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Category :GCC

Business Companies GCC Investments Tourism

Wynn Resorts Spent $741.1 Million for Wynn Al Marjan Island

Global Business Magazine August 8, 2025

Wynn Resorts has contributed $58.2 million to the 40%-owned joint venture that is constructing the Wynn Al Marjan Island development in Ras Al Read More

Business Airlines Companies GCC World

Riyadh Air Joins Amadeus Travel Platform

Global Business Magazine August 7, 2025

Riyadh Air, the new national carrier of Saudi Arabia, on Thursday signed a global distribution agreement with Amadeus, a global technology provider Read More

Business Companies Earnings GCC

ADNOC Distribution Reports Profit of $358 Million in H1 2025

Global Business Magazine August 7, 2025

Beating analysts’ expectations, ADNOC Distribution, the UAE’s largest fuel and convenience retailer, on Thursday reported double-digit growth in its EBITDA and Read More

Banks Business Companies Earnings GCC

Dubai Islamic Bank Posts Revenue of $1.74 Billion

Global Business Magazine August 7, 2025

Dubai Islamic Bank (DIB) has showcased another robust performance in the first half of 2025, with an operating revenue of $1.74 billion, driving a 16% Read More

Business Companies Earnings GCC Oil and Gas

ADNOC Gas Net Income Reach $1.385 Billion in Q2

Global Business Magazine August 6, 2025

ADNOC Gas, a world-class integrated gas processing and sales company, on Wednesday said that its net income rose 16% y-o-y to reach $1.385 billion Read More

Business Aramco Earnings GCC Oil & Gas

Aramco Posts Net Profit of $22.6 Billion in Q2

Global Business Magazine August 5, 2025

Lower revenue and weaker oil prices have impacted the earnings of Saudi Arabia’s Aramco, which is the world's biggest oil exporter, Read More

Business Companies Earnings GCC

IHC Reports Revenue of $14.89 Billion in H1 2025

Global Business Magazine August 5, 2025

International Holding Company (IHC), the global investment firm focused on building dynamic value networks, has reported a revenue of $14.89 billion in the Read More

Business Companies GCC Mergers and Acquisitions sovereign wealth funds

Mumtalakat Acquires Stake in BlueFive Capital

Global Business Magazine August 5, 2025

Underscoring its commitment to supporting emerging financial players, Bahrain’s sovereign wealth fund (SWF) Mumtalakat Holding Company has acquired a stake in Read More

Business Companies GCC stock exchange

DFM Best Performing Bourse in July: Kamco Invest

Global Business Magazine August 5, 2025

The GCC index continued to show gains during July by earnings optimism for Q2-2025. The MSCI GCC index was up for Read More

Business Companies Earnings GCC

Fertiglobe Reports Revenue of $566 million in Q2

Global Business Magazine August 4, 2025

Fertiglobe on Monday said that it was poised to capitalise on the recent recovery in urea prices, supported by a strong order Read More