Israel
El Al's survival equation
It has been one crisis after another. The Covid pandemic. The Hamas massacres of October 7, 2023. The twelve-day war against Iran last June.
Major Gulf bourses end mixed; Egypt extends slide
1 min Mena Today
Major stock markets in the Gulf put in a mixed performance on Tuesday as investors turned cautious ahead of the U.S. Federal Reserve's interest rate decision and commentary.
The operator of fitness centers in the Middle East and north Africa, Leejam posted a 22.9% rise in fourth-quarter net profit © Mena Today
Major stock markets in the Gulf put in a mixed performance on Tuesday as investors turned cautious ahead of the U.S. Federal Reserve's interest rate decision and commentary.
Saudi Arabia's benchmark index was up for a sixth straight session and ended 0.3% higher, with rising 1.7% and oil major Saudi Aramco gaining 1%.
Among other gainers, Leejam Sports surged 8.1%, hitting its all-time high of 243 riyal a share.
The operator of fitness centers in the Middle East and north Africa, Leejam posted a 22.9% rise in fourth-quarter net profit and raised its quarterly cash dividend by 20%.
The Fed is widely expected to hold rates steady in a meeting on Wednesday, with the market's attention on policymakers’ updated economic and interest rate projections and comments from Chair Jerome Powell.
Related
Jordan
Jordanian exports to Europe jump 54%
Jordan's exports to European Union countries jumped 54.3% in January 2026, reaching JD 54 million compared to JD 35 million during the same period last year.
United Arab Emirates
Abu Dhabi's 2PointZero backs health tech giant WHOOP
Abu Dhabi-based investment group 2PointZero has announced its participation in WHOOP's Series G funding round, joining a raise led by Collaborative Fund. The move signals a significant bet on the booming consumer health technology sector.
Subscribe to our newsletter
