As Alef IPO opens, is education going to be next big theme on UAE stock markets?
On DFM, Taaleem is up 45% and Alef Education is ready to for its IPO and an ADX listing
Source: gulfnews.com
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Profits of GCC banks hit record high in Q1
Non-interest income increased by a strong 17.2% during the first quarter
Source: zawya.com
Profits of GCC banks hit record high in Q1
Total net profits for listed banks in the GCC countries reached a new record high during Q1 2023, mainly led by a steep quarterly increase in non-interest income that more than offset a decline in interest income in Qatar and Kuwait.
Source: muscatdaily.com
GCC Project Contracts Surge to $30bln In Q1
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Source: aawsat.com
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.
Source: muscatdaily.com