Sector
The 2 companies signed SLB deal for 5 Boeing jets
Exclusives
The 2 companies signed SLB deal for 5 Boeing jets
This is despite global price pressures
ADNOC says the project with BP has moved into the design phase
Names like Ronaldo, The Beckhams, Armani, made Dubai their 2nd home
While the outbreak is unusual, it remains “containable”, says WHO
Sales prices recorded a significant spike, particularly in regard to villas
This contrasts with the strong relationship between gold, real yields
Wheat imported into Kuwait is noted for low moisture content
US stocks suffer the longest series of losses since the Great depression
Solar energy is the new oil
It succeeded, in under 6 months, in completing merger procedures
Saudi Energy Minister: World must appreciate value of the alliance
The list includes Lebanon and Turkey
“Borouge” stock price set at 2.45 dirhams
The World Health Organization sounded the alarm after the virus spread
Bin Talal's share in the company's capital declines to 78.13%
Deposits to grow driven by projected interest rate increase
Expenditure on cars in Saudi reached SAR 40bn in 2020
Plastics, CO2, recycling high on projects’ agenda
The two stock exchanges aim to enhance market liquidity
Profits climbed to SAR151.9 compared to SAR139mn in 2021
65% of CEOs expect their companies would focus on ESG
The energy and resources industry will witness a major transformation
The Fund aims to bring the best technology to Abu Dhabi
Lucid to produce 150, 000 cars per year in Saudi by 2027
In recognition of its efforts in supporting non-oil exports in the UAE
Demand for office space climbs as foreign firms expand
The villa was sold for $28 million
New era of biometric payments enhance the check-out experience
CEO Parag Agrawal: "We aren't perfect at catching spam"
Preliminary Q1 2022 revenue amounted to $9.3 million
Subscriptions start May 23 to May 28 for individuals
Saudi, UAE are key players in electric mobility transition
Jadwa sold its majority stake in Al Meswak to GII
This comes as banks cut down dollar sales to prop up currency
BHB listed BD 150 million worth of government bonds
Off-plan sales transactions increased by 44%, with 73.68% value increase
Residential price index reached 79.8 points in April
IHC provided capital through preferential allotment route
Technology saves costs, time, and the environment
Electromin rolls out 100 charging stations for EVs across Saudi
April’s $629 million in revenues highest ever in a month
Musk believes fake users make up 20% of total users
The bank calls on its clients to use the QR code scanning option
New Delhi move comes following 8-year high inflation
Solutions by stc contracted to implement the strategy
OQ invites banks to pitch for gas pipeline network IPO
Gulf banks reported a small number of cyberattacks in last decade
79K transactions completed since March 2020
Prince Abdulaziz: Oil output depends on what we do in the divided zone
The group confirms $4.4 billion acquisition of Vodafone
The government has identified $9 billion in assets to offer this year
It seeks to boost annual coffee beans production from 300 to 2,500 tons
Al-Rajhi Financial expected Aramco to achieve profits of 136.6 billion riyals
Tips reached over 1.2 million dirhams in Ramadan
The initiative is part of Kyndryl’s global sustainability program
This translates into 4.255 percent of valU’s issued capital
A 195 billion-euro plan to stop Russian fossil fuels' import by 2027
The company announced completion of $1 billion funding for 2022
Bosch to invest 500 million euros to produce hydrogen
It lowered its forecast for a rise in global oil demand growth by 300,000 barrels
$3.45 billion, the value of the financial technology sector in 2026
Net profit jumped 33% to 6.47 billion riyals
Region could reap huge dividends from real-time payments
Gulf countries have moved to revive the GCC Railway project
Several factors to boost Aramco's share prices in coming months
Global leaders, industry experts convene for day two of the World Utilities Congress
The Gulf region is mounting efforts to preserve water
The company’s market value has risen to $2.464 trillion
“OPEC +” is doing its part to meet global demand amid geopolitical pressures
Company awarded title of "Best Air Carrier in the World"
Net income increased by 15.5 percent to 48.8 billion Saudi riyals
FAM Holding to list its shares on the ADX's growth market
Digital banking market will reach $30.1 billion in 2026
The shift to electric significantly reduces carbon emissions
The company recorded the highest volume of fuel sales ever during Q1
Higher interest rates in 2022-2023 would further support it
Gates has been invested in public health issues long before COVID-19
10-year US Treasury yields exceed 3.1% for first time since 2018
Mawani launches 12 private-sector investment opportunities
Saudi attracts investments worth $32 billion through 9 new projects
The cost of food wasted annually around the world is about $1 trillion dollars
The WUC to explore the role of hydrogen in the future of the utilities sector
And things don’t look too bright for the coming week, either.
MENA M&A deals reach $21 billion in Q1
Revenues amounted to $629 million in April
The money supply increased in March by 4.22 percent
Musk secures over $7 billion
Alleged embezzlement of at least $330 million in public funds
The "OPEC +" is scheduled to hold its next meeting on the second of next June
A heat wave threatens the production and exports of Indian wheat
Another ¾ of a percentage point increase expected at June meeting
The mistake resulted in a $26 billion drop in market value
It posted loss of over $20 billion as it withdraws from energy group Rosneft
The fund's total assets at end-2020 were 47.1% of national GDP
The surge is driven by sustained demand for broadband and mobile services
Upon completion of the transaction, Borealis will be 25% by ADNOC
WUC 2022 set to discuss the future of low-carbon power and water supplies
A separate dispute continues over the safety of the larger A350 aircraft
The introduction of road toll system (Salik) expected next
Earnings were driven by demand for cloud-computing services.
The decision will allow investors to invest in the company’s stocks
Saudi is an outstanding example
The merger with "Awda Misr" scheduled in next few months
The $70.7 million company will be the largest provider by market share
Fintech, developers can drive market opportunities on FusionFabric.cloud
Saudi “Al-Rajhi” and “Al-Ahly” achieve net profits exceeding $1 billion
The House of Representatives approves committee recommendations
An expected upturn for the Gulf economies due to the rise in oil prices
These companies accounted for more than a quarter of all contracts by value
“The company will maintain flexibility and continue to generate strong profits”
Saudi is in a prime position to produce green and blue hydrogen
Number of factories in Saudi exceeded 10,000 factories
The value of exports amounted to 108.4 billion riyals
Housing and social services projects are government priorities
Investors are concerned about the possibility of US policy tightening
Law ensures equal treatment for both Saudi, foreign investments
21 total listings in 2021, with volume offerings amounting to SAR31 billion
Saudi, UAE easing business conditions
The secondary market activity sees a surge in European investors
The 2nd G20 FMCBG meeting discussed the latest global developments
The deal is valued at 495 million dirhams
Played a leading role in the IPO of Dubai Electricity and Water Authority
Q1 sees rising demand for office space
GDMO launches a documentary on “the epic”
Bahrain confirms firm's talks to buy Italian football giant for $1.1 billion
The new program to support SMEs through providing trade finance facilities
What you eat plays a huge part in dehydrating or hydrating your body
Sustainable investments will not contribute to cash flow over next 5 years
Higher demand from residents, bigger flows from outside buyers
Empower IPO to be announced soon; not during current quarter
Services are delivered promptly 24/7, replacing long waiting hours
500 billion plastic bags are used worldwide
Around 1,998 real estate transactions conducted
“S&P”: Oil prices, interest rates, pave the way for banks’ recovery, lower NPLs
The ship is carrying 750 tons of fuel, threatening environmental disaster
New committee will oversee the Expo 2020 site after relaunch as District 2020
Al Daayan Health District reflects the future of innovative medical care
The company completed the purchase of Scientific Design
The Spring Meetings examine the global economic impact of war and food security concerns
You can look at taking care of your mental health as an investment
The country's present focus is on the local wheat crop
This comes ahead of negotiations for an IMF bailout
Three factors determine actual impact of any new Corona variable
"The offer is not close to the real price of Twitter"
The decision is due to the instability in global markets and economies
Consolidation of exchange rates is complex due to weak economic conditions
Investors consider Gulf markets attractive, shy away from European ones
GAC approves 88 percent of applications in Q1
Down 480,000 bpd from its previous forecast
In recognition of the ongoing efforts to promote innovation in postal operations
Salik, TECOM, Empower IPOs part of Dubai's support for financial sector
Stake acquisition of the Commercial International Bank for $911.4 million
Egypt, Saudi collaborate to invest in Saudi's fintech sector
Digital trends taking place in apparel and beauty started happening with food
eLydian Lion will be run from Investcorp's Abu Dhabi office
IPI grew by 22.3 percent in February
The dollar reached its highest level in two years... and oil prices fell back to below $100
DEWA shares trading approached 410 million dirhams
Residential lease deals amounted to more than 139 thousand contracts
For every increase of 100 basis points, Banks' net income to increase by 13%
The joint venture will address needs of growing aviation sector in Saudi
The monetary authority halted opening of online bank accounts
Dubai’s real estate market to ramp up going forward
The industry stakeholders lost sight of buildings’ unsustainable energy usage
Binance will provide its services in the Middle East and North Africa region
Lebanon to implement 8 reforms as pre-conditions to IMF Board approval
The demand for global air cargo markets increased in 2022
Acquisition marks GMG’s first entry into food retailing
The digital economy has its appeal but there is more
World Food Program: War pushing MENA into starvation
93 homes worth more than $10 million were sold
Committee on Open Markets expected to agree to reduce balance sheet at May 3 meeting
A person should Think about the type and quantity of food they eat
The high demand underlines the strength of Dubai's economy
$40 million to invest in Saudi technology startups
Iraq imports up to 80 percent of its goods from outside the country
Two or three government companies will be launched in the H2, 2022
The deal is worth $158 million
Since 2017, Saudi added 37,000 telecommunication towers
Citi Continues to Invest in Bahrain and Support Institutional Clients
"The quality of Qatari banks' assets will remain flexible"
Scaleups raised $5.4 billion
The strategy supports UAE’s industrial development, economic diversification
Contract is valued at $900 million
Neutral Fuels is turning waste into green energy
An inversion of the yield curve points to potential recession the next two years
GCC Trading activity at its highest reaching $88.8 billion
AED 22.3 billion total expected
Egypt tops African countries in VC transactions
An internal group-wide effort will drive a more productive work culture
Finance Ministry to repay loans exceeding 2.85 bn riyals at end April
Food intake, exercise, power naps, and more
OPEC said the increase in prices was driven by geopolitical tensions
The rail freight supports the industrial and logistics sector in Dubai
Agreements aim to promote entrepreneurship in various fields
Agreements reflect Dussur’s appetite to invest in Saudi industrial sector
$90 billion in revenues, the highest ever
SAMA reaffirmed commitment to support finance and payments sectors
Shareholders to receive 608 pence in cash per share
Decision based on strong investor demand, oversubscription across all tranches
The UAE is aiming to attract new forms of business
Egypt announced it had requested assistance from the IMF
Oil prices rise again after two days of decline
Several programs were signed, initiatives launched and agreements
Al Gergawi: The summit seeks to highlight opportunities, reveal future challenges
The S&P GCC equity market records largest gains since 2008
"We have one mission in OPEC + and that is to stabilize the market"
Investing in hydrocarbons ensures smooth global energy transition
The conference continued under the slogan "We Reinvent, We Renew"
With business activity back, the world may go back to high-carbon ways
Saudi Ministry of Investment grants 4 licenses to start-ups, one VC fund
Al-Mazrouei: “We will not leave OPEC+, or do something unilateral”
Solidarity shown with Europe by dispensing with lucrative gas contracts
SMEs represent 94% of the total number of companies
Final price of "DEWA" on April 6 and start of trade April 12
Middle East stocks will attract $82 billion in investments
Price range between 2.25 and 2.48 dirhams per share
The IMF praised "authorities' recent actions to expand targeted social protection
Fund will invest in companies developing new tech or improving existing ones
The Partners will supply, purchase, and trade carbon credits
A central role for PIF and an active year for UAE IPOs
Tiny behavioral changes can be colossal in saving oceans
The world awaits the “OPEC” meeting on March 31
Egypt’s Central Bank Governor: Maintain FX liquidity, investor confidence
Souq Al Mal to implement ambitious growth plan over 2 years
The Fed approved its first interest rate increase in more than three years
The Central Bank raises interest rates for the first time since 2017
Brent crude exceeded $110 a barrel
The Central Bank of Egypt is expected to raise interest rates
It announced cash dividends of 70.3 billion riyals
Saudis crown prince stresses preserving the "OPEC +" agreement
S&P: Qatar can compensate Europe for 13 percent of Russian gas supplies
Egypt among the countries boasting the world's largest smart cities
The US Reserve rate increase among many expected this year and next
The agreements aim to provide services for cementing services
It signaled seven rate hikes for this year to bring inflation under control
SEC completed the implementation of sector regulatory and financial reforms
The offer is to buy 22% of Mobily Shares at 47 riyals per share
Project is an investment worth about $11 billion
A 6.5 percent share of the company is on offer
The SPAC will be merging with tech-based financial services businesses
Gold retreated last Friday as a safe-haven appeal for the metal dimmed
Global central banks unveil their monetary policies this week
Best monthly performance for Saudi Tadawul and ADX
Bloomberg: The largest IPO in Saudi Arabia since Aramco
ECB left the option of raising interest open before the end of the year
"Goldman" warns the US economy could be in a recession next year
JP Morgan: There is a likely need to depreciate the pound
$ 217.5 billion in sector assets at end 2021, or 6.5 times the GDP
The UAE believes in the value that OPEC + brings to the oil market
The company still plans to list in April
Digital banks will be subject to all supervision and control requirements
Progress made on Dubai Waste Management Centre at Warsan
Banks are likely to keep reserves much larger than risk portfolios require
. Transactions from non-Gulf foreigners jumped by 180 percent
Brent crude prices rose another 21% closing at their highest since 2013
Event to highlight the contributions of women and girls around the world
Long-term bonds part of credit facility
Net profit amounted to 587.7 million riyals ($156.64 million) at the end of 2021
Most of field delivery tools were offline and not connected to the internet
City located in the Irqah neighborhood, in a 3.4 km2 area
They could increase the pace of electrification but also exploration
Saudi Arabia expects the first surplus in 8 years
Economic activity to accelerate in 2022 prompted by high and rising oil prices
ًinning the award is an incentive to continue on the path of excellence
Production and oil and gas prices contributed to strengthening the budget figures
The price of a barrel of Kuwaiti oil reached about $113
New incentives and packages designed to boost the e-commerce industry
The conference discusses the most important telecom industry issues
Technology, machine learning, simplifying the home-buying process
Saudi announces its support for the "OPEC +" agreement
The "National Railways Program" is an investment valued AED 50 billion
Non-oil sector constituted 88% of the total increase in actual revenues
Issues at stake ranging from delivery delays to safety concerns
Norway removes Russian assets from $1.3 trillion wealth fund
Saudi Crown Prince to Macron: Keen on balancing oil markets
Oil above $100, gold nears $2000, wheat at highest level in 13 years
A mega IPO-filled 2021 is encouraging large companies to sell shares
Moscow plans to borrow less and use national wealth funds
Russia 2nd to US in terms of Swift users
Even when nations don't sanction Russia, private companies will
Aramco announces in March its top financial results for 2021
The financing carried a total value of AED 1.99 billion
The surge in prices was after Russia launched an attack on Ukraine
Unwavering dedication to serve customers, shareholders, investors, partners
"Gazprom Trans" stopped receiving requests to transport LNG to Ukraine
Sustainability in the Aramco hierarchy of priorities
Dedicated office and expanded regional headcount to drive growth
Integrated listing, trading, and joint central depository operations
Most people work out primarily to get in shape
Banks reduce operating costs following losses
The sultanate also shows its prowess in bus manufacturing
STC net profit increased by 316 million riyals from the previous year
The IMF welcomes financial sector’s resilience and ongoing reforms
Strategic partnership entered with Streamax Tech, GBS solutions
Net foreign investment reached AED15 billion, the highest ever
The corporate tax on profits will replace several fees businesses currently pay
It’s the second such increase since 2019
Dozens of state entities to list shares, raise liquidity
The total amounted to $221.7 billion, with Saudi and Kuwait leading
Two Abu Dhabi state funds and 2 private sector investors in the running
BNPL is framed as an interest-free alternative to credit card payments
UAE climbs five places in UN's Competitive Industrial Performance Index
Awards part of strategy to boost crude oil production capacity to 5 million bpd
Arab financial markets witnessing a period of robust performance
Next could be the fastest rate of price increases since the 1980s
The Saudi mining sector in 2021 reached 83 billion riyals ($22.41 billion)
76% of Arab central banks considering issuing digital currencies
Sustainable air travel options will take years to become commercially viable
S&P Global economists expect the Fed to raise rates six times this year
US bond yields exceed 2% and oil is at a 7-year high
PIF’s ranking rose to sixth in the world, having compiled assets worth $580 billion
30% of poll participants see property sector as most likely to capitalize on NFTs
Saudi is one of the world’s fastest-growing countries in manufacturing
Upon any invasion, the US and EU could impose sanctions on Russia
Total amount of mortgaged properties for the week was AED 2.41 billion
The IPO is the premiere listing of Egyptian cosmeceutical players
Al Masaood Automobiles brands and partnerships always operated as industry leaders on positive change
Transaction conditional upon the completion of a comprehensive due diligence
Saudi "Tadawul" and Qatar Stock Exchange best performers
4.3 million people a year die from exposure to home air pollution
Investors on ADX can now own a highly diversified global trade enabler
The total building area of Avenues Mall stretches over 1.8 million sqms
Fitch: Even without a debt law, the government meets its financing obligations
The Arab Federation of Capital Markets (AFCM) weekly report
In 2015, 20 SPACs raised $3.9 billion in funds globally
Al Saidi to “Economy Middle East”: It will boost tax revenues, transparency
Investors feel anxious over tighter monetary policies
It was the second hydrocarbons finding ADNOC revealed
Saudi raised its natural gas production by 30% over the last 10 years
Production of Saudi and Russia rises to 10.331 million barrels per day
Shell's stock price rose 0.7% after it announced an $8.5 billion share buyback
OPEC+ refuses to be bound by faster increases in crude production
Total Sukuk issuances would range between $145-150 billion in 2022
Expect a slight increase in global demand for natural gas in 2022
Riyadh Metro was a headline grabber before its upcoming launch
What are the major market indicators influencing interest rates?
New technologies present opportunities for faster service
Agency predicts rate hikes from central banks in union
A COVID-19 vaccine and booster scandal brewing
The project will add SAR47 bln to the Kingdom's economy by 2030
ADNOC, TAQA partner to curb carbon emissions
CMA approves listing of over 70M shares from several companies
Stabilizing inflation among institution's main goals
ECB still buying govt bonds, corporate securities
Egypt eyes increased oil and gas output
Bahrain grants Binance preliminary approval
The emirate aims at having a carbon-neutral economy by 2050
Network imperiled by shortage of funds, fuel
Equity markets outlook bullish after spectacular 2021
How will an energy crunch impact the shift to renewables?
Digital asset management, a key to future prosperity
Western double standards risk reducing production levels
Dubai saves AED1,3B and 14M working hours with new policy
New technology boosts network capacity and speeds
Botox and fillers used to enhance camels' looks in a bid to win $66.6 mln
Cooperation strengthens maritime transport, trade ties
New tech cuts cost per bit, ups capacity per wavelength for Telecom Egypt
Mubadala strengthens its partnership with Chimera Capital
UNIDO, GMIS & Lloyd’s Register Foundation partner to promote industrial safety
UK market's fears subdued by 3-shot Omicron vaccine's success
Stronger real estate sales lift Emaar revenue
ACI: Investments to develop airports worldwide expected at $2.4 trillion by 2040
Saudi's SISCO strengthens its logistics plans via new acquisition
The acquired US logistics assets are leased by FedEx and General Mills
New partnership to boost industrial investment flows to the UAE
GCC investors eye UK's real estate sector
Sector
The 2 companies signed SLB deal for 5 Boeing jets
Exclusives
Banking & Finance
It succeeded, in under 6 months, in completing merger procedures
Deposits to grow driven by projected interest rate increase
The Fund aims to bring the best technology to Abu Dhabi
Real Estate
This is despite global price pressures
Names like Ronaldo, The Beckhams, Armani, made Dubai their 2nd home
Sales prices recorded a significant spike, particularly in regard to villas
Telecom
Solutions by stc contracted to implement the strategy
The group confirms $4.4 billion acquisition of Vodafone
The surge is driven by sustained demand for broadband and mobile services
Markets
This contrasts with the strong relationship between gold, real yields
US stocks suffer the longest series of losses since the Great depression
“Borouge” stock price set at 2.45 dirhams
Energy & Sustainability
ADNOC says the project with BP has moved into the design phase
Solar energy is the new oil
Saudi Energy Minister: World must appreciate value of the alliance
Health
While the outbreak is unusual, it remains “containable”, says WHO
The list includes Lebanon and Turkey
Logistics
The 2 companies signed SLB deal for 5 Boeing jets
Wheat imported into Kuwait is noted for low moisture content
In recognition of its efforts in supporting non-oil exports in the UAE
Industry
Expenditure on cars in Saudi reached SAR 40bn in 2020
Lucid to produce 150, 000 cars per year in Saudi by 2027
Technology saves costs, time, and the environment