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Egypt's external debt to GDP ratio reached 39.8 percent in the first quarter, down from 40.5 percent at the end of June 2023
Qatar Airways will expand its reach to 45 destinations across 15 African countries
This growth is driven by technological advancements and changes in the financial sector, leading to greater security and efficiency
The quarter saw a 2.7 percent quarterly increase, adding around SAR46.724 billion to the reserve
The UAE capital’s international financial center saw its AUM grow by 226 percent in H1 2024
The space is competitive and will breed significant innovation in the next few years
Country aims to mobilize over AED 1 trillion in sustainable financing by 2030
This partnership will foster joint initiatives like roadshows, seminars, research collaborations, and training programs
The team's high efficiency, continuous training, and access to advanced technology drive the success
Local currency-denominated sukuk issuance has dropped by 8.8 percent year-on-year, primarily due to lower issuances in Türkiye, Pakistan, UAE and Malaysia
The port operator invested $994 million in capital expenditures during the period
Agreement signing coincides with the 40th anniversary of the establishment of diplomatic relations between the UAE and China
Sharia-compliant financial products are in high demand, with Sukuk issuances exceeding $10 billion in Q2
112 asset and fund managers now operate in ADGM, managing 141 funds
The company has experienced remarkable growth, especially in the East, with a 19 percent increase in tonnage
The company's gross profit for H1 2024 reached $22.86 million, translating to a gross margin of 31 percent
The group’s net profit after tax and minority interest rose 95 percent annually to EGP791 million in Q2 of 2024
Partnership seeks to drive growth, improve operational efficiency and provide comprehensive support to businesses in trade
This translated to total revenue of AED1.1 billion ($299.48 million)
Keeping the customer at the heart of every decision and anticipating their needs will go a long way in building strong relationships with them
S&P expects 2024 to be another profitable year for the GCC region's Islamic and Takaful insurers sector
Bybit supported and advised over 20 startups, helping them establish a foothold in Dubai's dynamic crypto landscape in 2023
This covers the period since the service was launched and until the end of the first half of 2024
The airline achieved a turnover of $449.22 million, a 19 percent increase year-over-year
