Bottomline performance for the GCC banking sector remained steady with a healthy q-o-q growth of 11.8% and a Y-o-Y growth of 10.5% to reach $14.4 billion during Q1-2024, according to GCC Banking Sector Report - Q1-2024, released today by kamco Invest.
Yalla Group Limited has announced its unaudited financial results for the first quarter of the fiscal year 2024, ending on 31st March. The company's revenues surpassed the AED289 million mark (USD 78.7 million), marking a 7.1 per cent increase from the same quarter last year.
The latest data analysis unveils a 20 per cent increase in first-time buyers opting for SUVs, reflecting a substantial shift from the previous year's 10 per cent rate.
The volume of container movements increased at most Indian ports on a yearly basis during the first quarter of 2024, according to an analysis by S&P Global Market Intelligence, a financial information and analytics firm.
The Current Sentiment Index Score soared to 72, ascending from last quarter's 69, and setting a decadal high. Driven by a strong domestic economy, the Future Sentiment score also saw an uplift, climbing from 70 in Q4 2023 to 73 in Q1 2024, as highlighted in the report.
Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has announced details of several notable achievements during Q1 2024 in attracting foreign direct investment to Dubai and supporting the efforts of local companies to expand into global markets, in line wi
Agthia Group PJSC ("Agthia" or "the Group"), today said that its net profit grew 32 per cent year-on-year to AED127.6 million. The Group net profit margin expanded by 63bps to stand at 8.8 per cent, notwithstanding FX headwinds and the introduction of income tax in the UAE.
New Delhi [India], May 15: India's growth story has amazed economists and financial experts. Top rating agencies of the world have acknowledged that India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India's economy expanded at 7.8 per c
India's smartphone market shipped 34 million smartphone units in the first quarter of 2024. It also registered a 11.5 per cent growth YoY (year-over-year), making it the third consecutive quarter of growth in shipments, as per the Worldwide Quarterly Mobile Phone Tracker by International Dat
In Q1 2024, of approximately 1.30 lakh homes sold across the top 7 cities, luxury homes priced above Rs 1.5 cr constituted a significant share of 21 per cent, accounting for around 27,070 units. This marks a drastic increase compared to Q1 2019 when luxury homes comprised only 7 per cent of
Burjeel Holdings PLC today announced its financial results in accordance with International Financial Reporting Standards (IFRS) for the three-month period ended 31st March 2024, delivering revenue growth of 11.1 per cent to AED 1.2 billion in Q1 2024.