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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…

Turkey to offer $30 billion in high-tech incentives

Istanbul, His Excellency Recep Tayyip Erdogan, President of the Republic of Trkiye, announced that Trkiye will provide $30 billion in financial grants and tax incentives for high-tech investments.

His Excellency unveiled the high-tech incentives prog…

Gulf Air signs an agreement with GAPTU

Paris, Gulf Air, the national carrier of the Kingdom of Bahrain, announced that it has signed a Collective Labour Agreement with the Gulf Air Pilots Trade Union (GAPTU). The agreement settles a longstanding dispute over pilot employment terms and allo…

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…