Business

Egypt, Stock Markets
EFG Hermes Completes Advisory on $52.1 Million Sale of MOPCO Shares

EFG Hermes Completes Advisory on $52.1 Million Sale of MOPCO Shares EFG Hermes announced that it has completed its advisory role in…

Abu Dhabi, Business, Energy, Finance
ADNOC Distribution’s Profit Rises 22% in Q3 with Strong Sales and Expansion

ADNOC Distribution’s Profit Rises 22% in Q3 with Strong Sales and Expansion ADNOC Distribution, the Abu Dhabi–based fuel and convenience retailer, reported…

Stock Markets
Apple Shares Rise as Strong iPhone 17 Demand Boosts Revenue Outlook

Apple Shares Rise as Strong iPhone 17 Demand Boosts Revenue Outlook Apple’s shares rose 2% in premarket trading on Friday but later…

Business, Investment, Riyadh
Arab Investment Company and Franklin Templeton Sign $70M Deal for Gulf Bond Fund

Arab Investment Company and Franklin Templeton Sign $70M Deal for Gulf Bond Fund The Arab Investment Company (TAIC) has signed a $70…

Business, Qatar
Qatar’s Estithmar Holding Reports 99% Profit Jump to $193 Million in Nine Months

Qatar’s Estithmar Holding Reports 99% Profit Jump to $193 Million in Nine Months Estithmar Holding, one of Qatar’s leading investment groups, announced…

Business, Investment, Kuwait
Goldman Sachs in Talks for $10 Billion Deal with Kuwait Investment Authority

Goldman Sachs in Talks for $10 Billion Deal with Kuwait Investment Authority Goldman Sachs is reportedly close to securing a $10 billion…

Saudi Arabia, Stock Markets, UAE
UAE Leads $10.4 Billion MENA Equity Market as Saudi Activity Slows

UAE Leads $10.4 Billion MENA Equity Market as Saudi Activity Slows Equity fundraising in the Middle East and North Africa (MENA) fell…

Saudi Arabia, Stock Markets
Saudi Tadawul Group Sees 41% Drop in Q3 Profit to $22 Million as Trading Slows

Saudi Tadawul Group Sees 41% Drop in Q3 Profit to $22 Million as Trading Slows The Saudi Tadawul Group, the operator of…

Abu Dhabi, Business
Abu Dhabi’s Multiply Group to Buy 2PointZero and Ghitha Holding in Share Swap

Abu Dhabi’s Multiply Group to Buy 2PointZero and Ghitha Holding in Share Swap Abu Dhabi-based investment company Multiply Group has announced plans…

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