CBB Sukuk Al Salam securities oversubscribed by 372%
Manama, Bahrain--The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al Salam Islamic securities has...Business
Saudi Arabia, Belarus ink MoU to boost trade, investment
RIYADH, SAUDI ARABIA - The Federation of Saudi Chambers and the National Center for Marketing and Price Study at the...Business Economy Geostrategy
Iraqi restaurateurs pay bribes to dodge virus curfew
Lockdown forces restaurant, cafe owners to sack a quarter of their employees Corruption in Iraq has eaten up more than...
Travelport agencies won’t have to pay Emirates’ GDS surcharge
Emirates NDC content will be distributed via Travelport+ platform GDS booking surcharge ranges between $14 and $25 Travel agencies connected...
UAE starts issuing work permits for Golden Residency holders
The Golden Residency program is a long-term residence visa the UAE started in 2019 for foreign nationals who want to...Ethos Invest to raise $1.38 billion through a Shariah-compliant fund
The company will invest in the UK, Europe, the MENA region, South Asia, North America Sharia-compliant investment industry is available...
Qatar Investment Authority deals a blow to Credit Suisse, lowers stake
The QIA now hold a below five-percent stake in the Swiss bank Earlier it held about 133 million shares, making...
Maersk to build petrochemicals hub at King Abdullah Port
The port aims to provide logistics services for petrochemical exporters Maersk is investing in 100,000 sq m of warehousing space...
WPP teams up with Tihama to form a Saudi media joint venture
WPP and Tihama join hands to form a new Saudi media joint venture WPP will have 70 percent stake in...Saudi Arabia prods tech, industrial firms to list on Tadawul
Industrial companies to be given help in procuring land and factories In May, the kingdom issued 59 new industrial licenses...
Germany hopes return of pre-pandemic level Saudi tourist arrivals
Germany recorded 1.6 million overnight stays from the Gulf region in 2019 A campaign aims to inspire travelers to journey...
For poor Jordanians, debt trap is often a prison cell
Jordanians in financial trouble can't declare personal bankruptcy Non-payment of even small debts carries up to 90 days in jail...
