FinanceEvent / data period:
Saudi weekly point-of-sale spending falls 6.8%
POS transaction value declined to SAR 12.6 billion in the week of 11–17 October; food and beverages led categories at SAR 2.22 billion.
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POS transaction value declined to SAR 12.6 billion in the week of 11–17 October; food and beverages led categories at SAR 2.22 billion.
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Operating profit rose 7% in the first nine months as income, customer financing and deposits also increased.
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The bank reported continued profit growth, a 2.4% non-performing-financing ratio and total assets of AED427 billion.
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The State Statistical Committee reported a 0.9% monthly rise in September and 5.7% inflation for January–September compared with a year earlier.
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The company says the French State will participate alongside existing reference shareholders, linking the move to critical-metals supply security.
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Annual inflation reached 2.73% in September, with rents and transport leading the nine-month increase.
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EDF said the loans have maturities of up to 12–18 months; €1 billion will refinance investments extending the lives of existing nuclear reactors.
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A preprint by authors affiliated with Paris Dauphine-PSL and CNRS evaluates the out-of-sample fit of search-based feature selection for explanatory NASDAQ-100 regression.
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The central bank and Ebony Center discussed cash hoarding, price stability and payment-system transition.
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NEOPAY said it has signed a definitive agreement to acquire a 65% controlling stake in noon payments. Completion remains subject to customary closing conditions, including regulatory and antitrust approvals.
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European private-markets investor Eurazeo said it has opened its first Middle East office at Abu Dhabi Global Market (ADGM). The firm reported €40 billion in assets under management.
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A 28 September agreement provides for Orange Money to adopt ADSTRA systems for sanctions screening and customer risk assessment.
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