Tag: GCC

Banking

UAE banks record highest return on equity in the GCC

the financial -
UAE-listed banks once again topped the GCC with the highest return on equity(RoE) at the end of the third quarter of 2024 at 16.8...
Business

Dubai bourse leads GCC peers in September gains

the financial -
Cementing its status as a key enabler of the UAE’s non-oil economy, the DFM General Index recorded a 4.1 per cent increase last month,...
Featured

GCC Statistical Center Praises Saudi Arabia’s Achievements on 94th National Day

the financial -
The Gulf Cooperation Council Statistical Center praised the remarkable achievements made throughout Saudi Arabia during its 94-year journey, highlighting key statistics in various economic,...
Crypto

GCC can have big role in bitcoin mining’s green energy-driven future

the financial -
As bitcoin mining undergoes major changes, the GCC region can have an important role in the transformation, which is being driven by a focus...
Featured

UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b

the financial -
Net income reported by listed banks in the GCC reached a new record high during Q2 2024 after four out of the six country...
Featured

Strong GCC non-oil growth spurs Mena economic prospects

the financial -
Driven by strong non-oil growth in GCC, economic prospects for the Middle East and North Africa region in have improved modestly with real GDP...
Business

Leading Pakistan fintech raises $7.3 million to drive GCC expansion

the financial -
PostEx, one of Pakistan’s leading fintechs, announces a $7.3 million pre-Series A funding round. The round was led by Conjunction Capital – the technology...
Featured

GCC markets accounted for 53.9% of Dubai Chamber of Commerce members’

the financial -
- GCC markets accounted for 53.9% of Dubai Chamber of Commerce members' exports and re-exports during H1 2024 and top list of export destinations...
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UAE shares end higher as outcome of US-China trade talks awaited

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LONDON: Stock markets in the UAE ended higher on Monday,...
Startup

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SUMMARY Porter was among the first movers in the hyperlocal...
Startup

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