Search
Close this search box.
Search
Close this search box.
Search
Close this search box.

Business

Jordan’s agricultural exports surge 25% in Jan-May 2024

Amman, Khaled Hunaifat, the Minister of Agriculture of Jordan, announced on Sunday that the national agricultural exports have reached half a billion Jordanian dinars, reflecting a 25.3 percent increase by the end of May compared to the same period in…

Dubai welcomes record 9.31 million visitors in H1 2024

Dubai, Dubai welcomed 9.31 million international overnight visitors from January to June 2024, a 9 percent increase over the 8.55 million tourist arrivals in the first half of 2023, according to data published by the Dubai Department of Economy and To…

Bahrain All Share Index marks 1,970.11 points

Manama, Bahrain All Share Index has closed at 1,970.11 points, marking a decrease of 5.00 points below the previous closing.

This decrease was due to the drop in the consumer discretionary sector and the financial sector.

Bahrain Islamic Index has c…

Commercial Bank of Kuwait reaps USD 207 mln in H1 2024

The Commercial Bank of Kuwait posted KD 62.7 million (USD 207 million) worth of net profits in H1 2024 with a profit per share at 34.9 fils.

Chairman Sheikh Ahmad Duaij Al-Sabah said in a press statement on Saturday that the operational profits befor…

Al-Ahli Bank of Kuwait achieves KD 29 mln net profits in H1 2024

Al-Ahli Bank of Kuwait announced on Saturday that it achieved net profits of KD 29.06 million (around USD 95.8 million) in the first half of 2024, a growth of 22 percent year-on-year, with earnings per share at 12 fils. The Al-Ahli Bank Group said in …

US to invest USD 400 mln in semiconductor manufacturing

The US Department of Commerce said Friday that it signed a non-binding preliminary memorandum of terms (PMT) with Amkor Technology, Inc., to provide up to USD 400 million in proposed direct funding under the CHIPS and Science Act.

President Biden sig…