The Central Bank of Oman has released treasury bills with a value of $36 million.
The Central Bank of Oman is a critical component of the country’s economic policy.
Chalhoub Group of UAE to launch its primary distribution center at Saudi Arabia’s inaugural special logistics zone
Chalhoub Group, a UAE-based luxury retail distribution company, has received a license to operate a fulfillment center at Saudi Arabia’s first special integrated logistics zone.
SoftBank is close to reaching an agreement to sell Fortress Investment Group to Mubadala for $3 billion.
The potential sale of Fortress is in line with SoftBank’s strategy of divesting non-core assets to pay down debt and raise cash.
Saudi Arabia introduces incubator and accelerator programs to aid SMEs.
Entrepreneurs in Saudi Arabia are set to receive a boost from the new Industrial Business Accelerator and Incubator.
Mozn has announced its expansion plans in the GCC region with the launch of its services in the UAE.
Saudi Arabia’s Mozn has announced its regional expansion plans.
MaskEX has received preliminary approval from VARA in Dubai.
MaskEX, a next-generation cryptocurrency exchange, has announced that it has received initial approval from Dubai’s Virtual Asset Regulatory Authority
Dana Gas has announced a net profit of Dh183 million for the first quarter of 2023.
Dana Gas’ performance in the first quarter of 2023 comes amid a challenging environment for the energy industry.
Emirates Steel, a subsidiary of Arkan Building Materials, almost doubled its net profit in Q1 2023 to Dh152.17 million.
Emirates Steel Arkan’s impressive Q1-2023 results are a reflection of the company’s focus on operational efficiency.
PureHealth has finalized a deal worth Dh1.8 billion to acquire a stake in a healthcare provider based in the United States.
The acquisition of Ardent Health Services is just one of several strategic initiatives undertaken by PureHealth to expand its integrated healthcare services globally.
Accor joins forces with Rua Al Madinah Holding to enhance the hospitality industry in Madinah.
The Swissotel and Novotel will be operated under Accor’s midscale and economy brands, respectively.