Business

Business, Economy, Egypt
Egypt’s Non-Oil Private Businesses Shrink in April Because of Low Demand, S&P Survey Says

Egypt's Non-Oil Private Businesses Shrink in April Because of Low Demand, S&P Survey Says Egypt's non-oil private sector shrank again in April…

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.,…

Business, Dubai, Economy, UAE
Dubai World Trade Centre Earns $6.1B in 2024, Thanks to More Large Events

Dubai World Trade Centre Earns $6.1B in 2024, Thanks to More Large Events The Dubai World Trade Centre (DWTC) made $6.1 billion…

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…

Abu Dhabi, Business, Investment
Abu Dhabi’s Mubadala and US investor Fortress start $1 billion private loan partnership

Abu Dhabi’s Mubadala and US investor Fortress start $1 billion private loan partnership Mubadala Investment Company, Abu Dhabi’s government-owned wealth fund, and…

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, Investment, Saudi Arabia
Taiba Investments Reveals New Look for Makarem Hotels at the 2025 Umrah and Ziyarah Forum

Taiba Investments Reveals New Look for Makarem Hotels at the 2025 Umrah and Ziyarah Forum Taiba Investments, partly owned by the Saudi…

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…

Business, Real Estate, Saudi Arabia
A group of Saudi business people met with Egyptian officials to discuss starting a joint real estate fund

A group of Saudi business people met with Egyptian officials to discuss starting a joint real estate fund The Egyptian government said…