Jarir Marketing, one of Saudi Arabia's largest retailers by market value, posted a fourth-quarter net profit flat to the previous year on Thursday, in line with analysts' estimates.
It made a net profit of SR208.1 million
Leading telecommunication operator Ooredoo has launched Oman’s first international flat rate (IFR) offer which will allow mobile business customers to call the top international destinations throughout the day at a flat rate of 99 baizas (
Saudi Aramco is expected to keep crude oil supply to China under an annual contract largely unchanged next year, the second year of flat demand as Chinese refiners anticipate ample supplies in the spot market and lack of new refining capacity.
An association comprising flat owners has been launched for the first time in Bahrain by the Housing Ministry.
Housing Minister Bassem Al Hamer chaired a meeting with board members of four model buildings - whi
Serviced apartments in Dubai could offer investors double-digit annual yields before additional supply reduces the sector's profitability going forward, a banker at HSBC said.
The sector is receiving interest from investors lo
Saudi shares closed flat on Saturday after rising slightly in early trade. The all-share closed at 6,663 points, while the banking sector added 0.5 per cent at 15,219 points.
Heavyweight Al Rajhi Bank gained 1.4 per cent while petrochemica