Worldwide Sukuk Issuance Reaches $91.9 Billion in H1: S&P Global
The first half of 2024 saw $91.9 billion in global sukuk issuances, a little rise of 0.87 percent year over year led by Saudi Arabian and...
The Annual Inflation Rate in Saudi Arabia Increased to 1.5%: GASTAT
According to the most recent data, Saudi Arabia’s annual inflation rate increased to 1.5% in June of this year compared to the same...
NEOM and KAUST Collaborate to Combat Insects that Pose a Threat to Saudi Arabia’s 36 Million Palm Trees
Insects endangering Saudi Arabia’s palm palms are the focus of a collaboration between NEOM and KAUST. Saudi Arabian citizens and...
UKMTO and Ambrey Report that a Vessel has been Attacked Off Yemen
Britain’s maritime agency and security firm Ambrey stated that a merchant vessel claimed it had been attacked early on Monday by...
A Middle East and North Africa Humanitarian Initiative is Scheduled to Begin in Morocco
Over 25,000 individuals a year will receive medical assistance from the UAE’s newest humanitarian project, which is set to launch in...
Egypt Plans to Drill 110 Exploratory Wells in 2024–2025 for a Total of $1.2 Billion
A senior official announced that Egypt intends to invest $1.2 billion in drilling 110 exploratory wells during the 2024–2025 fiscal year...
Saudi Arabia will Increase Food Security in the Al-Baha Region with Five New Investment Initiatives
In order to achieve self-sufficiency under Vision 2030, five new investments in the Al-Baha region’s agriculture sector are expected...
Crude Oil Regains Ground Due to Political Unpredictability in the US and the Middle East
According to Reuters, oil prices recovered on Monday as a result of political unrest in the US and the Middle East, which countered...
With an Improved NPL Ratio of 1.4%, Saudi Banks Top the GCC in Terms of Credit Quality
According to data from the Saudi Central Bank, Saudi banks shown a noteworthy improvement in credit quality in the first three months of...
Zest for Life: A Saudi Artist Who is Disabled Uses his Art to Express Himself
Meet Saudi artist Rakan Kurdi, who is motivated to live life and pursue art on his own terms despite having spinal muscular atrophy from...
