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Organisations in UAE, KSA 'lose $2.3m a year to cloud breaches'Inadequate cloud security practices are leaving organisations in the UAE and KSA susceptible to data breaches, according to new research from Illumio. The Illumio Cloud Security Index found that 54% of br More… |
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Cenomi Retail’s YTD revenues slide 5.5pc to $1.13bnCenomi Retail, Saudi Arabia’s pioneering retail brand partner, has seen its year-to-date (YTD) revenues slide 5.5% to SR4.22 billion ($1.13 billion) on consumer spending slowdown in the third quarter. More… |
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Cenomi Retail’s YTD revenues slide 5.5pc to $1.13bnCenomi Retail, Saudi Arabia’s pioneering retail brand partner, has seen its year-to-date (YTD) revenues slide 5.5% to SR4.22 billion ($1.13 billion) on consumer spending slowdown in the third quarter. More… |
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Saudi group East Pipes posts quarterly loss; but outlook brightEast Pipes Integrated Company for Industry, a top manufacturer of helical submerged arc welded (HSAW) pipes in Saudi Arabia, has posted a net loss of SR19 million ($5.06 million) for its first-quarter (Q1) of its current financial year (2023-2 More… |
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Saudi group East Pipes posts quarterly loss; but outlook brightEast Pipes Integrated Company for Industry, a top manufacturer of helical submerged arc welded (HSAW) pipes in Saudi Arabia, has posted a net loss of SR19 million ($5.06 million) for its first-quarter (Q1) of its current financial year (2023-2 More… |
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Bahrain Mumtalakat swings to $120m net profit for FY 2021Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the kingdom, has recorded a net profit of BD45.6 million ($120 million) for FY 2021, its highest since inception, compared to a net loss of BD550.7 million ($1.45 bi More… |
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Bahrain Mumtalakat swings to $120m net profit for FY 2021Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the kingdom, has recorded a net profit of BD45.6 million ($120 million) for FY 2021, its highest since inception, compared to a net loss of BD550.7 million ($1.45 bi More… |
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Fawaz Abdulaziz Alhokair reports top line growth in final quarterFawaz Abdulaziz Alhokair Co, the leading franchise retailer in Saudi Arabia, has announced its results for the fourth quarter and full year ended March 31, 2021, reporting revenues of SR1.13 billion ($301.9 million) for the final quarter and a More… |
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Fawaz Abdulaziz Alhokair reports top line growth in final quarterFawaz Abdulaziz Alhokair Co, the leading franchise retailer in Saudi Arabia, has announced its results for the fourth quarter and full year ended March 31, 2021, reporting revenues of SR1.13 billion ($301.9 million) for the final quarter and a More… |
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Bahrain's Venture Capital Bank trims Q2 loss by 79pcVenture Capital Bank (VCBank), the Bahrain-based Islamic Bank, has reported a net loss of $1.795 million for the second quarter of 2020-2021, in comparison with a net loss of $43.497 million (restated) during the same period of the previous ye More… |
