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RAK Ceramics Q3 net profit after tax slumps 33.3pc to $15.22mRAK Ceramics, one of the largest ceramics and porcelain lifestyle solutions providers in the world, has seen its third-quarter (Q3) net profit after tax slump 33.3% YoY to AED55.9 million ($15.22 million). More… |
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RAK Ceramics Q3 net profit after tax slumps 33.3pc to $15.22mRAK Ceramics, one of the largest ceramics and porcelain lifestyle solutions providers in the world, has seen its third-quarter (Q3) net profit after tax slump 33.3% YoY to AED55.9 million ($15.22 million). More… |
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Americana 9M net slumps 48.2pc to $117.4m, revenue at $1.61bnAmericana Restaurants International, the largest dining and quick service restaurant operator in Mena and Kazakhstan, has seen its nine-month (9M) attributable net slump 48.2% to $117.4 million as revenue fell 15.2% to $1.61 billion. More… |
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Americana 9M net slumps 48.2pc to $117.4m, revenue at $1.61bnAmericana Restaurants International, the largest dining and quick service restaurant operator in Mena and Kazakhstan, has seen its nine-month (9M) attributable net slump 48.2% to $117.4 million as revenue fell 15.2% to $1.61 billion. More… |
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Global wealth growth back at 4.2% offsetting 2022 slumpPeople around the world are getting progressively wealthier – and that doesn’t just apply to those who already own great wealth. Upward wealth mobility is expected to become more pronounced by 2030 and, further out, signs of a hori More… |
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GCC Bonds and Sukuk issuances slump 22pc in Q1 to $28.3bnPrimary debt issuances in the GCC were off to the slowest start in three years during the first quarter of the year due to the tightening of monetary policy as well as continued macro volatilities, said Kuwait Financial Centre (Markaz) More… |
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Mena M&A ‘transaction value slumps 65pc, hit $8.3bn in Q1’The value of announced M&A (mergers and acquisitions) transactions with any Mena involvement slumped yoy 65% reaching $8.3 billion during the first quarter of 2023. Saudi Arabia was the most targeted nation, followed by UAE and Egy More… |
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Mena M&A ‘transaction value slumps 65pc, hit $8.3bn in Q1’The value of announced M&A (mergers and acquisitions) transactions with any Mena involvement slumped yoy 65% reaching $8.3 billion during the first quarter of 2023. Saudi Arabia was the most targeted nation, followed by UAE and Egy More… |
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Global sukuk's slump to slow but not stop in 2023: S&PS&P Global Ratings believes that global sukuk issuance volumes will continue declining this year to total about $150 billion, compared with $155.8 billion in 2022 and $170.4 billion in 2021, according to a new report. More… |
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Mena construction sector faces severe slumpThe construction sector in Middle East and North Africa is experiencing a severe slump this year and faces headwinds in 2021 with a slow recovery, but the pace of recovery will be uneven across countries in the region, according to GlobalData, More… |
