Tag: Q3

Q3 sees 370,000 private inspections 

RIYADH: The Saudi Ministry of Human Resources and Social Development conducted more than 370,000 inspections of private sector establishments in the third quarter of...

UAE banks power ahead in Q3, outpacing regional peers

Loan growth, resilient margins, and digital innovation drive sector gains amid favourable macro conditions, Alvarez & Marsal report shows UAE banks continued to outperform their...

Aramco posts $28bn profit in Q3 as major projects advance  

RIYADH: Saudi Aramco reported third-quarter 2025 adjusted net income of $28 billion, up slightly from $27.7 billion a year earlier, as strong operating momentum...

Saudi Kafalah program boosts SME financing 8% to $3.73bn in Q3

RIYADH: Saudi Arabia’s Small and Medium Enterprises Financing Guarantee Program, known as Kafalah, extended 5,447 assurances, boosting small-business funding by 8 percent year on...

Saudi Arabia tops GCC projects market in Q3: report  

RIYADH: Saudi Arabia led the Gulf Cooperation Council’s projects market in the third quarter of 2025 with $28.1 billion in contract awards, a new...

MENA startups see $4.5bn funding in Q3

The quarter’s strong finish was powered by a record-breaking September RIYADH: Startup investment in the Middle East and North Africa surged to $4.5 billion in the...

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

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...

Saudi GDP grows 2.8% in Q3 amid strong non-oil expansion: GASTAT 

RIYADH: Saudi Arabia’s real gross domestic product rose by 2.8 percent in the third quarter of this year compared to the same period in...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...