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Press Dossier   By Date  26/10/2023
Saudi Arabia’s merchandise exports rise by 11.3% in August to $27.19bn
Saudi Arabia’s overall merchandise exports surged 11.3 percent to reach SR102.4 billion ($27.19 billion) in August compared to July, according to the General Authority for Statistics.
Saudi Arabia, Finland forge alliance to propel digital economy
The digital economy sector in Saudi Arabia and Finland will open new opportunities and drive innovation, with both nations planning to develop internet-connected technologies.
Thales vows to hire more Saudis as it announces new regional CEO
French aerospace and defense firm Thales has appointed Bernard Roux as its new CEO for Saudi Arabia and Central Asia as the company vowed to increase its number of workers from the Kingdom.
Sharjah Islamic Bank’s net profit grows 35% for the third quarter of 2023
Sharjah Islamic Bank (SIB) on Wednesday announced a 35 per cent increase in its net profit, reaching Dh767.3 million for the nine-month period ending on September 30, 2023, compared to Dh568.6 million for the same period in the previous year.
Abu Dhabi Islamic Bank reports 53% surge in 9-month net profit
Abu Dhabi Islamic Bank on Wednesday reported a 53 per cent growth in net profit for the first nine months of 2023 to Dh3.75 billion from Dh2.5 billion in first nine months of 2022. Net profit for Q3 2023 reached Dh1.4 billion with 41 per cent growth versus Q3 2022.
Commercial Bank of Dubai reports 46.4% rise in 9-month net profit
Commercial Bank of Dubai on Wednesday announced a record net profit of Dh1.936 billion for the first nine months of 2023, up 46.4 per cent compared to the corresponding period in 2022.
KU signs MoU with KOC on healthcare
The Medical Sciences Center of Kuwait University (KU) on Wednesday signed a memorandum of understanding with Kuwait Oil Company (KOC), aiming to exchange expertise and boost partnership in the healthcare field.
stc reports KD 259.8m revenues for first 9M of 2023 with KD 24.4m net profit
Kuwait Telecommunications Company (stc), a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait
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