Riyad Bank and NEOM collaborate to offer $800 million in financing for Sindalah island.
The luxury tourist destination of Sindalah Island has received a significant boost of SR3 billion ($800 million) through a partnership with Riyad Bank.
GASTAT reports that the inflation rate in Saudi Arabia remained steady at 2.7% in April.
Saudi Arabia – The latest report from the GASTAT reveals that Saudi Arabia’s inflation rate remained unchanged at 2.7 percent in April 2023, compared to the previous month. However, the Kingdom’s year-on-year inflation rate continues to climb, aligning with the global trend, with April 2022 recording a rate of 2.3 percent. The stability of Saudi […]
ADNOC aims to generate funds of approximately $607 million through IPO of its logistics unit.
ADNOC Logistics & Services plays a crucial role in supporting ADNOC’s oil and gas operations by providing marine and logistics solutions.
Al-Jadaan states that Saudi Arabia is committed to promoting regional progress and stability.
Al-Jadaan highlighted Saudi Arabia’s commitment to launching numerous initiatives aimed at supporting joint Arab endeavors.
The Group Chairman of IsDB announced net financing for sustainable development has reached US$ 170.5 billion.
IsDB) has achieved a significant milestone in financing sustainable development programmes and initiatives, reaching a net financing of US$170.5 billion
E& has expanded its satellite service portfolio to include the maritime sector, according to Etisalat.
Dubai-based telecommunications company etisalat by e& has announced the launch of its new Maritime SATCOMS portfolio of services for all vessels operating in UAE
In Q1, Salik recorded a net profit of AED275 million.
Dubai’s Salik toll operator has reported a net profit of AED275 million for the first quarter of 2023, the company announced during its meeting presided by Chairman of the Board Mattar Al Tayer. The toll operator also recorded its highest quarterly revenue-generating trips and toll usage revenue since its inception in 2007, at 113.6 million […]
By the end of Q1-2023, there were 17,868 licenses active in Ras Al Khaimah.
RAS AL KHAIMAH – The RAK Department of Economic Development has reported that there were 17,868 active licenses in the emirate by the end of Q1-2023
Tabreed’s Q1-2023 net profit reaches Dh236m thanks to new connections.
Tabreed, the Abu Dhabi-based district cooling company, has reported a significant increase in profits for the first quarter of 2023
Transfer pricing updates provide relief for mid-sized firms under UAE corporate tax.
The United Arab Emirates (UAE) government is extending a helping hand to mid-sized companies with new “transfer pricing” updates related to corporate tax compliance.