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ABU DHABI: The IPO market in the Middle East and North Africa (MENA) region remained resilient during the second quarter of this year, with 14 IPOs registering total proceeds of US$2.64 billion, up 45.3 percent compared to the same period last year.
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DUBAI: The Board of Directors of Salik Company PJSC (Salik), Dubai’s exclusive tollgate operator, chaired by Mattar Al Tayer, Chairman of the Board, today announced the Company’s financial results for Q2 2024 and H1 2024, generating a net profit after…
Ramallah – Ma’an – Arkan Real Estate disclosed its business results and consolidated financial statements for the first half of 2024, where the profit attributable to the company’s shareholders amounted to $9.2 million compared to $9.7 million for the…
DUBAI: IFZA, Dubai’s most dynamic free zone community, has sponsored the Smart Cities Council’s (SCC’s) inaugural Smart Cities Week APAC event held recently in Australia.
This sponsorship is part of IFZA’s ongoing partnership with the Smart Cities Co…
ABU DHABI: Credit facilities provided by the UAE national banks to the private sector reached AED49.5 billion during the first five months of 2024, raising the cumulative total to AED1.182 trillion at the end of May, up from AED1.132 trillion at the e…
DUBAI: The Board of Directors of Salik Company PJSC (Salik), Dubai’s exclusive tollgate operator, chaired by Mattar Al Tayer, Chairman of the Board, today announced the Company’s financial results for Q2 2024 and H1 2024, generating a net profit after…
Gold prices eased on Tuesday as profit-taking kicked in after bullion hit a more than one-week high, while market players awaited key US inflation data that could provide further insight into the Federal Reserve’s next policy decision.
Spot gold fell…
The International Energy Agency (IEA), headquartered in Paris, maintained on Tuesday that its forecast for oil demand growth this year at 970,000 barrels per day. However, it revised its forecast for 2025, from 980,000 barrels to 950,000 barrels a day…
Munich: Bayern Munich defeated host Borussia Dortmund 2-1 on Saturday to lift the German Supercup. Bayern scored twice in the