Financial
Economy, Financial, Stock Markets
GCC Financial Markets’ Total Value Falls 4.4% in 2024 to $4.2 Trillion
GCC Financial Markets' Total Value Falls 4.4% in 2024 to $4.2 Trillion The total value of financial markets in the GCC dropped…
Economy, Financial, Oman
Oman’s Public Revenue Drops 7% in Q1 to $6.8B Due to Lower Oil and Gas Income
Oman's Public Revenue Drops 7% in Q1 to $6.8B Due to Lower Oil and Gas Income Oman’s public income fell by 7%…
Dubai, Energy, Financial
Dubai utility company DEWA’s revenue increased by 2.8% in the first quarter, reaching $1.6 billion, thanks to strong operational growth
Dubai utility company DEWA's revenue increased by 2.8% in the first quarter, reaching $1.6 billion, thanks to strong operational growth Dubai Electricity…
Economy, Financial, Saudi Arabia, UAE
Outside the Gulf: Why Islamic Finance Is Spreading Around the World
Outside the Gulf: Why Islamic Finance Is Spreading Around the World In a world where ethical and sustainable investment is becoming more…
Energy, Financial, Saudi Arabia
Saudi petrochemical company SABIC Agri-Nutrients’ net profit rose 17% in Q1 2025 to $262.5 million, thanks to higher sales
Saudi petrochemical company SABIC Agri-Nutrients' net profit rose 17% in Q1 2025 to $262.5 million, thanks to higher sales SABIC Agri-Nutrients Co.,…
Financial, Saudi Arabia, Stock Markets
Saudi Tadawul Group’s net profit for the first quarter of 2025 fell by 40%, dropping to $32 million due to slower trading activity
Saudi Tadawul Group's net profit for the first quarter of 2025 fell by 40%, dropping to $32 million due to slower trading…
Banking & Insurance, Financial, Saudi Arabia
Saudi National Bank’s profit for the first quarter rises by 20% to $1.6 billion
Saudi National Bank's profit for the first quarter rises by 20% to $1.6 billion Saudi National Bank (SNB), the biggest bank in…
Banking & Insurance, Financial, Riyadh
Riyad Bank reports a 19% increase in its profit for the first quarter of 2025, reaching $663 million, due to higher income and lower costs
Riyad Bank reports a 19% increase in its profit for the first quarter of 2025, reaching $663 million, due to higher income…
Business, Financial, Kuwait
Kuwait’s HEISCO Secures Credit Facilities Worth $271M To Finance Activities
Kuwait’s HEISCO Secures Credit Facilities Worth $271M To Finance Activities HEISCO, a company based in Kuwait, has received credit facilities of $271.1…
Business, Egypt, Financial
Beltone Holding Raises $206 Million in Second Funding Round to Help Growth
Beltone Holding Raises $206 Million in Second Funding Round to Help Growth Egyptian company Beltone Holding has raised $205.8 million (EGP 10.5…
Banking & Insurance, Financial, Saudi Arabia
Saudi Arabia’s Digital Banking Boom: What’s Next?
Saudi Arabia's Digital Banking Boom: What's Next? Saudi Arabia is undergoing a financial revolution, and at the heart of it is a…
Business, Egypt, Financial, UAE
UAE’s enza raises $6.75M to help more people in Africa access financial services
UAE’s enza raises $6.75M to help more people in Africa access financial services UAE-based payment company enza has raised $6.75 million in…
MOST READ
For June, 2024
- Egypt’s Non-Oil Private Sector Declines Again in August
- Binghatti Holding’s $500M Sukuk Debuts on Nasdaq Dubai, Raising Total Listings to $1B
- Qatar Investment Authority Backs Anthropic in $13B Funding, Startup Valued at $183B
- Saudi Retailer Jamjoom Fashion Sets IPO Price Range, Aims to Raise $92M
- Sheikh Mohammed Bin Rashid Announces UAE Cabinet Changes, Names Ahmed Al Sayegh as New Health Minister
- How Gulf States Turn Heritage Into a Business Strategy
- Egypt Signs $340M Oil and Gas Deals, Plus Solar Energy Project
- Iraq, Kuwait Move Forward in Talks on Shared Oil Fields
- Abu Dhabi Fund to Invest $1.5 Billion in GLP’s Digital Growth