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PIF will act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region
Revenue-generating trips reached 498.1 million for the year, up by 8 percent YoY
Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase
Saxo Bank experienced sustained growth and reached a record of almost 1.3 million clients by the end of 2024
Startups in Saudi Arabia raised $250.3 million across 25 deals last month, leading the region in fundraising
UAE-based issuances ranked second, with $38.5 billion through 109 issues, representing 26 percent of the market
As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week
Collaboration aims to provide SMEs with the solutions they need to support their long-term growth
More than 100 aircraft expected to be added in flynas fleet over the next five years
Jaywan offers secure, efficient payments, reducing costs, supporting growth, and promoting inclusion
The UAE reported the MENA region’s largest M&A deal of the year worth $12.4 billion
The success is reflected in the attractive market-driven prices, with a yield to maturity of 4.18 percent for the tranche maturing in August 2028
This increase results from CBE's collaboration with banks and stakeholders for economic empowerment across society
The total order book reached around 10 billion euros, which equals an oversubscription of 4 times
Banks will be available to the public from 10 a.m. to 4 p.m. throughout the fasting month
To qualify, companies must register on the Dhareeba Tax Portal and ensure that all taxpayer data is updated
Consolidated revenues reached $16.1 billion, driven by expansion across all business verticals
Revenue increased 5.7 percent compared to 2023
Following the deal, Emirates NBD will commence the process of canceling the listing of Emirates Islamic Bank shares from the DFM
Partnership aims to enhance cross-border opportunities, knowledge exchange and business growth for startups in Qatar and Portugal
The package aims to boost innovation in taxes, enhancing SME empowerment and tax compliance
Interest rates remained unchanged due to the increasingly uncertain global and regional outlook regarding the impact of U.S. protectionist trade policies
The decision applies to those whose annual revenues from goods and services exceed $10.7 million
This project will enhance the national economy while advancing sustainability and circular economy goals
