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Alpha Dhabi Holding H1 net profit hits $1.8bn

Alpha Dhabi Holding has reported a net profit of AED6.6 billion ( 1.8 billion) for the first half of 2025. Adjusted EBITDA rose to AED8.7 billion marking a 34 percent increase compared to the same period...

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UAE telco e& revenue soars to $9.2bn in H1; net profit up 60pc

UAE telcom group & today (July 31) announced solid results for the first half of the year with a consolidated revenue of AED34.9 billion ( 9.2 billion) up 23.3% over the same period last year reporting...

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UAE's non-oil foreign trade surges in H1, hits $462bn, says report

The UAE has achieved historic figures in non-oil foreign trade during the first half of 2025 with a growth rate exceeding 24.5% reported Wam citing a senior minister. Dr Thani bin Ahmed Al Zeyoudi Minister...

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GCC nominal GDP hit $587.8bn in Q4 2024

The nominal Gross Domestic Product (GDP) of the Gulf Cooperation Council (GCC) countries reached 587.8 billion by the end of the fourth quarter of 2024 up from 579 billion at the end of the fourth quarter...

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Zain Bahrain's H1 revenue hits $109m; net profit up 4.8pc

Zain Bahrain a leading telecommunications industry innovator in the kingdom has reported a revenue of BD41.25 million ( 109 million) for the first six months up 7.3% compared to the previous year s figure...

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UAE bank credit rises to $615bn in April

The UAE s total bank credit rose by 0.9% to exceed AED2.259 trillion ( 615 billion) at the end of April compared to AED2.240 trillion at the end of March according to the Monetary and Banking Developments...

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Governata to offer AI-driven data governance solutions

Governata Saudi Arabia s first enterprise Data Management Platform has been officially launched to provide Artificial Intelligence (AI)-driven solutions in data governance and decision-making for both...

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Citi Bahrain expands its global technology hub in Manama

Citibank NA Bahrain Branch (Citi Bahrain) has announced the expansion of its Global Technology Hub in Manama adding a new state-of-the-art floor to its facilities. This pivotal milestone aligns with Citi...

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Saudi Arabia records 3.9pc real GDP growth in Q2

Saudi Arabia s real gross domestic product (GDP) grew by 3.9% in the second quarter of 2025 compared to the same period in 2024 reported SPA citing data from General Authority for Statistics in Saudi Arabia....

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Beyon's revenue surges 9pc in H1; net profit hits $93m

Leading Bahrain technology group Beyon has delivered solid results for the first six months of 2025 with its revenue surging by 9% to hit BD242.8 million ( 644 million) while its net profit attributable...

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Turkish Airlines seals landmark A350 finance deal with DIB

Turkish Airlines the national flag carrier of Türkiye said it has successfully executed an innovative financing transaction for an Airbus A350 aircraft with Dubai Islamic Bank (DIB). The transaction marks...

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Zain Bahrain's H1 revenue hits $109m; net profit up 4.8pc

Zain Bahrain a leading telecommunications industry innovator in the kingdom has reported a revenue of BD41.25 million ( 109 million) for the first six months up 7.3% compared to the previous year s figure...

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Emirates NBD income surges 12% to $6.51bn

Emirates NBD s income surged 12% to AED23.9 billion ( 6.51 billion) in the first half of 2025 on strong loan growth regional expansion and innovative product offering. Lending increased by AED41 billion...

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DP World unlocks $1bn to reshape global trade finance

DP World has announced that it has achieved a major milestone with its key unit - DP World Trade Finance - mobilising over 1 billion in working capital for businesses across emerging markets thus helping...

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Benefit increases daily transfer limit via Fawri+ to BD3,000

Benefit the Kingdom of Bahrain s innovator and leading company in fintech and electronic financial transactions service has announced an increase in the maximum daily transfer limit for Fawri accountholders...

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BTECH, WorkSmart join hands for key Bahrain tech events

The Bahrain Technology Companies Society (BTECH) has signed a MoU with WorkSmart Events Management to co-organize the thirteenth edition of the MEET ICT Conference and the Bahrain International Technology...

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