Saudi Aramco becomes world's most valuable stock as Apple drops
Saudi Aramco overtook Apple Inc. as the world's most valuable company, stoked by a surge in oil prices that is…
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Dukhan Bank reports QR392m net profit for Q1
Dukhan Bank has announced QR392m net profit for the first quarter of 2022, recording an increase of 47 percent compared…
Gulf International Bank issues inaugural sustainability report
Gulf International Bank has published its first groupwide Sustainability Report which shows its commitment to sustainable growth and performance against…
Dubai's prime residential properties have seen a price-surge of nearly 60% in 12 months
Dubai’s residential property market experienced a significant increase in prices in the past 12 months as the city saw an…
Bahrain-based Bank ABC Q1 net profit rises 3pc to $31m
Bahrain-based Bank ABC (Arab Banking Corporation) has posted a $31 million Q1 net profit attributable to the shareholders of the…
Higher lending drove Saudi top banks' profitability in 2021: Report
Saudi Arabia’s top 10 banks witnessed an improvement in profitability and strong growth in loans and advances in the financial…
President Kenyatta Calls for Enhanced Cooperation Between Kenya and the UAE
President Uhuru Kenyatta has expressed the need for Kenya and the United Arab Emirates (UAE) to rejuvenate their bilateral cooperation…
87% of UAE IT decision-makers agree their organizations’ enterprise data strategy is key to effective hybrid workforce
United Arab Emirates, Dubai: Cloudera, the hybrid data cloud company, has released the findings of a global research report that…
How post-Covid economic recovery is improving the profitability of Saudi Arabia’s top 10 banks
The profitability metrics of the top 10 banks in the Kingdom of Saudi Arabia witnessed an improvement with post Covid-19…
Abu Dhabi’s ADQ announces EUR4bn investment partnership with Greece
Abu Dhabi-based investment and holding company ADQ has signed investment partnership agreements with Greek entities. It signed agreements with…
Top 10 Saudi banks post 15.5% surge in 2021 net income
Profitability metrics of the top 10 banks in Saudi Arabia witnessed an improvement during 2021 with post Covid-19 economic recovery,…
Cybersecurity skills gap contributed to 80% of breaches
Fortinet has released its 2022 Cybersecurity Skills Gap Report. The new global report reveals that the cybersecurity skills shortage continues…