Saudi PIF In Talks For $3.1bn Loan Guarantee Deal With Italian SACE: Report
The talks with SACE follow Italian Prime Minister Giorgia Meloni’s visit to Saudi Arabia, where agreements worth $10... Read more
Saudi Arabias Expat Remittances Hit $38.4bn In 2024, Highest Since 2022
The increase was reportedly mainly due to the growth in employment rates and the improvement of wages in some sectors Read more
Al Salam Bank Net Profit Rises 48.7% For Q4 And 39.8% For The Year
Net profit attributable to shareholders for Q4 2024 is $44.3 million, while that for the full year 2024 is $156.5 milli... Read more
Dubai 9-month GDP Climbs To $92.4bn As Transport, Finance, IT And Real Estate Sectors Lead Growth
Dubai GDP increased by more than 3 per cent in the first nine months of last year Read more
FAB Posts 4% Rise In FY 2024 Net Profit; Beats Estimate
For Q4 2024, First Abu Dhabi Bank’s net profit was to the tune of AED 4.18 billion Read more
Saudis Derayah Financial Secures Olayan Saudi As Cornerstone Investor For Tadawul IPO
Olayan Saudi is an investment arm of the kingdom’s Olayan Financing Company Read more
FTA Urges Registrants To Take Advantage Of Grace Period And Update Records
Administrative penalties will be imposed once the grace period announced by the UAE cabinet ends on 31 March 2025 Read more
UAEs Al Fardan Exchange Ties Up With Visa For Enhanced Cross-border Remittance Services
The company announced launching a new cross-border remittance service through Visa Direct Read more
Abu Dhabis Lunate Launches Ghaf Benefits Platform To Transform UAE End-of-service Gratuity
The platform is available to private sector employers and their employees across the country Read more
Sukoon Uses AI To Eliminate Medical Exams In Life Insurance
A short video of the applicant’s face will measure key health metrics like heart rate, blood pressure, and respiratio... Read more
Invictus Investment Acquires Mozambiques Largest Flour Miller
Merec Industries, with a processing capacity of 1.0 million MTpa, is expected to add over USD272 million to Invictus’... Read more
Gulf Sovereign Wealth Funds Drive $36bn+ Mega-deal Boom As UAE, Saudi Buck Global M&A Slowdown
Saudi Arabia's PIF and UAE sovereign funds, including Mubadala and ADIA, have been central to this growth Read more
Bitcoin Price Rebounds To Cross $100,000 Amid Lingering Fears Of Major Crypto Market Upheaval
Ethereum rebounded from $2,451 on Monday to $2,799 on Tuesday, marking a significant recovery for the major cryptocurre... Read more
Dubai Government Adds New Tabby Payment Option On DubaiPay
Tabby joins various other payment methods available on DubaiPay, such as credit cards, direct debit cards, smart wallet... Read more
Side Hustles In Dubai; UAE Petrol Prices; Saudi Job Localisation; Habtoor Cancels Lebanon Investments – 10 Things You Missed This Week
UAE petrol prices, Dubai real estate analysis, Saudi job updates, how to get a side hustle and more top stories this we... Read more