Business

Dukhan Bank has reported a net profit of QR1.19 billion for the first nine months of 2026, reflecting a slight increase of 0.1% compared to the same period last year. The bank's total assets rose to QR126.8 billion, marking a…

The market capitalization of banks in the Middle East and Africa surged to $720.32 billion by the end of September 2026, according to data from S&P Global Market Intelligence. This marks an increase from $700.95 billion just three months prior,…

DP World has secured a 10-year extension for its concession to operate the multi-purpose container terminal at the Port of Luanda, Angola, extending the agreement until 2051. This development is part of the company's strategy to enhance its investments in…

Fitch Ratings has affirmed Ras Al Khaimah’s long-term credit rating at A+ and revised its economic growth forecast for 2026 to 1.5%, a notable shift from an earlier projection of a 1.8% contraction. This adjustment reflects stronger-than-expected economic resilience in…

Turkiye's annual inflation rate decreased to 29.73% in September, down from 31.51% in August, marking the first time it has fallen below 30% since November 2021. This significant drop, reported by the Turkish Statistical Institute, reflects a month-on-month increase of…