ABU DHABI: Moody’s Ratings has forecast that the profitability of Islamic banks in Gulf Cooperation Council (GCC) countries will remain strong over the next 12 to 18 months.
In its report today, the agency attributed the strong profitability of Gulf …
CAIRO: Agthia Group held its General Assembly Meeting today, where shareholders endorsed the board’s proposal for a dividend of 10.31 fils per share, totalling AED 85.7 million for the first half of 2024.
This marks a 25 percent year-on-year increase…
China’s central bank conducted 160.8 billion yuan (about US$22.58 billion) of seven-day reverse repos at an interest rate of 1.7 percent Thursday.
Xinhua News Agency quoted the People’s Bank of China as saying that the move aims to keep liquidity re…
Engineer Saeed Al-Hasiki, a researcher at King Abdulaziz University, has developed an innovation to mitigate extreme heat in Jeddah’s urban areas, winning the American Society of Landscape Architects (ASLA) award.
His findings focus on the interacti…
In its ongoing efforts to promote preventive healthcare, the Ministry of Health is running a campaign to provide seasonal flu vaccinations at primary healthcare centers across the Kingdom. Appointments can be scheduled through the Sehhaty app.
The m…
Local authorities in Los Angeles issued mandatory evacuation orders for residents of Wrightwood and Mount Baldy counties of the southwestern US, after a massive fire intensified in the city’s heights, destroying dozens of homes and burned about 20,000…
The United Nations Children’s Fund (UNICEF) announced that the education of more than 100,000 school-aged displaced children in the Grand South region of Haiti is at risk. The ongoing wave of violence, particularly in Port-au-Prince and surrounding ar…
The United Nations Children’s Fund (UNICEF) announced that the education of more than 100,000 school-aged displaced children in the Grand South region of Haiti is at risk. The ongoing wave of violence, particularly in Port-au-Prince and surrounding ar…