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Q4

Kuwait’s GDP falls 4.4pc in Q4 2023: NBK Research

Preliminary estimates from National Bank of Kuwait (NBK) Economic Research show the Kuwait’s GDP declined by 4.4% y/y in Q4 2023, easing slightly on Q3’s outcome of -5.8%.   The oil sector remained co

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Saudi investment funds' assets surge to $33bn in Q4

The assets of local and foreign investment funds in the Saudi market totalled SR122.578 billion ($33 billion) at the end of the fourth quarter (Q4) of 2023, marking a 5% growth from the previous quarter.   

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Arabian Drilling posts all-time record revenue of $930m in 2023

Arabian Drilling, a leading national onshore and offshore drilling contractor in Saudi Arabia, has posted an all-time high record revenue of SR987 million and SR3.48 billion ($930 million), for the Q4 2023 and full-year 2023 respective

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Arabian Drilling posts all-time record revenue of $930m in 2023

Arabian Drilling, a leading national onshore and offshore drilling contractor in Saudi Arabia, has posted an all-time high record revenue of SR987 million and SR3.48 billion ($930 million), for the Q4 2023 and full-year 2023 respective

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Aramex Q4 2023 net profit doubles to $21m

Aramex, a leading global provider of logistics and transportation solutions has seen its fourth-quarter (Q4) 2023 net profit more than doubled to AED77 million ($21 million) compared to Q4 2022, driven by a growth in EBITDA.  

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Aramex Q4 2023 net profit doubles to $21m

Aramex, a leading global provider of logistics and transportation solutions has seen its fourth-quarter (Q4) 2023 net profit more than doubled to AED77 million ($21 million) compared to Q4 2022, driven by a growth in EBITDA.  

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Expo Centre Sharjah sees 63pc rise in exhibitions in Q4

Expo Centre Sharjah sees a total of 18 economic, trade and cultural exhibitions in the fourth quarter (Q4), a significant 63% jump in events compared to the same period in the previous year, when it hosted 11 exhibitions and events. 

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Expo Centre Sharjah sees 63pc rise in exhibitions in Q4

Expo Centre Sharjah sees a total of 18 economic, trade and cultural exhibitions in the fourth quarter (Q4), a significant 63% jump in events compared to the same period in the previous year, when it hosted 11 exhibitions and events. 

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Saudi Arabia real GDP grows 6.7pc in Q4 2021

Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth was to a large extent due to the increase in oil revenues (+10.9% y-o-y), said Al Rajhi Capital Research. 

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Saudi Arabia real GDP grows 6.7pc in Q4 2021

Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth was to a large extent due to the increase in oil revenues (+10.9% y-o-y), said Al Rajhi Capital Research. 

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