02/08/2022
Saudi sukuk issuance rises by 37% in 2021, says S&P Global
On a broader scale, global sukuk issuance has slightly decreased to $147.4bln in 2021
02/08/2022
IQ-EQ welcomes Atlantica Ventures as first Launchpad client
IQ-EQ Launchpad was founded on the principle that gender equality is a fundamental right and that leadership is required to drive change.
02/08/2022
Moody's assigns first time A1 rating to Saudi Arabia's PIF
The ratings reflect strong credit interlinkages between the kingdom and the wealth fund
02/08/2022
SHUAA is now going through the final regulatory approvals following which a decision will be made to IPO the SPAC
02/07/2022
Profits of Alinma Bank soar 38% to $722mln last year
The rise in expenses was partly capped by a lower impairment charge for expected losses
02/04/2022
Chaired by Mr. Abdul Hakeem Al Ojaili, Chairman of OBA, the Board discussed and deliberated on the development and enhancing banking excellence in Oman
02/03/2022
Construction, wholesale, retail businesses post sharp decline in output
02/03/2022
Warns new capacity and higher costs will hit earning in 2022
02/03/2022
The non-oil economies of Saudi Arabia and the UAE grew but at a slower pace amid a surge in Omicron infections
02/03/2022
Countries in the Middle East, especially Iraq, are a new focus of investment under China’s Belt and Road Initiative, a report out of Fudan University said today.
02/03/2022
A report from the International Data Corporation (IDC) estimated that the region has invested about $2.3 billion in smart city technologies by the end of 2021.
02/02/2022
The recognition from SAP was in appreciation of Yas Holding's implementation of the EAM solution within its group companies which began in February 2021, following industry best practices
02/02/2022
Leads prime rental market performance
02/01/2022
ACWA Power signs MoU with Saudi EXIM Bank
To develop and cooperate on knowledge sharing initiatives in the area of project finance
02/01/2022
Aldar completes first investment in Ras Al Khaimah
With plans for further expansion in the Emirate
02/01/2022
Dubai Financial Market net profits down to $28mln for 2021
Profits fell to $28mln for the year down from $37.32mln in 2020
01/31/2022
The National Industries Co. is a subsidiary of National Industries Group Holding SAK that manufactures and markets building materials and infrastructure products.
01/31/2022
Following significant investment into the UK industrial and logistics sector over the past four years, Investcorp has successfully sold a total of 10 assets to Kennedy Wilson, Realty Income and Investra Capital
01/31/2022
The report added the Norwegian Sovereign Wealth Fund managed by its Central Bank has assets of 1.33 trillion dollars and ranks first in the world, followed by the fund of the Chinese Investment Company with assets of 1.222 trillion dollars.
01/28/2022
More than 85 per cent of the Bank’s financing was channelled to the private sector and 55 per cent was dedicated to projects supporting sustainability.