Saudi Arabia Now Owns $135.9 billion Worth of US Treasury Bonds

Saudi Arabia Now Owns $135.9 billion Worth of US Treasury Bonds

March saw an increase in Saudi Arabia’s holdings of US treasuries for the eighth straight…

Saudi Arabia topping the list, Egypt’s Exports to Arab Countries Rises by 8.7%

Saudi Arabia topping the list, Egypt’s Exports to Arab Countries Rises by 8.7%

According to new data, the value of Egypt’s exports to Arab nations increased by 8.7%…

Shuaa Energy 3 Gets Commercial Operation Certificate for its 300MW Solar Project

Shuaa Energy 3 Gets Commercial Operation Certificate for its 300MW Solar Project

It has been announced that the third phase of Shuaa Energy 3’s 900 megawatt solar…

To Bolster Ports Sector in Saudi Arabia, Mawani Issues New Licenses

To Bolster Ports Sector in Saudi Arabia, Mawani Issues New Licenses

The Kingdom’s maritime operations and logistics industry are expected to flourish as a result of…

UAE is Set to be the No. 1 ‘Wealth Magnet’ in the World

UAE is Set to be the No. 1 ‘Wealth Magnet’ in the World

According to new research report by Henley Wealth Private Migration Report, UAE is set to…

Saudi Banking Sector set for 9% Q2 Earnings Growth

Saudi Banking Sector set for 9% Q2 Earnings Growth

Financial analyst has predicted 9% annual growth for Saudi Arabia and the Saudi banking sector…

ADNOC L&S Expands Shipping Fleet with 13 New Vessels

ADNOC L&S Expands Shipping Fleet with 13 New Vessels

Abu Dhabi’s ADNOC Logistics & Services (ADNOC L&S) has awarded $1.9bn (Dhs7bn) worth of shipbuilding…

Jordan’s Agricultural Exports Record 25% Growth, Enhancing Revenues to $705m

Jordan’s Agricultural Exports Record 25% Growth, Enhancing Revenues to $705m

Jordan’s agricultural exports experienced a significant 25.3 percent increase from January to May, bolstered by…

Oracle Unveils its Second Public Cloud Region in Saudi Arabia, Strengthening the Kingdom’s AI Economy

Oracle Unveils its Second Public Cloud Region in Saudi Arabia, Strengthening the Kingdom’s AI Economy

Oracle Corp. has announced the launch of its second public cloud region in Riyadh as…

MSCI Adds Three Saudi Companies to Global and Small-Cap Indexes

MSCI Adds Three Saudi Companies to Global and Small-Cap Indexes

MSCI Inc., a leading provider of research-based indexes and analytics, has announced the inclusion of…

PIF Eyes Boeing, Airbus Freighters to Launch Saudi Cargo Airline

PIF Eyes Boeing, Airbus Freighters to Launch Saudi Cargo Airline

Saudi Arabia’s Public Investment Fund (PIF) is in discussions to acquire Boeing and Airbus freighters…

IMF Reports Positive Signs of Economic Recovery in Egypt Amidst Ongoing Reforms

IMF Reports Positive Signs of Economic Recovery in Egypt Amidst Ongoing Reforms

Egypt’s economy is showing encouraging signs of recovery, according to the latest review report from…