UAE Federal Treasury Sukuk Program appoints ADIB as primary dealer
ABU DHABI, Â UAE - Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been appointed as a primary...
Economy
UAE, Switzerland discuss enhancing bilateral relations
BERN, SWITZERLAND - The UAE discussed bolstering strategic relations and cooperation in various development, economic and financial fields of common...
Geostrategy
Israeli Gaza bombing apparently amounts to war crimes: HRW
Unguided rockets and mortars fired by Palestinian groups towards Israel violate prohibition against targeting of civilians
Egypt’s economy to grow 5.2 percent in current fiscal: IMF
Egypt’s economy is expected to grow 5.2 percent during the current fiscal, compared to a projected growth rate of 2.8%...
Lebanon’s new PM begins bid to form cabinet
The billionaire politician, already twice a prime minister, was designated on Monday, days after Saad Hariri threw in the towel
Saudi Arabia may host two F1 races in 2021
Saudi Arabia might host an extra Formula One race this year in order to help the organizers of the race...
Automotive plastic sales to cross $9.5bn this year
Increasing demand for commercial and passenger vehicles and flourishing automotive export industry are primary factors propelling the market growth, according...
US condemns Houthi missile attack on Saudi Arabia
The US has issued a swift condemnation of the latest Houthi attack on Saudi Arabia with a ballistic missile and...
Covid-19: Oman vaccinates nearly two million people
Muscat governorate has vaccinated the highest number of people followed by North Al Batinah and South Al Batinah
Kuwait cancels plan to shut businesses from Tuesday
The government has canceled its plan to close down all commercial activities at 8 pm, from Tuesday. It will allow...
Tesla quarterly profits top $1 billion for first time
Record deliveries of electric cars during the period allowed Elon Musk's company to garner earnings of $1.1 billion in the...
Saudi Foreign Minister visiting Pakistan today to repair ties
Pakistan foreign office said the visit holds "special significance in the backdrop of the recent visit of Prime Minister Imran...
UAE Federal Treasury Sukuk Program appoints ADIB as primary dealer
ABU DHABI, Â UAE - Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been appointed as a primary...
Economy
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Incubeta buys Bruce Clay
Business
Vodafone signs deal with Whisbi
Business
Help developing nations purchase Ukrainian grain: Guterres to rich nations
UN Secretary-General António Guterres has called for wealthier countries to help developing nations purchase Ukrainian grain as supplies begin returning...
Geostrategy
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Business
Aramco to complete $2.65bn buyout of Valvoline in 2023
Days after disclosing it had signed a $2.65 billion equity purchase agreement with Valvoline Global Products, Mohammed Y. Al-Qahtani, Aramco’s...
- Mohammed Y. Al-Qahtani said that Valvoline and Aramco will expand their existing partnership to ensure that 'Valvoline’s brand is managed in a consistent and holistic manner'
- He noted that VGP will acquire perpetual ownership of the Valvoline brand, trademarks and copyrights in the products sector
Research
Saudi Arabia advances in education competitiveness index
The Kingdom of Saudi Arabia has progressed in the education, research, and innovation indicators per the World Competitiveness Yearbook 2022...
- The Kingdom’s ranking jumped to the 24th position in the report, compared to 32 in 2021.
- The Kingdom advanced two steps in the scientific infrastructure indicator, garnering the 30th position this year compared to 32nd position in 2021.
Business
Jordanian, Algerian businesses aim for better trade relations
The Jordanian and Algerian business community agreed to a new vision for the two countries' economic relations, aiming to open...
- The Jordanian, Algerian sides stress on the need to develop action mechanisms to overcome difficulties that mutual trade faces.
- The two sides agree to intensify meetings and exchange delegations' visits to get acquainted with available economic opportunities.