business

Dubai’s Mashreq Bank reports 4 percent increase in net profit to $2.45 billion in 2024

The bank's net profit before tax reached $2.7 billion, marking a 12 percent rise

Oil prices rise 0.4 percent to $77.21, head for weekly losses with focus on Trump tariffs and PCE data

Attention focused on key U.S. PCE inflation data later today for clues on interest rates

Markets surge after ECB cuts interest rates for fifth time to 2.75 percent

Eurozone stagnation due to industrial recession leads ECB to continue its easing trajectory

Saudi Arabia’s real GDP sees 4.4 percent growth in Q4 2024, highest in two years

In 2024, Saudi Arabia’s economy rebounded, with real GDP increasing by 1.3 percent year-over-year

Qatar-Oman trade volume surpasses $1.8 billion in 2024, says minister

Bilateral meetings aimed to explore collaboration and investment opportunities between Qatari and Omani companies

Qatar’s Ooredoo Group to build submarine cable connecting seven GCC countries

The FIG project will provide GCC nations a secure, low-latency route connecting Europe with 720Tbps capacity

INTERPOL to establish MENA regional office in Saudi Arabia

The signing followed a meeting where Prince Abdulaziz and the INTERPOL president discussed mutual interests

Sheikh Maktoum prioritizes financial sustainability to reinforce UAE’s global investment status

H.H.: "We remain committed to adopting the best global financial management practices"

Dubai unveils two toolkits for resolving family business conflicts

The first toolkit highlights genograms for understanding relationships

Oil prices rise 0.2 percent to $76.71 as traders absorb hawkish Fed signal, Trump tariffs

West Texas Intermediate crude futures climbed 0.3 percent to $72.81 a barrel