacture medical equipment at home.

Its profit shot up to $191m in first nine months of 2022.

The profit touched $931m in the first nine months of 2022.

It recorded a 37% increase in net profit to $800m.

It reported $783m profit in the first nine months of the year.

The stock rose after the transfer of its subsidiary to the PIF.

Paris, France— Russia's invasion of Ukraine and the resulting economic fallout have thrown four million children into poverty across eastern Europe and Central Asia, the UN children's agency said Monday. "Children are bearing the heaviest burden of the economic crisis caused by the war in Ukraine," UNICEF said. The conflict "and...

The Saudi developer will offer 20% of its shares on Nomu.

Continuing with the kingdom's role to support "everything that will contribute to de-escalation," Saudi Arabia has announced $400 million in aid for Ukraine. Saudi Crown Prince Mohammed bin Salman spoke to President Volodymyr Zelensky by phone, conveying the kingdom's eagerness to support mediation.

Beirut, Lebanon— Thirteen people, mostly fighters, have been killed in two days of ongoing clashes between rival factions competing for power in northwest Syria, a war monitor said Wednesday. Fighting between two pro-Turkish Syrian rebel groups began in the town of Al-Bab in northern Aleppo province before spreading to other areas...

It will build 550 housing units in Riyadh for $161m.

It has sought shareholders' nod for 65% capital reduction.

The Saudi firm's net profit rose 10% to $372m.

The firm won the nod from CMA to increase capital by 700%.

The Aqaba Medical Sciences University (AMSU), the first medical university in Jordan, will enroll its first class of medical and dental students for the new academic year.

The PIF-backed firm buys 34% stake in an Egyptian firm.

The capital will be raised through a rights issue.

The shirt, which sold for $9.3 million to a secret buyer, has been loaned to Qatar's 3-2-1 sports museum and will go on display from Sunday until April 1.

The CMA has approved an application from Power and Water Utility Co. for Jubail and Yanbu to register and sell 73.09 million shares, or 29.24 percent of equity, on the Saudi Exchange.

The decaying 45-year-old FSO Safer, long used as a floating storage platform and now abandoned off the rebel-held Yemeni port of Hodeida, has not been serviced since Yemen plunged into civil war more than seven years ago.

It won a $40 million contract from Aramco to supply pipes.

The food company will reduce the capital to $42.13 million.

The Arabian Plastic will offer 1m shares at $7.19 per share.

Dubai's Roads and Transport Authority (RTA) fetched $10.12 million from the auction of distinctive vehicle number plates at Grand Hyatt Dubai Hotel.

The firm won the shareholders' approval for the merger.

Saudi Arabia has provided $1 million in assistance to the United Nations Alliance of Civilizations (UNAOC) for supporting its work plan, activities and programs.

Continuing with what it called "unwavering support for the Syrian people, US State Department said that will send $756 million in new humanitarian aid to Syria, where need remains "dire" after more than a decade of war. The funds were in addition to a trance of $808 million announced earlier...

Almost two months before the start of World Cup, Qatar put the $675 million stadium, the venue for the final, through its first sellout test with a match between the Egyptian and Saudi champions. The 80,000 capacity Lusail Iconic Stadium was full for the pre-match concert by Egyptian superstart Amr...

A day after it returned dozens of antiquities to Italy, United States has now returned 16 antiquities worth $16 million to Egypt, including five works that were seized from the Metropolitan Museum of Art. The return of antiquities is part of a probe by authorities in New York into international...

US has returned dozens of antiquities stolen from Italy and valued at around $19 million, some of which were found in the Metropolitan Museum of Art in New York. Manhattan District Attorney said some 58 pieces represent thousands of years of rich history, "yet traffickers in Italy utilized looter to...

The food delivery platform saw rise in orders on its app in H1.

ACC won the $115m contract to build a hotel in Madinah.

It bought 51% stake in Innovative Care for $57 million.

The Saudi pharma firm intends to use the capital for growth.

The Saudi health provider's revenue slumped to $58.54m.

It cut down the loss to $18m from $35.39m posted last year.

The hospital will help tackle chronic disease and reduce mortality rates and also alleviate overcrowding in other hospitals of the region.

The Saudi food company's revenue shot up to $21.33m.

The department's report highlighted the fact that professional licenses accounted for 49 percent of total numbering 8,986, followed by commercial licenses, which accounted for 48 percent at 8,8829, then by industrial licenses.

The Saudi travel group saw its loss fall to $35m in H1.