June 7, 2023

The SCA in the UAE has announced that companies issuing green bonds in 2023 will be granted a waiver on registration fees.

According to the Securities and Commodities Authority (SCA) in the UAE, companies that issue green bonds in 2023 will be granted an exemption from registration fees.

June 7, 2023

Retail investors show strong demand of 1.39 billion riyals for Jamjoom Pharma’s IPO.

Jamjoom Pharmaceuticals Factory Company’s initial public offering (IPO) in Saudi Arabia has attracted significant interest from retail investors

June 7, 2023

NEOM has secured a funding of $5.6 billion to embark on the development of the initial phase of residential communities.

Developmental work is progressing rapidly at NEOM, the futuristic city in Saudi Arabia, as the giga-project has recently concluded contracts valued at SR21 billion ($5.6 billion) to construct the initial phase of residential communities for its workforce.

June 7, 2023

Mawani has signed an agreement with Saudi Post to bolster logistics development in the region.

Saudi Arabia’s logistics sector received a significant boost as Mawani, the country’s port authority, signed a strategic agreement with Saudi Post.

June 7, 2023

Air Arabia plans to increase its fleet capacity in the UAE and aims to double it within the next 12 months.

Air Arabia Abu Dhabi, the prominent low-cost airline in the UAE, has announced its ambitious plan to double its fleet capacity over the next 12 months, as reported by state-run news agency WAM.

June 7, 2023

Dr. Nithin Raveendran Nair: A Visionary Leader Shaping the Engineering and Event Management Industry

Muscat, Oman – Dr. Nithin Raveendran Nair, the CEO of Axis Group of Companies, has emerged as a prominent figure in the engineering & event management industry. Under his visionary leadership, the company has achieved remarkable success and garnered widespread recognition for its engineering and event management services. With a team of dedicated professionals who […]

June 6, 2023

The Saudi energy minister emphasizes that OPEC is adopting a proactive and preemptive approach

Saudi Energy Minister Prince Abdulaziz bin Salman defended the decisions taken by the oil producers’ alliance, OPEC+, while emphasizing the importance of trust in the organization.

June 3, 2023

The Food and Agriculture Organization (FAO) Food Price Index registered a decline in May.

Food and Agriculture Organization Food Price Index

June 3, 2023

Inflation in the Eurozone has experienced a significant decline, triggering a debate regarding interest rates at the ECB.

Eurozone inflation experienced a larger-than-expected easing last month, raising questions about the necessity of further interest rate hikes by the European Central Bank (ECB) beyond the anticipated increase scheduled for later this month.

June 3, 2023

Wallan Trading has entered into a partnership agreement with Renault Group to distribute cars in the Kingdom.

Riyadh-based Wallan Trading Co., a prominent player in the Saudi car market, has entered into a strategic partnership with Renault Group to become the official distributor of Renault vehicles in the Kingdom.

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