Banking & Finance
Ahead of the country’s 51st National Day
FIFA, soccer, and fans are big winners
Dubai is consistently the highest-ranked financial centre in MEASA
2 out of 5 North African mega investments in 2022 went to Maghreb region
Insurance companies are competing to remain relevant
Swiss bank sees deposit exits, expects $1.6 billion loss
Increasing by $1 bn over the previous World Cup edition
Oil revenues recorded about $52.7 bn
Budget widens for the second month in a row
Shuaa Capital, GCICO were able to return to profitability
By raising capital and purchasing shares from main owners
Company's 9-month profits are close to last year's full returns
Expected to be reduced after reaching agreement with IMF
6.7 billion riyals of the company's profits in 9 months
Following discussions about acquiring stakes in Egyptian companies
On continued momentum in strategic direct and indirect acquisitions
Organizations are rethinking conventional business processes, practices
Driven by robust economic activity, higher interest rates
Total value of such payments amounted to 3.2 billion dinars
Move will support the firm in its expansion plans across ME
Amid ramp up and execution of its growth strategy
