Dubai’s Nakheel secures financing worth $4.6bn to drive growth
Dubai’s real estate developer Nakheel has secured Dhs17bn in a strategic financing deal to drive its new phase of growth.…
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New UAE visa rules: Validity decreased for visas issued in free zones
The validity of freezone visas issued in the UAE has been reduced from three years to two, Khaleej Times can…
Saudi Kayan signs murabaha facility worth $800mln
Saudi Kayan Petrochemical Co. has signed murabaha revolving credit facility agreement for 3 billion riyals ($800 million) with Saudi National…
Agthia Q3 revenue grows 20% to $260mln
Agthia Group PJSC, one of the region’s leading food and beverage companies, today announced net revenue of AED954 million for…
Kenya secures Sh3.6 trillion in investments at Egypt summit
Kenya has made investment deals in upwards of Sh3.6 trillion ($30 billion) at the ongoing climate conference in Egypt, President…
Dubai’s non-oil sector adds jobs as business activity expands in October
Dubai's non-oil economy continued to expand rapidly in October as business activity rose sharply and firms added new jobs on…
SABB launches a new prepaid procurement card for corporates and businesses
The Saudi British Bank has partnered with Saudi Payments & Visa to launch SABB Procurement Card, designed specifically for its…
Saudi Arabia's wealth fund pledges to reach net-zero by 2050
Saudi Arabia's Public Investment Fund aims to reach net-zero by 2050, with plans to finance projects that support the green…
Commercial Bank holds grand prize awarding ceremony at CB Premium Place Vendome
Commercial Bank, the most innovative digital bank, has culminated its “Refer a Friend and Enter the Draw for a Chance…
Egypt seeks shift to green economy, President El-Sisi tells COP27
Egypt is set to increase investment in renewable energy, the country’s president told world leaders gathered in Sharm El-Sheikh as…
QNB Group abides all sustainability standards, certifications and ESG criteria
QNB Alahli participates in COP 27 hosted by Egypt in Sharm El Sheikh QNB Group has announced its participation in…
UN chief issues stark warning, Arab leaders pledge commitment to climate goals on opening day of COP27
The world is on the “highway to climate hell,” the UN secretary-general warned as he delivered an impassioned speech on…