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The solid performance is attributed to ADNIC's strong underwriting discipline and substantial growth in key metrics
The deal aims to expedite AI innovation, cultivate cutting-edge energy and industry solutions
This represents a 34 percent increase compared to the net profit of $145.1 million achieved during the same period last year
Cash flow from operating activities stands at $33.59 billion
Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement
The strong financial performance across the group during Q1 '24 was highlighted by a record revenue of $3.86 billion
Non-oil economy will continue to grow with increased government investments in Vision 2030 projects
The Minister promoted investment and private sector activities in agricultural industrialization with 341 technological centers
The cofinancing will support projects that include climate change, transportation, energy, agriculture, ICT
Total private bids amounted to QAR5.4 billion
Interest rate cuts by the Fed, expected earlier this year, have been delayed due to stubbornly high inflation
Real estate transactions, demand and prices in Dubai witnessed a surge in recent years
UAE banks' monetary base expanded 2.7 percent monthly to AED688.7 billion in February
The payment solution is now available at multiple locations across the UAE
Eligible companies to obtain interest-free loans of a maximum of AED300,000
The bonds comprised three tranches and have three different maturity periods
The stake includes the shares currently owned by Canadian pension fund Caisse de dépôt et placement du Québec
The 100k mark is simply a matter of when, not if
The industry attracted $16.6 billion in new investments, with a focus on equity and event-driven hedge fund strategies
Rain-damaged vehicles and homes are covered by insurance companies
Failure to comply with the deadlines could result in administrative penalties
Total deposits see impressive 8.3 percent annual surge
The acquisition will make ADNIC one of the Tier-1 listed insurers in Saudi Arabia
Region must tackle important structural reform agenda to ensure peace and stability
