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Saudi Arabia’s non-oil exports rise 10.5pc in Q2 2024

Saudi Arabia's non-oil exports increased by 10.5% during the second quarter of 2024, compared to the second quarter of 2023, the General Authority for Statistics (GAS) has announced.   The International Trade

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NBB increases its shareholding in Sico to 21.07pc

The National Bank of Bahrain (NBB) has announced that it has increased its shareholding in Sico from 12.51% to 21.07%.    The NBB Group continues to seek strategic opportunities that contribute to elevating

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Nahdi Q2 revenue rises 10.8pc to $660m

Nahdi Medical Company posted strong revenue growth of SR2.47 billion ($660 million) for the second quarter (Q2) an increase of 10.8% on Q1 2024. For the first half of the year, Nahdi recorded SR4.73 billion in revenue, an increase of 9.1% on H

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Nahdi Q2 revenue rises 10.8pc to $660m

Nahdi Medical Company posted strong revenue growth of SR2.47 billion ($660 million) for the second quarter (Q2) an increase of 10.8% on Q1 2024. For the first half of the year, Nahdi recorded SR4.73 billion in revenue, an increase of 9.1% on H

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Nahdi Q2 revenue rises 10.8pc to $660m

Nahdi Medical Company posted strong revenue growth of SR2.47 billion ($660 million) for the second quarter (Q2) an increase of 10.8% on Q1 2024. For the first half of the year, Nahdi recorded SR4.73 billion in revenue, an increase of 9.1% on H

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Dubai realty transaction value jumps 35.7pc to $33.5bn in Q2

Property transaction value in Dubai for Q2 2024 hit AED123 billion ($33.5 billion), a 35.70% increase compared to Q2 2023, said Springfield Properties, a leading real estate brokerage in Dubai, in its Q2 2024 report.   

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Mena IT spend to grow 5.2pc to $193.7bn in 2024: Gartner

IT spending in the Middle East and North Africa (Mena) region is forecast to total $193.7 billion in 2024, an increase of 5.2% from 2023, according to the latest forecast by Gartner. The annual growth is down from 6.6% growth in 2023.

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Spinneys posts record sales of $222m in Q1 2024

Spinneys, a leading fresh food retailer in the UAE, has seen its Q1 2024 total revenue grow by 10.9% year-on-year to AED815 million ($222 million).    Record sales were driven by strong like-for-like growth,

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Spinneys posts record sales of $222m in Q1 2024

Spinneys, a leading fresh food retailer in the UAE, has seen its Q1 2024 total revenue grow by 10.9% year-on-year to AED815 million ($222 million).    Record sales were driven by strong like-for-like growth,

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Spinneys $375m IPO increases shares in retail tranche

Spinneys 1961 Holding, an operator of premium grocery retail supermarkets, has announced that following high levels of demand it will increase the number of shares allocated to the UAE Retail Offering of its $375 million IPO. &nbs

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