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Market capitalisation of 20 UAE-listed firms hits $762bn

The market capitalisation of the 20 largest companies listed on the local stock exchanges by market value reached AED2.8 trillion ($762 billion) by the end of this week, with further increases expected in line with the markets' plans to do

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Dubai Chamber helps two firms enter global EV market

Dubai International Chamber has supported the international expansion of two Dubai-based businesses which will launch innovative electric vehicles (EVs) in new markets.    The chamber played a pivotal role i

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Dubai Chamber helps two firms enter global EV market

Dubai International Chamber has supported the international expansion of two Dubai-based businesses which will launch innovative electric vehicles (EVs) in new markets.    The chamber played a pivotal role i

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GCC sees 22pc rise in wealth dealing firms to a record 240

Wealth management firms in the GCC have jumped 22% in 2023 to reach a new record of 240 regulated ones, a new Insight Discovery report says.   The 13th and latest edition of the Middle East Investment Panorama (M

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GCC-listed firms Q2 net falls 6.2pc to $57.9bn: Kamco

GCC-listed firms aggregate net profits fell 6.2% to $57.9 billion in Q2-2023, compared to $61.7 billion in Q1-2023, mainly led by a fall in energy and commodity prices, said Kamco Invest, a regional non-banking financial powerhouse.

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GCC-listed firms Q2 net falls 6.2pc to $57.9bn: Kamco

GCC-listed firms aggregate net profits fell 6.2% to $57.9 billion in Q2-2023, compared to $61.7 billion in Q1-2023, mainly led by a fall in energy and commodity prices, said Kamco Invest, a regional non-banking financial powerhouse.

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GCC-listed firms Q2 net falls 6.2pc to $57.9bn: Kamco

GCC-listed firms aggregate net profits fell 6.2% to $57.9 billion in Q2-2023, compared to $61.7 billion in Q1-2023, mainly led by a fall in energy and commodity prices, said Kamco Invest, a regional non-banking financial powerhouse.

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Olayan Group tops list of Arab family firms

Thirty-seven of the top Arab family firms are based in Saudi Arabia, according to the Forbes Middle East’s annual list of the Top 100 Arab Family Businesses for 2022. Saudi Arabia’s Olayan Group tops the ranking for the second cons

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12 global firms to train 60 Bahrainis under Tamkeen program

Bahrain’s Labour Fund (Tamkeen) has announced the first group of 12 leading global companies that will participate in the Global Ready Talent program and train over 60 Bahrainis in their headquarters around the world. 

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Dubai South attracts 700 firms in 2021, takes total to 4,600

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, has attracted more than 700 new companies in 2021 taking the total number of firms operating out of it to 4,600.  

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