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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 Real Estate Sector Booms Due to Population Growth, Tourism, and Reforms

Saudi Arabia’s real estate market is experiencing significant growth, driven by factors such as a rising population, increasing tourism, and favorable government reforms. These...

Emirates NBD Denies Acquisition Plans in Egypt

Emirates NBD, the largest bank in Dubai, has dismissed rumors about acquiring Banque du Caire, an Egyptian bank. Recently, reports suggested that Emirates NBD...

Iraq Strengthens Gold Reserves, Ranking Among Top in Arab World

Iraq has secured a strong position in the Arab world’s gold market, with reserves reaching 162 tons, according to Central Bank Governor Ali Al-Alaq....

Bahrain Moves Forward with 2% Tax on Expat Remittances

Bahrain’s Parliament is preparing to vote on a 2% tax on expat remittances, aiming to strengthen the local economy. Supporters believe this step will reduce dependence on...

Kuwait Market Value Climbs to KD 48.05 Billion with KD 105 Million Gain

The Kuwait Stock Exchange (KSE) saw a modest rise in its market value during the first week of Ramadan, gaining KD 105 million or...

289,000 Livestock Supplied to Meet Consumer Needs in Oman

Muscat – The Ministry of Agriculture, Fisheries, and Water Resources has announced that over 289,000 heads of livestock were supplied to consumers during January...

Strengthening Public Finances and Financial Markets in Iraq: The Opportunity

Iraq has achieved upper-middle-income status due to its oil wealth, with public revenues heavily reliant on oil. However, the private sector remains underdeveloped, and...

Oman Strengthens Tax System with Digital Tax Stamps

Oman is taking a new step in tax regulation by enforcing digital tax stamps on excise goods starting June 1, 2025. This move ensures that all imported excise...

Qatar’s Commercial Bank Expands 24/7 USD Transfers with Citi Partnership

Commercial Bank has taken a major step by collaborating with Citi to introduce 24/7 USD transfers, making it the first in Qatar to offer this...

Saudi Arabia Confirms Four-Day Eid Al Fitr Holiday for Private Sector Employees

Saudi Arabia has officially announced a four-day break for private and non-profit sector employees in celebration of Eid Al Fitr. This decision allows workers...

Dubai Gold Prices Dip After Record Surge

Gold prices in Dubai experienced a drop on Tuesday morning following a record spike the previous day. On Tuesday, 24K gold saw a decrease...

UAE Set to Launch Jaywan Card for Global and Local Use

The UAE Central Bank has confirmed that the Jaywan card is ready for launch, both locally and internationally. This marks a major step in the country’s digital payment growth. The UAE...