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Economic News

Gulf Markets
18.4 million dinars, “Al-Ahly of Kuwait” profits in the first half

The financial statements of Al Ahli Bank of Kuwait revealed that the bank’s profits in the first hal... Read more

Gulf Markets
Aslak's profits rise 40% in the first half... and distribute 35.1 million riyals in cash

The results of the Union Wire Factories Company revealed that the company’s profits in the first hal... Read more

Gulf Markets
KFH intends to issue 4 billion shares to finance the acquisition of Al Ahli United

Kuwait Finance House “KFH” revealed its intention to issue 4.2 billion shares to finance the full ac... Read more

Gulf Markets
Al-Rajhi Bank profits rise 18% in the second quarter

The financial statements of Al Rajhi Bank showed an increase in the bank’s profits in the second qua... Read more

Gulf Markets
5 Gulf central banks raise interest rates after the Fed's decision

Five central banks in the Gulf countries raised interest rates in response to the US Federal Reserve... Read more

Gulf Markets
Mobily increases its profits by 47.5% in the second quarter 2022

The profits of Etihad Etisalat Mobily increased by 47.5% to reach, after zakat and tax, about 360 mi... Read more

Gulf Markets
Bank Albilad's quarterly profit rises 22.8% to 511 million riyals

The financial results of Bank Albilad revealed that the bank’s profits in the second quarter of this... Read more

Gulf Markets
The profits of the National Bank of Saudi Arabia increased 98% in the second quarter

The profits of the National Bank of Saudi Arabia increased by 98.14% after zakat and tax to about 4.... Read more

Gulf Markets
Beltone Financial expects the Saudi economy to grow by 8.3% in 2022

Beltone Financial expects the Saudi economy to grow by 8.3% in 2022, supported by strong growth in t... Read more

Gulf Markets
Mohammed bin Salman: "NEOM" will be offered for subscription during 2024

Saudi Crown Prince Mohammed bin Salman, chairman of NEOM, said that the NEOM project will mostly go... Read more

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