BCI’s subsidiary secures US$100m loan from SIDF
RIYADH, SAUDI ARABIA - Basic Chemical Industries Co.'s (BCI) subsidiary Chemical Marketing and Distribution Co. Ltd. secured a loan from the Saudi...Business Banking & Finance
Fintech leads MENA startup boom with historic funding
Startups in the MENA region secured a staggering $764 million in funding in November 2023, demonstrating the region's growing influence...Business
Egypt’s export of iron, steel spikes 179 percent to $584m
During the first five months of this year, the Egyptian export of iron, steel has surged 179 percent to $584,...
Fully-vaccinated Saudi citizens can fly abroad from Aug 9
Also eligible for travel are citizens who recovered from virus six months ago and those who were infected six months...Also eligible for travel are citizens who recovered from virus six months ago and those who were infected six months earlier and vaccinated with single dose
Passengers below age of 12 need to present an insurance document approved by the Saudi Central Bank
Dubai-based Swvl to go public through $1.5bn SPAC deal
The company has signed a merger deal with Queen’s Gambit Growth Capital, the first special purpose acquisition company (SPAC) led...
On-campus workers must be vaccinated, say Google, Facebook
Spikes in infections due to a Delta variant of the virus have ramped up concerns in the United States, where...
Mawani inks deal with UFC to build silos at key Saudi ports
Once the silos are built, the at Jazan and Ras Al Khair ports will have a total storage capacity of...
Mubadala invests $250 million in biosimulation firm Certara
The deal happened between Certara, Mubadala, and some existing shareholders of Certara, including a shareholder affiliated with EQT.
Qatar Emiri Air Force adds four more Rafales
The four multirole combat aircraft from France’s Dassault Aviation include three single-seat Rafale EQ and a twin-seat Rafale DQ.
Sharjah survey to measure sector-wise growth in emirate
Department of Statistics and Community Development said the impact of government policies on the economy is reflected in the survey...
Emirates NBD’s first half profit rises 17% to Dh4.8 billion
Total income of the Dubai’s largest bank has jumped 9 percent over the preceding half year due to a marked...
Saudi tourism fund adopts cloud computing to help investors
Tourism Development Fund, which was set up in June, says use of Oracle Cloud applications will enhance data integration, increase...
In Brief
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains