Orascom Development Holding has released its consolidated
Nov 14, 2024 · Altdorf – Orascom Development Holding (OD) has announced its consolidated financial results for the first nine months of 2024, demonstrating effective management leading to significant growth and resilience amidst ongoing geopolitical and economic challenges, with the Egyptian Pound (EGP) devaluation impacting financial results with a non-cash foreign exchange loss of CHF 40.5 million.
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Lulu Retail reports Q3 2024 results following ADX listing - ZAWYA
Nov 20, 2024 · Key Financial & Operational Highlights: Q3 2024 Revenue of $1.86 billion, up 6.1% YoY; 9M 2024 revenue growth of 5.7% YoY; Q3 2024 EBITDA increased 9.9% to $176.3 million; EBITDA margin improved to 9.5% from 9.2% in Q3 2023
Kuwait GDP to contract in 2024, rebound expected in 2025: IMF
Dec 10, 2024 · KUWAIT CITY: The Executive Board of the International Monetary Fund (IMF) has concluded the Article IV consultation with Kuwait. A press release issued by IMF outlined the main points highlighted during the consultation: The economy is in recession due to OPEC+ production cuts, but the nonoil sector is recovering, and inflation is moderating.
Lulu Chairman Yusuff Ali hints future Saudi listing; UAE IPO to fuel ...
Oct 22, 2024 · A day after UAE retail giant Lulu announced Abu Dhabi IPO plans, its chairman, Yusuff Ali MA, told Zawya that a possible listing on Tadawul, the Saudi exchange, could happen in the “long-term”.
Etihad Rail signs 10 deals, agreements during Global Rail 2024
Oct 10, 2024 · ABU DHABI - Etihad Rail, the developer and operator of the UAE’s national railway network, has concluded the first edition of Global Rail Transport Infrastructure Exhibition & Conference (Global Rail) 2024.
Infrastructure Projects News - ZAWYA
Latest news on global infrastructure projects. OIL AND GAS Saudi ADES Holding boosts global expansion plans via launching into West Africa
Kuwait Oil Company awards $140mln EPC contract for flowline …
Oct 6, 2024 · Kuwait Oil Company (KOC) has awarded the engineering, procurement and construction (EPC) contract worth $140 million for Flowline and Associated Works for Exploratory and Jurassic wells in North Kuwait to Mechanical Engineering and Contracting Company.
IHC announces strong nine-month YTD 2024 results - ZAWYA
Nov 6, 2024 · Syed Basar Shueb: “With strong momentum heading into the fourth quarter, we are positioned to capitalize on further opportunities while remaining focused on operational excellence and long-term value creation.I am confident that this trajectory will continue to reinforce IHC’s commitment to delivering enhanced shareholder value.” Revenue for nine-month YTD 2024 reached AED 64.0 billion ...
Central Bank of Bahrain grants BNPL licence to Tamara - ZAWYA
Oct 2, 2024 · Tamara, a payment platform headquartered in Saudi Arabia with operations in the UAE and Kuwait, allows shoppers to split payments online and in-store and pay at a later date, with no interest or hidden fees