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Oman’s Trade Balance Records Surplus of RO 6.9 Billion in November 2023

Muscat: The trade balance of the Sultanate of Oman recorded a surplus of RO 6.9 billion at the end of November 2023, compared to...
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Nama Group’s Financial Performance Increases By 4.7%

Muscat: Nama Group conducted its Annual Press Conference 2020 on 11th May 2021 to present its financial and operational results, in addition to highlighting...
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Microsoft

Microsoft Exceeds Revenue Expectations With 19% Growth in Earnings to $41.7 Billion For Quarter

The Software Titan, Microsoft, reported revenue of whopping $41.7 Billion for Microsoft’s fiscal Third Quarter (Q3) of 2021. This was a record growth of...
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Mideast Markets Are Mixed With Earnings in Spotlight: Inside EM

Mideast Markets Are Mixed With Earnings in Spotlight: Inside EM

(Bloomberg) -- Equity markets in the Middle East were mixed as investors reacted to earnings reports throughout the region. The benchmark in Qatar led losses as...
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Emirates NBD; gulf bank mergers; uae bank

Emirates NBD posts 63% jump in 9-month net profit, appoints new CFO

Dubai’s biggest bank Emirates NBD posted a 63 per cent net profit surge to AED 12.5 billion in the last nine months. The results include a...
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Qatar Airways hits turbulence, reports $639mn net loss for fiscal year 2019

Qatar Airways has registered a net loss of  $639mn for the year to March 2019, in what His Excellency Akbar Al Baker, Group Chief...
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