The net profit of Inma Holding declined by 53.8 percent in the first half of 2023 to reach QR 3.355 million compared to QR 7.276 million riyals during the same period in 2022.The company’s financial statements, published on the Qatar Stock Exchange (QS…
The real gross domestic product (GDP) in the Kingdom of Saudi Arabia increased by 1.1 percent during the second quarter of 2023, compared to the same period of 2022.According to Saudi’s General Authority for Statistics (GASTAT), there was a positive in…
The Social Development Bank (SDB) has received the Asian Banking and Finance Award 2023 for its commitment to empowering small and micro enterprises across the Kingdom of Saudi Arabia via Dulani Business Center, an SDB-affiliate that provides incubatio…
Qatar National Bank (QNB) Group has predicted a recession in the US economy during the upcoming 12 months, pointing out that the US economy continues to demonstrate its resilience despite significant headwinds from high inflation, tighter financial co…
Lesha Bank LLC announced that it has obtained the ISO 9001:2015 and ISO 14001:2015 certifications for its Quality Management System and Environmental Management System, respectively.These certifications stand as a testament to the Bank’s dedication to…
Assistant Director of the Department of Censuses, Surveys and Statistical Methods at the Planning and Statistics Authority (PSA) Saud Matar Al Shammari, expected the final results for the Multiple Indicator Cluster Survey (MICS), which is currently be…
Jordanian exports to the European Union (EU) countries grew by 23.4 per cent during the first five months of 2023 to reach about JOD 136 million compared to about JOD 110 million for the same period last year.According to Jordan News Agency (Petra), fo…
The Central Bank of Jordan has decided to hike interest rates 25 basis points, effective from July 30.In a statement today, the bank confirmed its careful monitoring of all monetary, banking, and economic developments, adding that it will take necessa…
Saudi Minister of Environment, Water and Agriculture Eng. Abdulrahman bin Abdulmohsen Al-Fadhli has stressed the Kingdom of Saudi Arabia’s commitment to and support for international efforts to build food systems that contribute to achieving sustainabl…
Minister of Agriculture and Agrarian Reform, Mohamed Hassan Qatana underlined the importance of expanding the scientific and applied research and benefiting from study centers to avoid severe environmental, social and economic crises that we are facing…