forecast for 2024 has been lowered to 1.7%, but is expected to rise to 2.1% next year. Inflation remains below [...] production cuts by Opec+, following a projected 2.1% growth in 2024, a report says. Painting a cautiously [...] downward revision of the GCC's 2024 growth forecast to 2.1% from 2.2% three months ago. While this reflects the
credit losses for the year were a charge of $1.4m compared to $1.8m reported in 2023. Operating expenses [...] musharaka investments were slightly lower at $1.550bn, down from $1.566bn. Shareholders’ equity rose to $364m [...] 501bn at the end of 2023. Investments increased to $1.3bn from $809m, while murabaha receivables, ijarah