News

Dubai Islamic Bank’s profit grows 10% to $3.5 billion in 2024
Banking & Insurance, Dubai, Financial, News
Dubai Islamic Bank’s profit grows 10% to $3.5 billion in 2024

Dubai Islamic Bank's profit grows 10% to $3.5 billion in 2024 Dubai Islamic Bank (DIB) reported a 10% increase in its net…

ADQ-backed Modon Holding’s revenue jumps 637% in 2024, reaching $1.7 billion
Abu Dhabi, Financial, News, Real Estate
ADQ-backed Modon Holding’s revenue jumps 637% in 2024, reaching $1.7 billion

ADQ-backed Modon Holding's revenue jumps 637% in 2024, reaching $1.7 billion Abu Dhabi-based Modon Holding earned $1.7 billion (AED 6.5 billion) in…

UAE-based Deyaar Development’s net profit grew by 7.5% in 2024, reaching $129 million
Financial, News, Real Estate, UAE
UAE-based Deyaar Development’s net profit grew by 7.5% in 2024, reaching $129 million

UAE-based Deyaar Development's net profit grew by 7.5% in 2024, reaching $129 million Dubai real estate company Deyaar Development made a $129…

IMF: Qatar’s Economy Expected to Grow Over 4% Due to LNG Expansion
Economy, News, Qatar
IMF: Qatar’s Economy Expected to Grow Over 4% Due to LNG Expansion

IMF: Qatar's Economy Expected to Grow Over 4% Due to LNG Expansion Qatar’s economy is expected to grow by 2% in 2024-2025.…

NMC Healthcare will sell 65% of its stake in Fakih IVH fertility clinic to focus on its main business
Health, Healthcare, News, UAE
NMC Healthcare will sell 65% of its stake in Fakih IVH fertility clinic to focus on its main business

NMC Healthcare will sell 65% of its stake in Fakih IVH fertility clinic to focus on its main business NMC Healthcare, a…

Aldar Properties’ yearly profit rises 47% to $1.8 billion due to higher sales revenue
Abu Dhabi, Dubai, Financial, Real Estate, UAE
Aldar Properties’ yearly profit rises 47% to $1.8 billion due to higher sales revenue

Aldar Properties' yearly profit rises 47% to $1.8 billion due to higher sales revenue Aldar Properties said on Monday that its net…

Egyptian real estate company SODIC reports an 84% increase in yearly net profit, reaching $50.3 million after tax
Egypt, Financial, Investment, Real Estate
Egyptian real estate company SODIC reports an 84% increase in yearly net profit, reaching $50.3 million after tax

Egyptian real estate company SODIC reports an 84% increase in yearly net profit, reaching $50.3 million after tax Egypt's Sixth of October…

Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge
Egypt, Energy, Financial, Oman, UAE
Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge

Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge UAE-based energy…

Savills says that efforts to diversify will help the Riyadh office market grow in 2024
Economy, Real Estate, Riyadh, Saudi Arabia
Savills says that efforts to diversify will help the Riyadh office market grow in 2024

Savills says that efforts to diversify will help the Riyadh office market grow in 2024 Riyadh's office market continued to grow in…

The IMF says it is ready to help with the rebuilding efforts in Syria and Lebanon
Economy, Lebanon, Syria
The IMF says it is ready to help with the rebuilding efforts in Syria and Lebanon

The IMF says it is ready to help with the rebuilding efforts in Syria and Lebanon The International Monetary Fund (IMF) is…

Oil Goes Up After Saudi Increases Prices for March Delivery
Energy, Oil and Gas, Saudi Arabia
Oil Goes Up After Saudi Increases Prices for March Delivery

Oil Goes Up After Saudi Increases Prices for March Delivery Oil prices edged higher on Tuesday, as market participants reacted to Saudi…

Thales Alenia has signed an agreement with the UAE’s Mohammed Bin Rashid Space Centre to create the Emirates Airlock Module.
UAE
Thales Alenia has signed an agreement with the UAE’s Mohammed Bin Rashid Space Centre to create the Emirates Airlock Module.

Thales Alenia has signed an agreement with the UAE's Mohammed Bin Rashid Space Centre to create the Emirates Airlock Module Thales Alenia…

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