Dubai, UAE -- Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South...
The Harburg Group -- led by American Ben Harburg -- said it had "officially completed the 100 percent acquisition of...
RIYADH, SAUDI ARABIA: The supervisor of the Kingdom's first social network Jaco - Saudi entrepreneur Fahd Al-Shidi announced that the...The Saudi Arabian entrepreneur and supervisor of the project expressed confidence that Jaco will reach 5 million users by the end of the year.
At the official launch ceremony of the Jaco application in Riyadh, the supervisor expressed happiness at the success of the social network.
- The long-term facility was obtained from Gulf International Bank.
Care said the facility comprises SAR 100m revolving loan to be renewed periodically, and a SAR 250m long-term loan for a period of 10 years with a grace period of one year.
The facility will be used to finance the company’s working capital requirements and support its strategy via expansion and acquisitions.
The book-building process starts Sunday and run through Sept. 14.ADES International Holding, an oil and gas driller backed by Saudi Arabia’s sovereign wealth fund, PIF, expects to raise more than $1 billion.
The offer will comprise 338.7 million ordinary shares-- 101.62 million shares by ADES, the PIF and Zamil Investment Company, and 237.10 million new shares through capital hike.
- New Delhi, India-- Appealing to G20 members to lead by example in delivering on the promise of US$100 billion per...
Ahead of COP28, the IMF managing director said that target must be raised to reduce emissions to prevent grave risks to economic well-being
She urged countries to mobilize domestic resources to finance and manage the green transition through tax reforms, efficient public spending
Doha, Qatar--The Qatar Financial Centre Authority (QFCA), Qatar Stock Exchange and Malaysian Rating Corporation Berhad (MARC) have entered into a...The agreement entails organizing events to foster knowledge, develop market infrastructure to support Qatar's bonds and Sukuk market
The partnership extends to exploring opportunities to establish best standards and practices in the domains of sustainability and debt capital markets
Led by staples other than rice and sugar, the Food and Agriculture Organization of the United Nations revealed that its...Its Cereal Price Index dropped by 0.7% from July and International wheat prices dipped by 3.8% in August
But in contrast, the FAO All Rice Price Index climbed up by 9.8% from July to reach a 15-year nominal high
NEW DELHI, INDIA - UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi met to...The meeting was held on the sidelines of the 18th Group of 20 (G20) Heads of State and Government Summit in New Delhi.
The two sides also exchanged views on various regional and international developments of mutual interest.
AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with...ACC will host the forum, in cooperation with Malaysia, Indonesia, the Philippines, Thailand and Sultanate of Brunei.
Trade exchanges between Jordan and ASEAN grew by 42 percent during 2022, compared to 2021, ACC's statistical data said.
The German firm will hold "open-ended" talks with ADNOC.ADNOC said in mid-August that it was willing to make a new improved proposal to Covestro of $12.4 billion if it would get talks moving
The talks between the two come as the vital German chemicals industry, which accounts for about five percent of the country's GDP, is gripped by crisis
Major G20 partners are set to unveil ambitious plans on Saturday to enhance trade among India, the Middle East, and...Washington, Saudi Arabia, the EU, the United Arab Emirates and others will sign the deal on the sidelines of the G20 summit in New Delhi
Washington actively prods Riyadh - a major oil producer and security partner - to normalize ties with Israel after decades of conflict and closed borders
