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Cumulatively, banks recorded a total profit of $9.27 billion in the first five months of 2024
Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion
Brent crude futures for September delivery edged up 0.2 percent to $86.67 per barrel
The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks
Kuwait needs economic reforms for fiscal sustainability and diversifying non-oil revenues, says Minister
E-commerce saw a 17.47 percent yearly increase, reaching 40,697 registrations
The first batch of clubs includes Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba, and Al-Kholood
Exports amounted to approximately 1.22 trillion yuan, up 11 percent, while imports stood at 1.8 trillion yuan
Companies continued to expand employment and the 12-month outlook remained strong
The investment includes $100 million in five-year convertible debentures and $400 million in a five-year loan
A strong expansion in the dominant services industry failed to offset a further deterioration in manufacturing
Oman's tech investments, automation, and supply chain consolidation have driven economic improvement
