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Saudi Arabia's Economic Liquidity Peaks At SAR2.9 Trillion In Second Quarter Of 2024
In Q2 2024, Saudi Arabia's economy saw liquidity surge to SAR2.898 trillion, marking a historic peak, driven by a robust growth rate....
Saudi Debt Market Value Soars To SAR800 Billion, Reveals CMA Chairman
The Saudi debt market has seen remarkable growth, doubling in value to SAR800 billion since 2019, offering vast potential for further e...
SAMA Reports A 5.5% Increase In Reserve Assets To SAR1.754 Trillion In Second Quarter Of 2024
Saudi Central Bank's reserve assets witnessed a 5.5% growth, reaching SAR 1.754 trillion by Q2 2024, marking the highest levels for the...
AD Ports Group Announces A Stellar 42% Growth In Net Profit For Q2 2024
AD Ports Group's net profit soared by 42% to AED 439 million in Q2 2024, driven by organic growth and strategic acquisitions....
ADNOC L&S Announces A Significant 31% Net Profit Increase In H1 2024
ADNOC Logistics & Services announces a 31% rise in net profit for H1 2024, with significant investments in maritime logistics and f...
Agthia Group Announces Significant Revenue And Profit Increases In First Half Of 2024
Agthia Group reports a 14.7% increase in net revenue and a 31.8% rise in net profit for the first half of 2024, indicating robust finan...
Dubai Financial Market Announces Impressive 74% Profit Rise In H1 2024
DFM announces a pre-tax net profit jump to AED 195.4 million in H1 2024, driven by trading activity, new investors, and successful capi...
Arab Bank Group Achieves 25% Profit Growth To $503 Million In H1 2024
Arab Bank Group announced a 25% rise in net income after tax for the first half of 2024, reaching $503 million compared to $401 million...
NBF Records AED 441.2 Million Net Profit In First Half Of 2024, Up By 46%
National Bank of Fujairah (NBF) sees a significant profit increase to AED 441.2 million in H1 2024, driven by high interest rates and s...
United Arab Bank's Pre-Tax Net Profit Climbs By 26% In H1 2024
UAB announces a 26% increase in pre-tax net profit for H1 2024, with significant asset growth and a strong balance sheet highlighting i...
NMDC Group's Revenue Soars By 79% In First Half Of 2024, Reaching AED12.126 Billion
NMDC Group reports a significant 79% revenue increase in the first half of 2024, reaching AED 12.126 billion and a net profit rise of 6...
Ajman Bank Reports Historic Net Profit Of AED 233 Million In First Half Of 2024
Under the chairmanship of Sheikh Ammar, Ajman Bank reports a historic net profit of AED 233 million in H1 2024, marking significant gro...
ADGM Achieves Remarkable 211% Increase In AUM In Q1 2024
Abu Dhabi Global Market reports a significant 211% increase in Assets Under Management in Q1 2024, marking a strong start to the year....
BRiX Announces Leadership Change With James Fellus At The Helm To Democratize Real Estate Investing
James Fellus joins BRiX as President, bringing extensive financial expertise to further democratize real estate investing for all....
DFSA Achieves 25% Licensing Growth In 2023 Amid Financial Sector Expansion
The Dubai Financial Services Authority (DFSA) has reported a significant 25% increase in licensing in 2023 compared to the previous yea...
Ajman Bank Sets New Profit Record In Q1 2024 With A 139% Increase
Ajman Bank reports a record-breaking profit of AED 107.4 million in Q1 2024, marking a significant increase in operational excellence a...
Presight AI Achieves Significant Revenue And Profit Growth In First Quarter Of 2024
Presight AI Holding PLC announces a 15.9% revenue increase and a 45.8% net profit rise in Q1 2024, highlighting robust financial health...
ADNOC L&S Achieves 34% Net Profit Increase In Q1 2024 With Strategic Investments
ADNOC L&S announces a 34% increase in Q1 2024 net profit, marking significant growth with ambitious investment plans in maritime lo...
STC Reports Robust Q1 2024 Financial Growth And Embarks On Strategic Expansions
STC reports a 7.76% revenue increase in Q1 2024, with significant strategic expansions including a major deal with PIF and the launch o...
Dubai Aims For Financial Excellence: Maktoum's Talks With State Street CEO
Sheikh Maktoum bin Mohammed discusses Dubai's financial sector growth and global partnerships with State Street Global Advisors' CEO, Y...
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