08/19/2020
Saudi Arabia, the world's largest oil exporter, faces a severe economic contraction this year as movement restrictions in response to the COVID-19 pandemic have had a drastic impact on oil demand and oil prices.
08/18/2020
Dubai developer secured a new deal with Emirates NBD last week for Dh946m debt
08/18/2020
Dubai has been most vulnerable to the coronacrisis than other regional economies
08/18/2020
NAS Neuron is one of the largest private TPAs of medical claims in the GCC, serving over 1.3 million lives across the GCC region.
08/18/2020
Israel and the Gulf State announced on Thursday they would normalise relations under a U.S.-sponsored deal that still awaits negotiations on details such as opening embassies and travel links before it is officially signed.
08/18/2020
Egyptian Real Estate Consortium (EREC) reported a 63% Year on Year decline in its consolidated net profit in the first half (H1)
08/18/2020
Surplus sharing is a unique benefit of the Takaful concept of insurance in comparison to conventional insurance, which not only protects policyholders against unforeseen circumstances but also qualifies them for a share in the achieved surplus of the fund
08/18/2020
Net profit attributable to shareholders was US$15.05 million for the six month period compared with US$49.13 million in the first half of 2019, a decrease of 69.4%.
08/17/2020
The electronic platform is expected to help companies and investors recover from the devastating impact of Covid-19
08/17/2020
Many of the stocks PIF targeted in the first quarter were trading at historic lows
08/14/2020
The state-linked builder of Abu Dhabi's Formula One circuit made $132mln in the three months to June 30
08/14/2020
Announces comprehensive investment strategy and targets major share buyback
08/14/2020
The Total Return Index grew 0.52% to 18,460.46 points
08/14/2020
In response to limit the spread of COVID-19 pandemic and ensure our operations remained resilient, our companies implemented several measures to ensure safety of our employees and business continuity.
08/14/2020
Dubai has been playing a great role as a facilitator for people that are looking to test the waters in Africa.
08/14/2020
The REIT is scheduled to open further movie theaters in its portfolio in three other cities with the one in Riyadh launching imminently, as well as, Dawadmi and Tabouk in due course.
08/14/2020
Company is also seeking to 'rebalance' its portfolio between real estate and other assets
08/14/2020
Suez Canal Bank chairman and managing director Hussein Refaei, added that the launch of the fund coincides with the bank’s ambition to expand its non-banking activities and keep pace with industry developments.
08/13/2020
Aramco, the largest oil company in the world, said on Sunday that its profits had dropped to 24.62 billion Saudi riyals
08/13/2020
Total shareholders' equity at the end of the first half of 2020 decreased by 10% to BD 291 million, down from BD 324 million at the end of 2019.