Tag: News

Banking

Ajman Bank nine-month profit before tax spikes 458%

the financial -
Ajman Bank on Monday announced that it recorded its highest-ever profit before tax of Dh313 million for the first nine months of 2024, a...
Economy

Transformation of agricultural sector contributes to massive economic growth

the financial -
RIYADH: The International Monetary Fund is predicting a growth in gross domestic product of 4.7 percent for Saudi Arabia’s economy in 2025. This projection...
Economy

Saudi Arabia announces $13.3bn of investment deals at Global Health Exhibition

the financial -
Key agreements include SR4bn pharmaceuticals-manufacturing deal, SR5bn expansion by Fakeeh Care Group, and SR3bn Almoosa Health Group plan for new medical facilities Goal is for...
Economy

Closing Bell: Saudi markets close in green at 12,008

the financial -
RIYADH: Saudi Arabia’s Tadawul All Share Index rose by 1.06 percent, or 125.38 points, to reach 12,008.31 points on Monday.  The total trading turnover of...
Finance

TASI records lowest volume of trading in a month, falling to 11,883 points

the financial -
RIYADH — Tadawul All Share Index (TASI), the Saudi main stock index, ended the first session of the week on Sunday down 24.5 points (0.2...
Business

UAE retailer Lulu to launch IPO next week, sell 25% stake

the financial -
UAE's retail giant Lulu Group on Monday announced that it would sell 25 per cent shares through an initial public offering (IPO) with a...
Business

Gold prices break $2,700 level for the first time as uncertainty looms

the financial -
Gold breached the $2,700-per-ounce level on Friday for the first time ever, as US election jitters and simmering Middle East tensions boosted safe-haven demand,...
Business

Closing Bell: Saudi main index closes in red at 11,907

the financial -
MSCI Tadawul Index decreased by 16.87 points, or 1.12%, to close at 1,490.22 Parallel market Nomu surged, gaining 227.15 points, or 0.87%, to close at...
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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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When AI Speaks for Your Brand, Who Owns the Trust

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Trust Has Become a Strategic Asset In 2026, the question...

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