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Region
Bahrain
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Bahrain
Bahrain’s H1 2023 gross insurance premiums reach BD151.49 mn
Other GCC countries also recorded strong performance
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
Egypt
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Egypt
Saudi Arabia, Egypt boost cooperation in tech investments to grow region’s digital economy
Value of Saudi Arabia's investments in Egypt has reached approximately $26 billion, with over 8,000 companies
Egypt
Suez Canal Authority reaffirms support for global shipping lines
Expands services to mitigate impact on maritime traffic
Egypt
Egypt’s booming real estate sector attracts wealthy GCC investors
94 percent keen on acquiring a property
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Kuwait
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Banking & Finance
Kuwaiti banks expected to witness high profitability, low NPLs
Financing benefits from strong domestic deposit base
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
MENA
See Articles
Hospitality & Tourism
Top performing airports in Saudi Arabia highlighted in new GACA report
GACA employs a transparent method for performance evaluation by categorizing airports according to their annual passenger volumes
MENA
Saudi Arabia, India strengthen ties in communications and space technology
This agreement with Saudi Arabia is TRAI’s 20th bilateral deal, boosting telecom cooperation between India and the Gulf
Banking & Finance
Saudi Fund for Development invests $205 million in Serbia for agriculture, education, and energy projects
The funds will create jobs, boost the economy, and enhance Serbia’s global standing
Banking & Finance
Saudi Venture Capital to invest $15 million in a VC Fund by Vision Ventures
Saqr Fund II aims for a total size of $90 million and will focus on early-stage startups, ranging from pre-seed to pre-Series B
Banking & Finance
PIF-owned AviLease purchases Boeing 787-9 aircraft from BBAM
This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease
Banking & Finance
Saudi Arabia launches air bridge to support Lebanon
This aid reflects the Kingdom's commitment to ongoing humanitarian efforts for individuals and nations in need
Oman
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Economy
Oman forges industrial economic alliances with Saudi Arabia, Japan, and U.S.
The agreements aim to promote private sector involvement in the country's economic growth
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
Qatar
See Articles
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
Saudi Arabia
See Articles
Energy
Saudi Arabia’s Energy Localization Forum: 107 agreements worth $27.69 billion signed
Macroeconomic impact of the entire energy sector is estimated to represent 40 percent of the Kingdom’s GDP
Hospitality & Tourism
Top performing airports in Saudi Arabia highlighted in new GACA report
GACA employs a transparent method for performance evaluation by categorizing airports according to their annual passenger volumes
Hospitality & Tourism
Riyadh Season 2024 attracts 2 million visitors in first week, says GEA chairman
Season features five main areas: Boulevard World, Kingdom Arena, Boulevard City, The Venue and Al-Suwaidi Park
Hospitality & Tourism
Saudi Tourism Authority boosts global presence with new China campaign to attract visitors
Saudi Travel Expo in China featured interactive sections highlighting the beauty of tourism destinations in Diriyah, Al-Ula, and Al-Baha
Saudi Arabia
Saudi Arabia plants over 95 million trees since launch of green initiative
Saudi Arabia has so far recorded 7.1 million cases of natural vegetation regeneration
MENA
Saudi Arabia, India strengthen ties in communications and space technology
This agreement with Saudi Arabia is TRAI’s 20th bilateral deal, boosting telecom cooperation between India and the Gulf
United Arab Emirates
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Sustainability
COP28: Climate financing milestones
Launch of pro-active solutions paving way for global action
Sustainability
Economy Middle East Guide: COP28 Green Zone events to attend
Discussions on transport, urban innovation and gender-just policies
Banking & Finance
Mastercard report shows UAE, KSA ahead in cross-border payments
Borderless transactions to grow in the next 12 months
Miscellaneous
Global Media Congress 2023 concludes with record attendance
Insights, innovation, and inspiration to shape the future of media
Miscellaneous
Abu Dhabi’s Global Media Congress explores challenges, sustainability in the media sector
172 countries convene to discuss environmental media and climate change
Markets
Dubai Taxi Company’s landmark IPO offers over 620 million shares
Equivalent to 24.9 percent of total share capital
Worldwide
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MENA
Saudi Arabia, India strengthen ties in communications and space technology
This agreement with Saudi Arabia is TRAI’s 20th bilateral deal, boosting telecom cooperation between India and the Gulf
Banking & Finance
PIF-owned AviLease purchases Boeing 787-9 aircraft from BBAM
This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease
Economy
Saudi, Azerbaijan sign MoU for mutual exemption from visa requirements for diplomatic and special passport holders
Both countries explored ways to strengthen bilateral ties and reviewed recent developments in regional and international contexts
Economy
Saudi-Italy bilateral trade hits $10.1 billion as 7,000 Italian firms target Saudi market
The announcement was made at the Saudi-Italian Business Forum at the Federation of Saudi Chambers' headquarters
Economy
Saudi Arabia, U.K. discuss advancing 79 initiatives across 13 sectors and $103 billion bilateral trade
The discussions also covered Saudi Arabia's Vision 2030 and ongoing economic and development reforms
Banking & Finance
Saudi fund to finance $41-million infrastructure rehabilitation project in Dominica
This initiative aims to boost socio-economic growth and improve residents' quality of life