August 13, 2024

ABU DHABI: The IPO market in the Middle East and North Africa (MENA) region remained resilient during the second quarter of this year, with 14 IPOs registering total proceeds of US$2.64 billion, up 45.3 percent compared to the same period last year.

…

The official price of Oman oil Tuesday, for delivery in October, reached $80.03, up by $1.31, compared to yesterday’s price (Monday) of $78.72.

The monthly average price of Omani crude oil for delivery in August reached $82.50 per barrel, down by $1….

ABU DHABI: Credit facilities provided by the UAE national banks to the private sector reached AED49.5 billion during the first five months of 2024, raising the cumulative total to AED1.182 trillion at the end of May, up from AED1.132 trillion at the e…

QNB Group, the largest financial institution in the Middle East and Africa, has been recognized by Global Finance Magazine as The World’s Best Bank for Emerging Markets in 2024, recognizing its market-leading capabilities and robust presence in these …

DUBAI: Yalla Group Limited (Yalla Group), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its financial results for Q2 2024, logging over AED587.3 million (US$159.9 million) in revenue…

ABU DHABI: The Telecommunications and Digital Government Regulatory Authority (TDRA) announced the launch of the operational stage of the ICT Regulatory Sandbox to ensure an appropriate legislative response to newly introduced products and services to…

The Qatar Stock Exchange (QSE) closed lower on Tuesday with the index losing 22.120 points, or 0.22 percent, to reach 10,071.4 points.

During the session, 118,883,863 shares were traded, with a total value of QR 303,234,099.653, in 13,767 transaction…

BEIJING: As Air China has finished test flights for its first C919 aircraft, the three major domestic airlines are at a promising stage for commercial operations of the home-made aircraft, Global Times reported.

The C919 has reportedly received posit…