DP World
April 27, 2023

In the first quarter of 2023, DP World recorded a 3.7% increase in gross volume growth on a like-for-like basis.

DP World’s commitment to digital transformation and global expansion has paid off, with like-for-like gross volumes rising to 19.5 million TEUs in Q1 2023 and its logistics division reporting a 9.6% year-on-year increase in revenue.

Monsha'at
April 27, 2023

The SME sector in Saudi Arabia is expected to thrive as a result of 23 new initiatives introduced by Monsha’at.

Monsha’at, the Saudi Arabian authority for Small and Medium Enterprises (SMEs), has recently introduced a range of initiatives to support small business owners in the country.

NBD
April 27, 2023

Emirates NBD, based in Dubai, announces its Q1-2023 earnings with a total income of Dh10.5 billion and a net profit of Dh6 billion.

Emirates NBD, one of the leading banks in the Middle East, has reported an impressive total income of Dh10.5 billion and a net profit of Dh6 billion for the first quarter of 2023.

Saudi National Bank
April 27, 2023

The chairman of Saudi National Bank has stepped down following Credit Suisse’s acquisition.

The acquisition of a large stake in Saudi National Bank (SNB) by Credit Suisse has been met with controversy in the Saudi Arabian business community.

Digital Channels
April 27, 2023

Job seekers in the UAE are increasingly turning to digital channels to find employment opportunities.

The UAE job market is highly competitive, and digital channels provide job seekers with access to a wider range of opportunities.

ADIB
April 27, 2023

Adib’s first quarter profit has surged by 54% to reach Dh1.1b.

ADIB’s first quarter profits surged by 54%, reaching Dh1.1 billion, driven by its focus on digital transformation and diversified business model.

Rakbank
April 27, 2023

RAKBANK’s first-quarter profit surged by 105% to reach Dh450 million.

RAKBANK has achieved impressive results in the first quarter of 2021, despite facing the challenges posed by the pandemic.

Fujairah
April 27, 2023

The National Bank of Fujairah’s net profit in Q1 2023 has soared by 151.8%, reaching Dh152 million.

The National Bank of Fujairah reported impressive growth in net profit for Q1 2023, attributed to its focus on customer-centric services, strategic partnerships with leading businesses and organizations in the UAE, prudent risk management practices, and strong financial position.

cRUDE oIL
April 26, 2023

The price of Kuwaiti crude oil has risen by US$1.67, reaching a value of US$84.90 per barrel.

The rise in CRUDE oil prices is providing a much-needed boost to the economy of Kuwait, which has been hit hard by the COVID-19 pandemic and the global economic downturn.

Wemade
April 26, 2023

The Ministry of Investment in Saudi Arabia signed an MoU with Wemade Co. to support the Kingdom’s gaming industry growth.

The Ministry of Investment in Saudi Arabia has signed a Memorandum of Understanding (MoU) with Wemade Co., a leading gaming company based in South Korea, to provide strategic and technical support to gaming companies operating in the Kingdom.

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