World Bank doubles Turkey’s exposure to $35 billion: minister
The World Bank has doubled its exposure to Turkey to $35 billion to help stabilize the Middle East’s largest non-oil…
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stc pay becomes STC Bank with Saudi Central Bank approval
stc pay has received formal approval from the Saudi Central Bank (SAMA) to progress into STC Bank. This beta launch,…
Arab stock markets show varied performance in Ramadan 2024
The performance of the capital markets in the Arab region was mixed during the holy month of Ramadan, with five…
Saudi banks’ foreign assets surge by 22%, reflecting robust international investments
The foreign assets of Saudi Arabia’s commercial banks surged by 22 percent in February, reaching a total of SR347.63 billion…
Can ‘credit shield’ save you when credit card debts pile up after cash crunch crises?
When you sign up for a new credit card, you will most likely be encouraged by the bank’s salesman to…
Middle East 'leading world travel industry boom in 2024'
In a year poised to mark a historic zenith for the travel and tourism industry, and with the World Travel…
Oman’s central bank issues treasury bills worth $163.67 million this week
The Central Bank of Oman recently disclosed the details of this week’s issuance of treasury bills, shedding light on the…
New fraud allegations hit Lebanon's central bank over $8 billion scheme
Leaked financial disclosures suggest that Lebanon's central bank allegedly engaged in transactions with a Lebanese broker to mask hefty financial…
Middle East Insights: Oman's grand vision for economic transformation
Middle East Insights is a special feature series by CMG Middle East station, offering a comprehensive analysis of pivotal regional…
UAE Property: ‘My landlord hasn’t signed the renewal contract’
Question: I signed my renewal contract and sent the cheques to the real estate agency. The renewal fee cheque and…
Riyadh climbs to 25th in IMD Smart City Index, Al-Khobar joins the ranks
Saudi Arabia’s capital has been placed 25th in the International Institute for Management Development Smart City Index this year, up…
Sparklo leads environmental impact with 14.5mln plastic bottles and cans recycled in the UAE
Sparklo, the global leader in AI-driven cleantech solutions, has achieved a significant milestone in its mission to revolutionize recycling and…