December will See Riyadh Host the 19th Internet Governance Forum
The King Abdulaziz International Conference Center in Riyadh will host the 19th Internet Governance Forum, which is being coordinated by...
Oil Updates: Middle East Tension and Libyan Outages Cause Prices to Suspend their Rise
Following a spike of more than 7% in the preceding three sessions, oil prices halted recent advances to trade in a range on Tuesday due to...
GCC Banks Established a Record in Q2 Lending Earnings of $21.5 Billion
In the second quarter of 2024, profits from lending activities at Gulf Cooperation Council banks hit a record $21.5 billion, up 7.6 percent...
Portugal and Saudi Arabia Establish a Business Council to Encourage Trade
According to the Federation of Saudi Chambers of Commerce, the establishment of a business council for the 2024–2028 term will strengthen...
Estithmar Holding of Qatar Issues $137 Million in Sukuk, Initially in Local Currency
With the 500 million Qatari riyal ($137 million) sukuk issued by Qatar-based Estithmar Holding, the company’s first corporate...
Egypt’s Economy Appears to be Improving, According to the IMF
As a consequence of the government’s recent attempts to reestablish macroeconomic stability, Egypt’s economy is beginning to...
Saudi Arabia is Expected to Reach its $24 Billion Foreign Direct Investment Target by 2024, According to Standard Chartered
An estimate suggests that Saudi Arabia may be able to attract $24 billion in foreign direct investments this year thanks to a number of...
Saudi Housing Sector Closes Major US Acquisitions to Accelerate the Growth of Real Estate
The housing sector in Saudi Arabia has signed five significant agreements on financing and real estate development with major US...
KSrelief Offers Yemen, Jordan, and Iraq Medical Assistance
KSrelief, the Kingdom’s humanitarian organization, is still providing medical care to refugees in Yemen, Jordan, and Iraq. Throughout...
UAE Facilitates the Exchange of 230 Inmates Between Ukraine and Russia
The first prisoner exchange between Russia and Ukraine since Ukraine began its offensive inside Russia this month involved the release of...
