June 13, 2023

Etihad Credit Insurance and KazakhExport have signed a Memorandum of Understanding (MoU).

Etihad Credit Insurance (ECI), the credit protection company of the UAE government, has taken a significant step towards fostering trade and promoting sustainable economic growth between the UAE and Kazakhstan by signing a Memorandum of Understanding (MoU) with export insurance company “KazakhExport.” This collaboration aligns with the vision of “We the UAE 2031,” which aims […]

June 13, 2023

Emirates and Kenya Airways have established an interline partnership.

Emirates and Kenya Airways have announced a significant interline partnership, opening up a world of new travel possibilities for customers of both airlines. The agreement will enable passengers to access a wide range of destinations on the two airlines’ networks within a single itinerary, while also benefiting from seamless baggage check-in to their final destination. […]

June 13, 2023

Salik advises stock investors to exercise caution and avoid falling victim to fraudulent schemes promoted through social media platforms.

Salik, the exclusive toll gate operator in Dubai, has issued a warning to the public and investors about an active social media scam campaign falsely claiming to offer high returns for investing in Salik.

June 13, 2023

SICO’s Fixed Income Strategy is honored with the prestigious award for Best MENA Fixed Income Fund Strategy.

SICO, a leading asset manager, broker, and investment bank in the MENA region, has been awarded the esteemed title of Best MENA Fixed Income Fund Strategy at the Bonds, Loans & Sukuk Middle East Awards 2023.

June 13, 2023

Bank Albilad becomes the inaugural Saudi bank to offer Open Banking services.

Bank Albilad has successfully fulfilled the technical permit requirements to enable open banking services in accordance with the regulatory framework established by the Saudi Central Bank (SAMA).

June 13, 2023

Hisense is expanding its operations in the Kingdom by entering into a partnership with Abdul Latif Jameel Electronics

Hisense, a leading global electronics manufacturer, is expanding its presence in the Kingdom of Saudi Arabia through a strategic partnership with Abdul Latif Jameel Electronics.

June 12, 2023

Jazan’s Economic Zone Targets $2.93 Billion in Foreign Investments by 2040.

Jazan’s economic zone is poised to attract SR11 billion ($2.93 billion) in foreign investments by the year 2040, leveraging the untapped mining reserves valued at over $1.3 trillion.

June 12, 2023

The Industrial Production Index of Saudi Arabia demonstrates a 3.2% increase in the month of April.

The Kingdom’s Industrial Production Index (IPI) rose by 3.2 percent in April 2023 compared to the same month the previous year, according to official data released by the General Authority for Statistics.

June 12, 2023

The CEO of Diriyah predicts that Saudi Arabia will emerge as an appealing choice for Chinese tourists.

In a recent statement, the CEO of Diriyah, a historic site and cultural hub in Saudi Arabia, has expressed confidence in the country’s potential to become an alluring destination for Chinese tourists.

June 12, 2023

Al-Falih states that the resurgence of the Silk Road will provide a fresh boost to regional development.

The announcement was made during a significant business event held in Riyadh, where Saudi Investment Minister Khalid Al-Falih emphasized the Kingdom’s potential as a gateway for China into the Arab world.

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