DCAA
May 17, 2023

The DCAA has entered into MoUs with Dubai Aviation City Corporation and Dubai Integrated Economic Zones.

The first MoU establishes a strategic partnership between the DCAA and Dubai Aviation City Corporation.

Bayanat
May 17, 2023

Bayanat, Yahsat, and ICEYE have joined forces to enhance the space ecosystem of the UAE.

In an exciting collaboration, Bayanat, Yahsat, and ICEYE have united their expertise to unlock new commercial opportunities within the burgeoning space ecosystem of the United Arab Emirates (UAE). By leveraging their combined strengths, these companies aim to propel the UAE’s space industry to new heights and drive economic growth in the region. Bayanat, a leading […]

Emirates NBD
May 17, 2023

Emirates NBD unveils the Digital Asset Lab and reveals the esteemed individuals who form the founding council.

Emirates NBD, a leading bank in the United Arab Emirates (UAE), has made an exciting announcement with the launch of the Emirates NBD Digital Asset Lab.

Jamjoom
May 16, 2023

Jamjoom Pharmaceuticals had a successful first day of trading as Saudi Arabia’s IPO market continues to thrive.

Jamjoom Pharmaceuticals Factory Co., a prominent generic drug manufacturer, witnessed robust demand as its initial public offering (IPO) in Riyadh attracted substantial investor interest.

Nintex
May 16, 2023

The launch of Nintex accelerates Saudi Arabia’s digital transformation efforts.

Saudi Arabia – In a significant development for Saudi Arabia’s digital transformation journey, Nintex, a US-based software company, has announced its plans to open its first regional office in the Kingdom. The move aligns with the goals set forth in Vision 2030 and signals Nintex’s commitment to supporting the country’s path toward digitalization. The expansion […]

Moody
May 16, 2023

Moody’s has revised Oman’s rating to Ba2 with a positive outlook.

Moody’s Investors Service has upgraded Oman’s issuer and long-term senior unsecured ratings to Ba2 from Ba3

Bahrain
May 16, 2023

Saudi Arabia and Bahrain Seek to Strengthen Bilateral Trade and Cooperation.

Saudi Arabia and Bahrain are poised to give a significant boost to bilateral trade as senior ministers from both nations convened in Manama on Sunday to reinforce cooperation in investment

Riyad Bank
May 16, 2023

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
May 16, 2023

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 TotalEnergies
May 16, 2023

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.

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