Riyadh: The National Debt Management Center announced the closure of April 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The total amount allocated was set at SAR 7.396 billion.

The Sukuk issuance was divided into th…

Jizan, Over 40 years ago, the Jizan Mountainous Areas Development and Reconstruction Authority established the Agricultural Experiment Station to cultivate agricultural crops suitable for the region’s climate and to generate promising economic returns…

Riyadh: The National Housing Company (NHC) is pleased to announce a strategic partnership with Urbas Middle East Real Estate Company, a subsidiary of the esteemed Spanish Urbas group. This collaboration marks a significant milestone in the development…

Jeddah, The Jeddah Chamber is set to organize the Jeddah International Building Exhibition (Jibex) 2024 at the Jeddah Center for Exhibitions and Events from May 7 to 9.

Jibex 2024 will see the participation of over 300 exhibitors from Saudi Arabia an…

Manama, Beyon Money, part of the Beyon Group, has been included as a top 10 winner in the Rising Star category of Deloitte’s Technology Fast 50 programme.

Running for the third year, the programme celebrates and recognises the fastest-growing technol…

Manama, Bahrain Economic Development Board (Bahrain EDB) is set to host a high-level delegation from the Principality of Monaco, led by Frédéric Genta, the Secretary of Attractiveness, Development and Digital at the Government of Monaco on a two-day v…

Manama, Aluminium Bahrain B.S.C. (Alba) announced a significant milestone towards the commercial operation of its Power Station 5 (PS 5) Block 4 Project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT).

This achievement marks a ke…

Abu Dhabi, ADQ, an Abu Dhabi-based investment and holding company, today announced the launch of a US$180 million technology-focused fund, Jasoor Fund (the Fund), with Oman Investment Authority (OIA) represented by ITHCA Group. This commitment is part…

Manama, The Labour Fund, Tamkeen, has announced its support for the establishment of PwC Middle East’s Regional Service Delivery Centre in Bahrain, which will provide advisory and operational services across sectors. This initiative aligns with the go…

DOHA, Undersecretaries of the ministries of commerce of the GCC member countries convened their 58th meeting in Doha on Tuesday to prepare for the 66th ministerial meeting of the committee on trade cooperation.

The delegation of the State of Kuwait i…

KUWAIT, Kuwait Projects Company (KIPCO) plans to focus on investment growth as the cornerstone of its future plans and endeavors, the chief executive of the country’s largest listed investment firm Sheikha Adana Al-Sabah said on Tuesday.

KIPCO is har…

KUWAIT, National Bank of Kuwait (NBK) has reported a net profit of KD 146.6 million (USD 476.8 million) in the first quarter of 2024, compared to KD 134.2 million (USD 436.6 million) for the corresponding period in 2023, improving by 9.2 percent year-…