News
Economy, Saudi Arabia
Saudi’s Ma’aden reports a 16% rise in Q1 revenue due to higher commodity prices and more sales
Saudi's Ma'aden reports a 16% rise in Q1 revenue due to higher commodity prices and more sales The Saudi Arabian Mining Company…
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…
Energy, Saudi Arabia
ADES Holding, based in Saudi Arabia, saw its net profit drop by 2% in the first quarter, reaching \$52.4 million
ADES Holding, based in Saudi Arabia, saw its net profit drop by 2% in the first quarter, reaching $52.4 million Saudi oil…
Economy, Saudi Arabia
Saudi Arabia’s Budget Deficit Grows to $15.7 Billion in First Quarter as Oil Income Falls
Saudi Arabia's Budget Deficit Grows to $15.7 Billion in First Quarter as Oil Income Falls Saudi Arabia’s budget deficit grew a lot…
Economy, Egypt
AD Ports Group signs a 50-year agreement to develop Egypt’s KEZAD East Port Said area
AD Ports Group signs a 50-year agreement to develop Egypt's KEZAD East Port Said area AD Ports Group has signed a 50-year…
Energy, Syria
Syria Will Sign Deal With Türkiye to Import Electricity Through 400-Kilovolt Power Line, Says Energy Minister
Syria Will Sign Deal With Türkiye to Import Electricity Through 400-Kilovolt Power Line, Says Energy Minister Syria is about to sign an…
Banking & Insurance, Saudi Arabia
Banque Saudi Fransi finishes $650 million Additional Tier 1 bond sale
Banque Saudi Fransi finishes \$650 million Additional Tier 1 bond sale Banque Saudi Fransi (BSF) has finished offering its \$650 million in…
Abu Dhabi, Real Estate
Aldar in Abu Dhabi Reports 22% Jump in First-Quarter Profit to $517 Million Due to Higher Revenue
Aldar in Abu Dhabi Reports 22% Jump in First-Quarter Profit to $517 Million Due to Higher Revenue Real estate company Aldar, based…
Economy, Saudi Arabia
Saudi Arabia’s Real GDP increased by 2.7% in the first quarter, driven by activity in the non-oil sector
Saudi Arabia’s Real GDP increased by 2.7% in the first quarter, driven by activity in the non-oil sector Saudi Arabia’s real GDP…
Abu Dhabi, Energy, UAE
NMDC Energy, based in Abu Dhabi, saw its revenue rise by 75% to $1 billion in the first quarter of 2025 due to successful project execution
NMDC Energy, based in Abu Dhabi, saw its revenue rise by 75% to $1 billion in the first quarter of 2025 due…
Banking & Insurance, Saudi Arabia
The Saudi Central Bank says its net foreign assets grew to $431 billion in March
The Saudi Central Bank says its net foreign assets grew to $431 billion in March The Saudi Central Bank (SAMA) said its…
Banking & Insurance, Investment, Saudi Arabia
Saudi PIF Issues $1.25B Sukuk in Global Debt Market for the Second Time This Year
Saudi PIF Issues $1.25B Sukuk in Global Debt Market for the Second Time This Year Saudi Arabia’s Public Investment Fund (PIF) is…