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HEISCO Secures $311 Million Financing to Support Kuwait Infrastructure Growth

HEISCO financing deal highlights stronger financial backing for Kuwait’s infrastructure sector. This agreement provides renewed credit facilities to support ongoing operations. It also reinforces...

Kuwait Deposit Extension Supports Egypt’s Financial Stability and Strengthens Bilateral Cooperation

Kuwait deposit extension plays a key role in supporting Egypt’s external financial stability. The arrangement highlights continued cooperation between Kuwait and Egypt. Kuwait decided to extend its $2...

HEISCO Secures $311 Million Financing to Support Kuwait Infrastructure Growth

HEISCO financing deal highlights stronger financial backing for Kuwait’s infrastructure sector. This agreement provides renewed credit facilities to support ongoing operations. It also reinforces...

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HEISCO Secures $311 Million Financing to Support Kuwait Infrastructure Growth

HEISCO financing deal highlights stronger financial backing for Kuwait’s infrastructure sector. This agreement provides renewed credit facilities to support ongoing operations. It also reinforces...

UAE Gold Prices Remain Steady Despite Rising Regional Tensions and Missile Incidents

UAE gold prices remained stable on Tuesday morning despite renewed regional tensions. UAE gold prices showed resilience even after fresh missile incidents raised concerns....

Kuwait Deposit Extension Supports Egypt’s Financial Stability and Strengthens Bilateral Cooperation

Kuwait deposit extension plays a key role in supporting Egypt’s external financial stability. The arrangement highlights continued cooperation between Kuwait and Egypt. Kuwait decided to extend its $2...

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Oman’s Meethaq Bank Introduces Savings Plan for Financial Stability

Meethaq Islamic Banking in Oman has launched a savings plan to help customers build financial stability with smart savings. This plan encourages people to...

UAE Urges Caution as Digital Payments Rise

The UAE’s digital payments market is expanding rapidly, creating both opportunities and risks. Experts warn that financial fraud is rising as more people shift...

UAE Travellers to UK to Pay Higher Visa Fees from April

Travellers from the UAE heading to the UK will soon face increased visa fees. Starting April 9, 2025, visa costs will rise by up...

UAE Announces Dh277 Million Bonus for Government Employees

Dubai’s Crown Prince has announced a massive Dh277 million performance bonus for civilian government employees. This decision, approved by Sheikh Mohammed bin Rashid Al...

Qatar Inflation to Reach 1.6% in 2025: Economic Outlook

Qatar’s inflation is set to rise to 1.6% in 2025 from 1.1% in 2024. This forecast comes from a recent economic report. The study...

UAE Youth Struggle with Financial Planning

Many young people in the UAE feel stuck in a cycle of poor financial planning. Despite this, some remain hopeful about reaching their financial...

Commercial bank announces QR0.30 dividend

commercial bank held its annual and extraordinary general meetings and approved all agenda items. the bank’s board confirmed a QR0.30 per share dividend. this...

UAE Rental Prices Push Tenants to Suburbs

Rising rental prices in the UAE are forcing many tenants to move to suburban areas. Affordable housing is becoming harder to find in central...

Saudi Arabia’s Al Rajhi Bank Contributes 5.90 Million Riyals for Charity

Al Rajhi Bank has contributed a substantial 5.90 million riyals to this year's National Campaign for Charity Work. This was carried out as part...

UAE Holds Rates Steady After US Decision

The UAE Central Bank has decided to keep the base rate for the overnight deposit facility at 4.40%. This move follows the US Federal...

Bahrain’s Treasury Bills Oversubscribed by 234% in Latest Auction

The Central Bank of Bahrain (CBB) announced that its monthly issue of Treasury Bills, worth BD 35 million, has been oversubscribed by 234%. This...

Iraq Sees US Dollar Exchange Rate Drop Again

The US dollar exchange rate in Iraq continued to fall, affecting currency markets in Baghdad and Erbil. In Baghdad’s Al-Kifah and Al-Harithya stock exchanges,...