business

Bahrain’s economy posts solid 3.3 percent growth, lifting Q1 2024 GDP to $9.55 million

The oil sector grew by 3.4 percent and the non-oil sector by 3.3 percent at constant prices

Dubai TECOM Group’s net profit rises to $164.17 million, revenue surges 9 percent to $299.48 million

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

Dubai’s DEWA sees over 6.7 million digital transactions in H1 2024, up 11 percent

Customers carried out over 1.1 million digital transactions through the authority's website

UAE gross bank assets surge over 10.8 percent to $1.16 trillion in May 2024

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

China’s maritime economy generates $678.55 billion in H1 2024, up 5.6 percent YoY

The sea area designated for use grew by 16.9 percent YoY, with ¥500 billion in projects

Oil prices head for fourth week of losses as demand worries outweigh supply risks

Brent oil futures for October delivery rose 0.4 percent to $79.84 per barrel

UAE’s Alpha Dhabi Holding reports $1.82 billion net profit, $7.97 billion revenue in H1 2024

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