PureHealth 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...

e& 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...

Dubai 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...

Al 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...

Spinneys 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...

Accountants 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...

Amid rising geopolitical tensions and a deepening North-South divide the World Economic Forum (WEF) has assembled 1 000 global leaders and experts to chart a collective course towards a more stable sustainable...

The Constructor Capital a science-based VC fund investing in startups in software and deep technology founded by entrepreneur Serg Bell has set up operations in the Abu Dhabi. The fund is part of Constructor...

Inflation 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...

Fintech 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...

Leading 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...

Saudi 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...

Oman 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...

Saudi 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...

Investcorp a leading global alternative investment firm on Monday announced that it has entered into an agreement to acquire NSEIT the digital technology business of India s National Stock Exchange (NSE)....

Etihad Credit Insurance (ECI) is constantly adapting to the evolving global landscape tailoring its product portfolio and focusing on emerging sectors like renewable energy and sustainability. This is...