London, United Kingdom - The British media group which owns the Daily Express and Daily Mirror tabloids on Monday announced...
Washington, United States -- JetBlue Airways will become the first airline to use Amazon's Project Kuiper satellite network to power...
NEW DELHI, INDIA – The Chief General Manager of the Reserve Bank of India's Department of Payment and Settlement Systems,...India and UAE have signed two MoUs to strengthen the use of national currencies for bilateral trade, link payment and financial messaging systems.
The RBI official said the two countries can work together to further develop digital payments and make them more efficient and convenient.
JEDDAH, SAUDI ARABIA - The Board of Executive Directors (BED) of the Islamic Development Bank (IsDB) approved to finance projects...The aid will contribute to ameliorate the socio-economic challenges faced by the people and will help in achieving significant SDG targets.
IsDB had made an emergency intervention to support the communities affected by the conflict in Sudan.
Riyadh, Saudi Arabia -- The Cityscape Global Exhibition, which kicked off Sunday in Riyadh, witnessed the launch of real estate...ROSHN Group will have four strategic partnerships of over SAR 9 billion in the fields of construction and infrastructure, Argaam reported.
National Housing Co. (NHC) also unveiled three luxury projects in Al Forsan and Khuzam suburbs, which provide 86,000 housing units with a value exceeding SAR 42 billion.
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.
