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Kuwait s economic growth (real GDP) projection for 2024 was revised by the World Bank to 2.8% y/y higher than the 2.6% y/y forecasted earlier in January 2024 owing to expectations of phasing out of OPEC...
Read MoreDespite firm belief in AI plans businesses fragmented AI strategies and execution that overlook end-to-end lifecycles will not deliver successful outcomes says a research report assigned by Hewlett Packard...
Read MorePureHealth Holding has posted a first-quarter (Q1) 2024 net profit of AED491 million up by around AED272 million from Q1 2023 with a margin improvement of approximately 2.5 percentage points to 8.0%. In...
Read Moree& has posted a first-quarter 2024 consolidated net profits of AED2.3 billion ( 630 million) a growth of 7% year-over-year and consolidated revenue of AED14.2 billion up 9% y-o-y. The group s consolidated...
Read MoreDubai Financial Market (DFM) has seen its first-quarter (Q1) 2024 net profit before tax soar 171% to AED95.6 million ( 26.03 million) as its trading value reached over AED25 billion for the period. DFM...
Read MoreAl Habtoor Group in a major expansion of its business portfolio unveiled further details of its anticipated television channel set to broadcast from Beirut Lebanon. Promising to offer extensive job opportunities...
Read MoreSpinneys 1961 Holding an operator of premium grocery retail supermarkets has announced that following high levels of demand it will increase the number of shares allocated to the UAE Retail Offering of...
Read MoreAccountants and finance professionals are more confident on the global economy than they have been since Q2 2023. The latest ACCA (the Association of Chartered Certified Accountants) and IMA (Institute...
Read MoreCommercial Bank International (CBI) has announced its financial results for the first quarter of 2024 logging a 19% net profit before tax growth from AED34 million ( 9.25 million) in Q1 2023 to AED40.4...
Read MoreDubai Financial Market (DFM) the region s leading financial market has unveiled its flagship initiative Arena by DFM - an innovative platform for initial private offerings. Designed to catalyse growth...
Read MoreInflation in Saudi Arabia decreased to 1.6% in March 2024 compared to the previous month reports the kingdom s General Authority for Statistics (GASTAT). The decline was mainly driven by Food & Beverages...
Read MoreFintech companies in Saudi Arabia have more than doubled by the end of 2023 compared to 2022 end bringing in investments worth SR4 billion ( 1 billion) into fintech startups from several local regional...
Read MoreLeading UAE telecom services company e& has reported consolidated revenue of AED14.2 billion ( 3.86 billion) for the first quarter of 2024 up 9% year-on-year while its consolidated net profit surged by...
Read MoreSaudi banks funding profiles are changing amid a rapid expansion in lending notably driven by new mortgages and underpinned by a state-backed push to increase home ownership S&P Global Ratings said in...
Read MoreOman s Public Establishment for Industrial Estates (Madayn) has successfully completed connecting fibre optic network throughout Al Rusayl Industrial City in cooperation with Omantel. This project marks...
Read MoreSaudi Manpower Solutions Company (Smasco) plans to proceed with an initial public offering (IPO) offering 120 million (30%) of its total issued share capital and listing its ordinary shares on the Main...
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