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Bahrain Business: Bahrain-listed companies report second best profit growth in GCC

Bahrain Business: Bahrain-listed companies report second best profit growth in GCC
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Earnings reportKuwait based kamco

GCC banking sector profits surpass pre-pandemic levels

Profits of the GCC banks surpassed the pre-pandemic levels and reached another record level of nearly US$45bn during 2022.

Saudi arabiaSilicon valley bankKuwait based kamcoKamco investment

UAE drives GCC real estate deals surge to $143 1b - News

Dubai and Abu Dhabi combined contributed to over 48 per cent of the aggregate value transacted, while Saudi added 35.6 per cent to the region’s transactions

Saudi arabiaUnited arab emiratesAr riyaAbu dhabiSaudi real estate refinance companyKuwait based kamcoAbu dhabiReal estate

Saudi benchmark index falls marginally as investor sentiment flickers: Closing bell

RIYADH: The Tadawul All Share Index on Sunday closed marginally lower by 38.74 points or 0.38 percent to close at 10,251.68 points after touching a peak of 10,316.61 at 10:44 a.m. Saudi time, riding on the uncertainty that has clouded investor sentiment in the past few months. The advance-decline ratio reflected the sentiment, with 104 stocks of the listed 220 heading

Yanbu industrial cityAl madinahSaudi arabiaAr riyaSaudi arabianPritish devassyRaed mohamed diabSaudi basic industries corpChina petroleum chemical corpSaudi paper manufacturing coSaudi arabian mining coSaudi arabian oil coTadawul all share indexKuwait based kamcoSaudi paper manufacturingBasic industries

GCC banks witness initial positive effects of higher interest rates

The GCC banking sector has witnessed the initial positive effects of higher interest rates implemented by the GCC central banks following the rate hikes in the US.

Saudi arabiaKuwait based kamcoKamco investment

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