Banking & Finance

See Articles
Abu Dhabi’s economic power in focus

25 Key entities join together to deliver Abu Dhabi Finance Week 2023

Saudi’s foreign exchange reserves rise in August, reaching SAR1601.4 bn

Boost in reserves highlights strengthening Saudi financial position

UAE national banks green finance agenda in support of COP28, net-zero 2050

Six major banks collectively dedicated over $51.8 bn in green financing

What does the recent downgrade of U.S. banks mean? 

Downgrade of American lenders to resonate throughout the financial ecosystem 

Opportunistic Credit – Special situations and distressed debt

An opportunistic credit investor creates attractive pricing, stronger structures, to mitigate downside risks

Real Estate

See Articles
Dubai H1 sales of residential properties exceeding $10 mn reaches 92

The emirate recorded 219 homes priced above $10 million in 2022

Saudi’s SEVEN to build $292 mn entertainment destination in Yanbu

Immersive carnival-themed entertainment center with world-class rides

Cityscape Global 2023: SAR65 bn worth of exciting projects revealed

Roshn, China Harbour forge SAR7.7 bn partnership for future projects

Saudi real estate, infrastructure projects top $1.2 trillion mark: Report

Western Saudi to deliver $687 bn worth of real estate projects by 2030

Investing in the UK property market: Opportunities for GCC buyers

Weakness of the pound enhances appeal of UK property investments

92 percent of Saudis willing to pay more for eco-friendly broadband

65 percent of consumers concerned about broadband's carbon footprint

stc Group acquires a 9.9% interest in Telefónica

For a total consideration of SAR 8.5 billion (EUR 2.1 billion).

Saudi’s stellar growth stalls as oil sector contracts  

Saudi oil production dropped to 9.06 million bpd in July

ADIPEC: Future-proofing the world’s energy ecosystem

Putting the spotlight on ‘Decarbonizing. Faster. Together

OPEC raises concerns over IEA’s fossil fuel projections

Crude oil prices surged past $90 per barrel, highest since November 2022

Ethiopia completes filling of $4.2 bn dam

Egypt concerned over possible reduction in water supply

ADES Holding reaches $4 billion valuation pre IPO

Announces IPO subscription coverage of 62.7 times

The UAE USD bond issue 5 times oversubscribed

The order book attracted high quality investors and exceeded $7.4 billion

Greenback still mighty despite de-dollarization efforts

Gold being stokpiled as a greater share of reserves

GCC markets: strong sentiment index surge

Oil at $94 meet inflation concerns and interest rate decisions

EFG Hermes collaborates with the Saudi exchange during EFG Hermes Saudi forum

To showcase compelling Saudi equities to global investors

Ades holding announces IPO offer price range

And commencement of the institutional book building


See Articles
Egypt in talks for Abu Dhabi Bank loan to finance Kazakhstan wheat purchases

In pursuit to seek cost-effective alternative to Russian grain

Saudi Arabia’s The Helicopter Company soars at high altitude

Operator sets sights on global role in the rotor aviation industry

Currency exchange rates and trade dynamics in the Middle East

Middle East's economic significance extends well beyond energy exports


See Articles
Saudi is manufacturing its future with industry 4.0

Mining industry also a pilar for economic diversification

Saudization efforts result in 35 percent localization of dental profession

As of October 2022, over 2.12 mn Saudi workers have been emloyed

EV production and sales outpacing legacy combustion engine brands

Chinese BYD In H1 alone sold almost 1.2 million plug-in electric

Bahrain’s new initiative to build cutting-edge factories

The smart factory development is expected to be completed in 2026

New industrial licenses surge 16.6 percent

One year after Abu Dhabi Industrial Strategy launch


See Articles
Skillarabia launches in beirut, enhancing the educational landscape of the  Arab world

Bridging divide between real-world demands and conventional teachings

New TV channel set for launch on Saudi National Day

Official platform for broadcasting official events, entertainment activities, programs

India’s potential name change to Bharat sparks speculation

Changing the country's name would need a constitutional amendment

New UAE commercial gaming operator to boost tourism

The Caesars Palace in Dubai does not offer casino-like services