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US and Saudi Investment Relations Highlighted During Washington Summit

US and Saudi investment relations will take center stage in Washington on 19 November. Consequently, the summit coincides with Crown Prince Mohammed bin Salman’s...

Saudi Financial Collaboration Strengthened by State Street Albilad Partnership

State Street and Albilad Capital have signed a strategic agreement to strengthen Saudi financial collaboration and advance investment services across the Kingdom. Consequently, the...

US and Saudi Investment Relations Highlighted During Washington Summit

US and Saudi investment relations will take center stage in Washington on 19 November. Consequently, the summit coincides with Crown Prince Mohammed bin Salman’s...

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US and Saudi Investment Relations Highlighted During Washington Summit

US and Saudi investment relations will take center stage in Washington on 19 November. Consequently, the summit coincides with Crown Prince Mohammed bin Salman’s...

Lebanon and Qatar Strengthen Cooperation in High-Level Meeting

Former Prime Minister Najib Mikati held a high-level meeting with Qatar’s Ambassador to Lebanon, Sheikh Saud bin Abdulrahman Al Thani, to discuss Lebanon-Qatar cooperation....

Saudi Financial Collaboration Strengthened by State Street Albilad Partnership

State Street and Albilad Capital have signed a strategic agreement to strengthen Saudi financial collaboration and advance investment services across the Kingdom. Consequently, the...

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Saudi Arabia Sukuk Issuance Soars as Banks Bridge Liquidity Gap

Saudi banks are experiencing an unprecedented surge in sukuk issuance this year. From January through mid-September, volumes reached $10.5 billion, nearly doubling last year’s...

Oman Sees Drop in Trade Amid Falling Oil Exports

Oman recorded a trade surplus of RO3.088bn, marking a 34% decline from the previous year. This decline reflects challenges in merchandise exports and the...

Iraq Boosts Entrepreneurs with Rafidain Bank Funding

Iraq’s state-owned Rafidain Bank has launched the tenth phase of its “Entrepreneurship and Excellence” program. The bank is supporting 80 new projects, providing 1...

Saudi Economy Shows Strength and Resilience

Crown Prince Mohammed bin Salman opened the new session of the Shoura Council on behalf of King Salman. During his speech, he underlined the...

Industry Minister Inaugurates Black Fortune Group Outlets at Marassi Galleria, Bahrain

Abdulla bin Adel Fakhro, Minister of Industry and Commerce, inaugurated several new retail outlets of Black Fortune Group at Marassi Galleria, Bahrain. The event...

UAE Banks Raise Fees on Overseas Card Spending

UAE banks will soon raise charges on international card payments. Starting September 22, foreign transaction fees will increase to 3.14%, up from the current...

The President of Kurdistan Hosts UAE Delegation to Strengthen Investment Ties

A UAE government delegation arrived in Erbil today, Wednesday at 10:00 a.m., led by Saeed Mubarak Alhajri, Minister of State and Special Envoy for...

Saudi Industrial Production Rises in July 2025

Saudi Arabia’s industrial production index increased by 6.5% in July 2025 compared to the same month last year. Moreover, the results reflect strong growth...

UAE Trading Volumes Drive Global Growth with Capital.com

Capital.com reported that global trading volumes climbed to $1.5 trillion during the first half of the year, representing a 42.5 percent increase from the...

Saudi Arabia Migrant Workers Face Wage Theft Linked to Aramco Projects

Hundreds of migrant workers employed by Sendan International reported unpaid salaries for up to eight months. The workers, including those on Aramco project sites,...

Derasat CEO Participates in Hili Forum 2nd Edition

Abdulla Mohamed Alahmed, CEO of Derasat, participated in the 2nd edition of the Hili Forum in Abu Dhabi. The event took place on September...

UAE Banking Sector Surges in Lending and Profitability

The UAE banking sector outperformed its GCC peers, achieving strong revenue and lending growth. Moreover, analysts highlighted disciplined management, operational efficiency, and diversified income...