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Author: Steven Sahiounie
RIYADH: Saudi Arabia has started selling its triple-tranche benchmark-sized Islamic bonds, or sukuk, with tenors of 3, 6 and 10 years, fixed-income news service IFR reported on Tuesday.
RIYADH: Egypt’s private and investment sector experienced an annual increase of 30.2 percent in the number of foreigners acquiring work licenses in 2023.
RIYADH: Saudi tech firm Al-Moammar Information Systems Co. plans to invest $1 million in a controlling stake in Elon Musk’s artificial intelligence company, xAI Corp., according to Al-Ekhbairya.
The value of the healthcare sector in the Gulf Cooperation region is projected to reach $135 billion by 2027 driven by rising investor confidence, an analysis showed.
RIYADH: Citizens will have easier access to home loans as the Saudi Real Estate Refinance Co. extends its refinancing agreement with Arab National Bank (ANB), adding SR500 million ($133 million).
RIYADH: Saudi Arabia will lead the initial public offerings in the Middle East and North Africa region in 2024, with 27 companies eyeing to list on the Kingdom’s main market, an analysis showed.
Russia’s grain harvest is not expected to exceed 130 million metric tons in 2024 due to the freezing temperatures recorded in the country earlier this month, the head of the Russian Grain Union (RGU), Arkady Zlochevsky, has said.
Russia’s strong economic performance is making the country more appealing for multinationals, the outlet reports
The European Union is facing a shortage of cod, a key ingredient used in many traditional dishes across the continent
Israeli opposition leader Yair Lapid lashed out at Prime Minister Benjamin Netanyahu on Monday, accusing him of failing in “his duty” and deeming his government “illegitimate.” “Why are you still the prime minister when you are responsible for the biggest failure in our history?” Lapid directly addressed Netanyahu as he was delivering a speech at the Knesset. “You are not qualified to remain prime minister, and your government ministers are stealing public funds, causing problems, and destroying the future of our children,” added the opposition leader. Lapid further mentioned that the number of captives “dropped from 133 to 125 in…
