Tag: News

Business

ADIPEC 2024 concludes with $10bn of deals and record attendance

the financial -
ADIPEC 2024 was a commercial success with more than $10bn of deals announced at the energy conference in the UAE ADIPEC 2024 has concluded with $10bn...
Business

Saudi Tadawul Group eyes M&As to strengthen capital markets: Bloomberg

the financial -
RIYADH: Saudi stock exchange operator Tadawul Group is ramping up plans for mergers and acquisitions to expand the Kingdom’s capital markets amidst a wave...
Business

Saudi Aramco slashes December oil prices for Asian buyers

the financial -
RIYADH: Saudi Aramco has reduced its December pricing for Arab Light crude oil for Asian buyers, according to the latest price list released by...
Economy

Dubai: Emirates announces record-breaking half-year profit of Dh10.4 billion

the financial -
The Emirates Group on Thursday reported its best-ever half-year financial performance, posting a profit before tax of Dh10.4 billion for the first six months...
Economy

Saudi Arabia’s PMI rises to 6-month high in October

the financial -
RIYADH: Saudi Arabia’s non-oil business activities strengthened in October, with the Kingdom’s purchasing managers’ index rising to a six-month high of 56.9, an economy...
Economy

China to issue $2bn bonds in Saudi Arabia amid deepening bilateral ties

the financial -
RIYADH: China has announced plans to issue dollar-denominated bonds in Saudi Arabia starting the week of Nov. 11, marking its first debt issuance in...
Economy

Saudi Arabia’s Q3 budget deficit decreases to $8bn

the financial -
RIYADH: Saudi Arabia reported a budget deficit of SR30.23 billion ($8.06 billion) for the third quarter of 2024, a decrease of 15 percent compared...
Business

ADNOC Drilling’s Enersol to acquire Deep Well Services

the financial -
ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol has agreed to acquire a 95% equity stake in Deep...
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Banking

UAE loan rates to rise? Escalating Iran-US conflict clouds next interest rate cut

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Surging crude prices test central bank plans and household...
Banking

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

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Bank removes charges on withdrawals and debit card replacements...
Business

Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

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Oil prices set for largest weekly rise since Russia’s...
Business

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

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RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...
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Trust Has Become a Strategic Asset In 2026, the question...

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