Foreign investors free to sit on Saudi business chamber boards
Foreign investors are to be allowed to sit as directors on the boards of Saudi chambers of commerce for the…
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Saudi Arabia and UAE Declare Central Bank Digital Currency Pilot a Success
The Saudi Central Bank and the Central Bank of the United Arab Emirates say a dual Saudi and UAE central…
Cooperation between Egypt and Tanzania
For decades, successive governments in Ethiopia have dragged Egypt through the mud, saying they wanted “exclusive” rights over the River…
Turkish inflation hits 14% as monetary policy pressure mounts
Turkey’s annual inflation surged to 14.03% in November as the lira weakened, its highest since August 2019 and well above…
Emirates Payment Services launches payment and credit app Empay in Dubai
The Emirates Payment Services has announced the launch in Dubai of Empay, a contactless instant credit and payment service. …
Jordan inks USD314.63m credit with European Investment Bank
Jordan inked a framework credit of 260 million euros (USD314.63 million) with the European Investment Bank (EIB) on Wednesday, December…
‘The worst is behind us’: Saudi Aramco CEO
The oil industry is recovering from the impact of the coronavirus pandemic and “the worst is behind us,” Saudi Aramco’s…
Saudi Public Prosecution says giving false impression of capital market is ‘serious crime’
Saudi Arabia’s Public Prosecution affirmed that it is prohibited by law to intentionally take any action that creates a false…
Saudi Wealth Fund Seeks Up to $7 Billion Loan for New Deals
Saudi Arabia’s sovereign wealth fund plans to raise as much as $7 billion in loans as it seeks cash for…
BlackRock Survey Shows Acceleration of Sustainable Investing
Global health and economic challenges this year have not slowed investor demand and outlook for sustainable investing, according to BlackRock’s…
Bahrain to allow occupied West Bank goods to be labeled as 'Made in Israel'
Goods coming to Bahrain from the Israeli-occupied West Bank, East Jerusalem, and the Golan Heights will be labeled as "Made…
Bahrain Invests $2 Billion In 10 Years In Telecommunications
Investments in the telecommunications sector topped $2 billion during the period running from 2009 until 2019 in the Kingdom of…