Tag: QNB
Economy, Saudi Arabia
Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues
Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues Saudi Arabia’s budget deficit fell to $9.2…
Dubai, Real Estate
TECOM Group Sees 22% Profit Growth in First Half of 2025 Thanks to Higher Revenue
TECOM Group Sees 22% Profit Growth in First Half of 2025 Thanks to Higher Revenue Dubai-based TECOM Group, which runs business parks,…
Banking & Insurance, Finance, UAE
Mashreq Bank’s Half-Year Profit Drops to $952.9 Million Due to New 15% UAE Tax
Mashreq Bank's Half-Year Profit Drops to $952.9 Million Due to New 15% UAE Tax Mashreq Bank reported a profit of $952.9 million…
Abu Dhabi, Energy
Borouge’s Q2 Profit Drops 37% to $193 Million
Borouge's Q2 Profit Drops 37% to $193 Million Abu Dhabi-based petrochemical company Borouge reported a 37.2% drop in its second-quarter profit, earning…
Economy, UAE
GCC Central Banks Keep Interest Rates Unchanged, Following US Fed
GCC Central Banks Keep Interest Rates Unchanged, Following US Fed Central banks in the Gulf Cooperation Council (GCC) have decided to keep…
Abu Dhabi, Business
Abu Dhabi’s EMSTEEL Sees 6% Rise in First-Half Revenue to $1.2 Billion
Abu Dhabi’s EMSTEEL Sees 6% Rise in First-Half Revenue to $1.2 Billion Abu Dhabi-based steel and construction materials company EMSTEEL reported a…
Real Estate, UAE
UAE’s Aldar Properties Reports $599 Million Profit in Q2, Beats Forecasts
UAE’s Aldar Properties Reports $599 Million Profit in Q2, Beats Forecasts Aldar Properties, a major real estate company in Abu Dhabi, made…
Business, Saudi Arabia
Saudi Arabia’s PIF Named Top Sovereign Wealth Fund Brand Again
Saudi Arabia’s PIF Named Top Sovereign Wealth Fund Brand Again Saudi Arabia’s Public Investment Fund (PIF) has been named the world’s most…
Economy, Gulf News
Baladna Algeria Signs $500M Contracts for Farming Project
Baladna Algeria Signs $500M Contracts for Farming Project Baladna Algeria has signed contracts worth over $500 million with both Algerian and international…