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Expenditure amounted to $61.25 billion, with a budget deficit of 3.6 percent

The aggregate amount of royalty payable by the e& group in the first half of 2024 reached $748.43 million

The deal includes a $750 million convertible preferred investment and a $750 million unsecured term loan

The company earned $116.52 million in profit before tax, a 6.3 percent increase from the same period in 2023

In April 2024, CBUAE's gold reserves reached $5.54 billion

The start of Q3 saw both output and new orders expand to a lesser degree

Challenges remain in education, housing, and hotels

Total foreign assets of both the CBE and commercial banks reached EGP3.634 trillion in June

The value of cheques cleared using the ICCS reached AED544.4 billion, distributed over 9.33 million cheques during the first five months of 2024

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The Group's top-line growth contributed to a 9 percent YoY surge in EBITDA, which reached $243.94 million

Gross credit grew 0.7 percent from AED2.063 trillion in April 2024 to $565.47 billion

Central bank issued an addition to an existing issue worth QAR500 million for a period of 28 days at an interest rate of 5.7954

The two countries agreed to develop economic partnership

Net profit from operations also surged to $1.38 billion, marking a 92 percent year-on-year increase

The growth is due to strong investor interest in recent high-profile listings like Parkin and Spinneys

The surplus was directed towards reducing public debt, and therefore there is no cash surplus

The UAE and Saudi Arabia reported 94 deals, accounting for 61 percent of the overall domestic M&A deal volume

The Federal Open Market Committee also noted that job gains have moderated

Data showed that the bank's net foreign assets in June were around SAR1.670 trillion

Higher sales and cost efficiencies drove the company's highest-ever production volumes

This represents a year-on-year surge of 333 percent

Over 370 wealth and asset management firms, including more than 50 pure-play hedge funds, are now based in the Centre

This translates to an adjusted profit before tax margin of 70 percent, up by 4 percentage points from H1 2023