09/22/2022
Saudi Arabia's non-oil exports rose 26% to $7bln in July 2022
Oil exports rose 69% for the period
Alternative Investments
09/21/2022
Abu Dhabi TAQA’s subsidiary MIPCO secures more than $1bln in financing
The loan will be used to refinance existing debt
09/21/2022
ENOC Group announces 50% Emiratisation during Careers UAE 2022
The various energy career opportunities were revealed during ENOC’s participation at the 21st edition of Careers UAE
09/21/2022
Dubai’s property market urgently needs those new offplan projects
Readily available stock has already been bought, and sellers taking their time on others
09/20/2022
Citibank honours QIIB with ‘STP Award’
“This stems from persistent efforts being exerted whether in relation to training, qualification, and attracting expert cadres or in relation to banking technology used by the bank and keeping pace with the latest technological updates,”
09/19/2022
Oman sovereign fund woos foreign investors as part of diversification push
With the lowest GDP per capita in the GCC, Oman hopes to bolster non-oil income through economic reform
09/16/2022
Saudi ministry signs infrastructure financing deals with banks worth $6.65 billion
Saudi Arabia’s planned projects seek to highlight the Kingdom’s efforts toward economic, social, and cultural diversification in line with Vision 2030.
09/15/2022
EBRD supports green, low carbon investments in Turkey
The EBRD continues to work towards a sustainable future in Turkey by focusing on green financing in the county.
09/15/2022
US$13 billion in Gulf deposits allays some pressure on Egypt following capital flight from emerging markets
The Gulf deposits acted to bolster stocks of foreign currency that were heavily depleted over the past year.
09/14/2022
High mobility, air travel help boost oil demand in Middle East: OPEC
Strong economic activity will continue to support demand in the near future
09/14/2022
G20 told Saudi Arabia backs role of culture in efforts to promote sustainability and development
Comments, from Kingdom’s Minister of Culture Prince Badr bin Abdullah bin Farhan came during meeting of G20 culture ministers in Indonesia
09/14/2022
ADNOC Refining to complete first phase of Waste Heat Recovery Project in Ruwais
The project recycles waste heat from ADNOC Refining’s plant in Ruwais, increasing power production and thermal efficiency of the facility by around 30 per cent with no additional emissions
09/14/2022
Businesses in UAE ask for bank guarantees to counter risk from bounced cheques
More firms ask for bank guarantees to ensure safeguards against cheque defaults
09/14/2022
Saudi REIT funds can unlock property value for healthcare sector expansion
Colliers estimates that the kingdom will require up to 20,000 additional beds by 2030
09/13/2022
Stc Bahrain empowers local culture and heritage
Through 5-year partnership with Shaikh Ebrahim bin Mohammed Al Khalifa Center For Culture & Research
09/08/2022
UAE to be among Israel’s top 10 trading partners in 2-3 years: Israeli envoy
Bilateral trade between the two countries jumped 117 per cent in the first half of 2022
09/08/2022
Saudi banks’ mortgages jump to $170bn in Q2: Housing Minister
The minister noted that the Saudi Real Estate Refinance Co. will play a crucial role in ensuring liquidity and transparency in the Kingdom’s real estate sector.
09/08/2022
Dubai International Financial Centre records strong growth in H1 2022
This led to the fastest job creation growth rate since inception, and further expands the largest and most diverse pool of industry talent in the region.
09/08/2022
Two Moroccan Firms Among Forbes Middle East’s Top 100 Arab Family Businesses
According to Forbes Middle East, the 100 listed Arab family businesses are forecasted to achieve further growth in the future.
09/08/2022
Top 100 Arab Family Businesses
Of this year’s top 100 family companies, 89% are diversified business conglomerates. Saudi companies dominate the list with 37 entries, followed by the U.A.E with 25, and Kuwait with eight.