Saturday, September 19, 2026
Today’s News
Saturday, September 19, 2026
Business
Emaar Properties’ Earnings in H1-24 Amount to Dhs 14.4 Billion
In the first half of 2024, Emaar Properties reported Dhs14.4 billion ($3.9 billion) in total revenue and Dhs7.8 billion ($2.1...
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Rent in the UAE: Record Occupancy Rates in some Communities, but Waiting Lists in Others
Some residential communities in Abu Dhabi are experiencing record-breaking occupancy levels, and some properties—particularly those in the prime and luxury...
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Top Saudi Banks Saw a 17% Increase in Earnings to $5.2 Billion in Q2
RIYADH: In the second quarter of 2024, the top 10 listed banks in Saudi Arabia witnessed an increase in earnings...
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US Electric Vehicle Manufacturer Lucid Group Receives $1.5 Billion from PIF
RIYADH: The Saudi Arabian Public Investment Fund affiliate Ayar Third Investment Co., the majority shareholder of US automaker Lucid Group,...
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Strengthen Reports Income Growth of 10.3% in the First Half of 2024
The largest district cooling services provider in the world, Emirates Central Cooling Systems Corporation PJSC (Empower), released its financial results...
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For the Ruwais LNG Project, ADNOC and Osaka Gas of Japan Sign a Long-term Heads of Agreement
ADNOC today announced the signing of a long-term Heads of Agreement (LNG agreement) with Osaka Gas, one of the biggest...
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Glencore Will Settle the Swiss Bribery Probe by Paying $152 Million
Glencore announced on Monday that it would pay roughly $152 million in fines and compensation after Swiss authorities determined that...
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Bank Loans in Saudi Arabia Rise by 11% to $734 Billion
RIYADH: According to official data, Saudi Arabia's banking sector loans increased to SR2.75 trillion ($733.82 billion) in June, representing an...
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Saudi Non-Oil Business Activity is Stable, with the July PMI Standing at 54.4
RIYADH: According to an economy tracker, Saudi Arabia's non-oil private sector had strong growth in July, propelled by ongoing demand...
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Drilling Reports from ADNOC Net Profit of $570 Million in H1-24
The second quarter and first half of 2024 saw record financial results for ADNOC Drilling Company, announced today. Due to...
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