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Riyadh Cables posts 7% jump in revenueRiyadh Cables, which posted another stellar quarterly performance with revenue up 7% and gross profit up 14%, has been upgraded by Al Rajhi Capital Research from neutral to overweight with take-profit (TP) price of SR115 ($30.7) per share.&nbs More… |
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Riyadh Cables posts 7% jump in revenueRiyadh Cables, which posted another stellar quarterly performance with revenue up 7% and gross profit up 14%, has been upgraded by Al Rajhi Capital Research from neutral to overweight with take-profit (TP) price of SR115 ($30.7) per share.&nbs More… |
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EMEA real estate gets Fitch Ratings upgradeLeading ratings agency Fitch has changed its sector outlook for Europe, Middle East and Africa (EMEA) real estate from deteriorating to neutral, thus reflecting a largely complete recalibration of asset values to higher interest rates and impr More… |
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AD Ports locks 20-year deal to operate, upgrade Luanda PortAD Ports Group has signed deals with Unicargas and Multiparques leading to securing a 20-year concession with the Luanda Port Authority for the operation and upgrade of the Luanda multipurpose port terminal in Angola. More… |
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RTA awards $191m contract for Al Khail Road upgrade projectDubai's Roads and Transport Authority (RTA) has awarded a contract worth AED700 million ($191 million) for Al Khail Road Improvement Project. This project scope includes the construction of bridges spanning More… |
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GE Vernova completes upgrade of 4 gas turbines at Kuwait plantGE Vernova, a purpose-built global energy company based in US, has announced that it has successfully completed the work on the modernization of four gas turbines at the Sabiya Combined Cycle Power Plant in Kuwait, thus boosting its effi More… |
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GE Vernova completes upgrade of 4 gas turbines at Kuwait plantGE Vernova, a purpose-built global energy company based in US, has announced that it has successfully completed the work on the modernization of four gas turbines at the Sabiya Combined Cycle Power Plant in Kuwait, thus boosting its effi More… |
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Nissan introduces new 2024 Nissan Sunny in the Middle EastBuilding on the longstanding success of the popular sedan, Nissan has introduced the new 2024 Nissan Sunny in the Middle East, strengthening its appeal with a host of aesthetic and technological upgrades. More… |
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UAE residents can access over 100 MOCCAE services in 4 minutesThe Ministry of Climate Change and Environment (MOCCAE) has announced it is upgrading the digital services for 103 of its services to bring the average delivery time down to 4 minutes. This is part of the More… |
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Oman upgraded to 'BB+' From 'BB'; outlook stable: S&PS&P Global Ratings has raised its long-term foreign and local currency sovereign credit ratings on Oman to 'BB+' from 'BB'. “We affirmed the short-term ratings at 'B'. Th More… |
