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Economy

Saudi banks report 24% profit growth amid strong non-interest incomeÌý

Saudi banks report 24% profit growth amid strong non-interest incomeÌý

  • Increase in banks’ profits is primarily attributed to a combination of favorable factors that highlight the sector’s strength and ability to adapt
  • Third quarter of 2024 marked a significant turning point, with non-interest income playing a pivotal role
By Dayan Abou TineÌý ·
¶¶Òõ¶ÌÊÓƵ strengthens food security with trout farming breakthrough

¶¶Òõ¶ÌÊÓƵ strengthens food security with trout farming breakthrough

By REEM WALIDÌý ·
¶¶Òõ¶ÌÊÓƵ inaugurates Yanbu Grain Terminal to boost food security, trade

¶¶Òõ¶ÌÊÓƵ inaugurates Yanbu Grain Terminal to boost food security, trade

By Nadin Hassan ·
Terminal 4 at Cairo International Airport to boost Egypt’s aviation and tourism sectors

Terminal 4 at Cairo International Airport to boost Egypt’s aviation and tourism sectors

By ÌýMIGUEL HADCHITY ·
‘Paradigm shift’ as GCC urban population to surge 30% by 2030: Arthur D. Little

‘Paradigm shift’ as GCC urban population to surge 30% by 2030: Arthur D. Little

By Nirmal Narayanan ·
UAE’s ADNOC boosts drilling capabilities with 2 new jack-up rigs

UAE’s ADNOC boosts drilling capabilities with 2 new jack-up rigs

By MOHAMMED AL-KINANI ·
Oil Updates — prices stable as data offsets surplus concerns

Oil Updates — prices stable as data offsets surplus concerns

By REUTERSÌý ·
Startup Of the Week
Tech-savvy Saudis push consumer fintech to new heights
Tech-savvy Saudis push consumer fintech to new heights
Startup Wrap – Saudi firms continue to lead regional activity
Startup Wrap – Saudi firms continue to lead regional activity
Startup Wrap – Regional startups across diverse sectors continue to raise funds
Startup Wrap – Regional startups across diverse sectors continue to raise funds
¶¶Òõ¶ÌÊÓƵ to welcome Middle East’s first TRIBE hotel in King Salman Park

¶¶Òõ¶ÌÊÓƵ to welcome Middle East’s first TRIBE hotel in King Salman Park

By Nirmal Narayanan ·
Closing Bell: Saudi main index closes in green, reaches 11,949 points

Closing Bell: Saudi main index closes in green, reaches 11,949 points

By NOUR EL-SHAERIÌýÌýÌý ·
Closing Bell: Saudi main index slips to close at 11,849

Closing Bell: Saudi main index slips to close at 11,849

By REEM WALIDÌý ·
¶¶Òõ¶ÌÊÓƵ accelerates digital transformation with new transport initiatives

¶¶Òõ¶ÌÊÓƵ accelerates digital transformation with new transport initiatives

By Nour El-Shaeri ·
Saudi flyadeal records lowest complaint in November, 99% resolution rate: GACA

Saudi flyadeal records lowest complaint in November, 99% resolution rate: GACA

By REEM WALIDÌý ·
Six initiatives unveiled to strengthen Saudi-Yemeni economic ties

Six initiatives unveiled to strengthen Saudi-Yemeni economic ties

By Miguel Hadchity ·

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Latest updates

¶¶Òõ¶ÌÊÓƵ to welcome Middle East’s first TRIBE hotel in King Salman Park
¶¶Òõ¶ÌÊÓƵ to welcome Middle East’s first TRIBE hotel in King Salman Park
Closing Bell: Saudi main index closes in green, reaches 11,949 points
Closing Bell: Saudi main index closes in green, reaches 11,949 points
¶¶Òõ¶ÌÊÓƵ inaugurates Yanbu Grain Terminal to boost food security, trade
¶¶Òõ¶ÌÊÓƵ inaugurates Yanbu Grain Terminal to boost food security, trade
UAE’s ADNOC boosts drilling capabilities with 2 new jack-up rigs
UAE’s ADNOC boosts drilling capabilities with 2 new jack-up rigs
Terminal 4 at Cairo International Airport to boost Egypt’s aviation and tourism sectors
Terminal 4 at Cairo International Airport to boost Egypt’s aviation and tourism sectors

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