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Total offering size to reach between $496 million and $515 million
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market
E-commerce and retail sector retained its position as the leading industry in Saudi Arabia's venture landscape
The interest rate on repurchase operations (repo) with the OCB for these T-bills is 6.00 percent
The wider project, estimated at $2.53 billion, has been officially named Al Mizn Neighbourhood
Privatization of state-related entities to support the initial phase of regional IPO growth
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
Projections suggest that the number of job opportunities will increase to 833,000 in 2024
The forum features a diverse range of participants, including government, business, and financial representatives
Al Khateeb outlines plans to add over 250,000 hotel rooms, attract young Saudis to the industry
By 2025, the Kingdom is expected to account for 67 percent of the MENA region's total E&P expenditure
In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan
ADNOC will retain the majority 78.5 percent of ADNOC Drilling
Non-oil sectors also saw a significant 7.1 percent increase, reaching $38.79 billion in 2023
In 2023, the UAE's economy grew by 3.6 percent, in line with the bank's forecasts
Strong demand seen from the eight primary dealers for both the 3-year and 5-year tranches of the sukuk
China accounted for three-quarters of the total investments in this field, according to the report
ECI covered 3.1 percent of UAE’s non-oil exports of $120 billion in 2023
GACA launches first aviation sector report for Saudi Arabia highlighting contributions of $53 billion
Mozambique's Coral South LNG development has a production capacity of almost 3.5 mtpa
The partnership will cover various areas, including data centre and supercomputing infrastructure buildout
The revision reflects the emirate's improved credit metrics driven by stronger medium-term growth forecasts
The Saudi aviation sector contributed $53 billion to the country's economy and supported around 958,000 jobs nationwide
