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Banking & Finance
Saudi Arabia’s The Avenues Khobar secures SAR4.35 billion funding
One of the largest tourism projects in the Eastern Province
Logistics
PIF invests in aerospace engineering company, Saudia Technic
Investment supports 1 million square meter MRO village in Jeddah
Economy
UAE economy emerges as the most competitive as per Arab Monetary Fund
Continuous advancements key behind nation’s exceptional performance
Economy
CBUAE report reveals strongest-performing sectors in Q3 of 2023
Real estate, tourism and aviation showed robust performance
Markets
Central Bank of Oman raises OMR29.45 mn through T-bills allotment
T-bills with a 28-day maturity were valued at OMR10 mn
Technology
New AI-powered space technology company launches in Abu Dhabi
Company's implied market capitalization stands at $4 bn
Markets
Oil prices decline amidst rise in U.S. inventory, global trade concerns
Crude prices face headwinds as market focus shifts to slow demand and trade disruptions
Markets
Saudi Arabia raises SAR10.55 bn in local sukuk in December
The total volume of bids amounted to approximately SAR14.125 billion
Economy
CBUAE budget balance reaches AED647.6 billion in October
Balance sheet includes AED283.9 billion in cash and AED206 billion in investments
Banking & Finance
SAR262.7 billion credit facility extended to SMEs in Saudi Arabia
Banking sector contributed the largest volume of credit facilities, with an estimated value of SAR245.3 billion
Banking & Finance
Saudi Arabia launches FinTech program Makken to boost financial innovation
Efforts fall under Financial Sector Development Program
Logistics
Unwavering government support to propel Saudi Arabia’s aviation sector towards global leadership by 2030
Kingdom is building an attractive hub for business and tourism
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