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.
08/13/2020
Having an office here is absolutely vital for us to fulfil our ambitious growth plans for the region.
08/12/2020
The developer of several malls, including the iconic Dubai Mall, said that occupancy levels across its assets remained stable on 2019 levels
08/12/2020
"We will hear more successful things in these fields for three to five years,”
08/12/2020
Net premiums more than halved to $47.2m as shadow of pandemic hangs over industry
08/11/2020
Trade turnover and volumes were on the increase on the market, where the industrials and consumer goods sectors together accounted for more than 60% of the total trading volume.
08/11/2020
Nasdaq’s clearing solution will provide DGCX with multi-asset class clearing and settlement
08/11/2020
SPA was founded in 2009 as the private division of Saudi Arabia’s flag carrier and one of the most popular commercial airlines worldwide, Saudi Arabian Airlines.
08/11/2020
Reflecting this success, the fund has now crossed $150 million in assets under management, a major achievement that is testament to Mashreq Capital's deep market experience and the confidence investors have in our underlying philosophy and vision.
08/11/2020
Gross premiums are up to Dh2.1b, while solvency ratio is now at 250% plus
08/10/2020
Dubai developer has had some difficult years with losses and debts mounting
08/09/2020
The world’s biggest oil exporter said the rapid spread of COVID-19 globally had significantly reduced demand for crude oil, natural gas and petroleum products
08/07/2020
The insurance index soared 1.95%, industrials (1.83%), banks and financial services (1.07%), consumer goods and services (0.54%) and realty (0.09%); while transport and telecom declined 1.06% and 0.72% respectively.
08/07/2020
The company reported a net loss of $165m for the 12 months ending June 30
08/07/2020
Purchase of Dubai-Based Entity Reflects Strategic Expansion, Bringing New Product Breadth, Emerging Markets Expertise to Futures Firm
08/06/2020
Net income from special commissions and financing & investments -- the closest measure to interest income - dropped 13.5% in the quarter