Riyadh is set to host the inaugural Global PropTech Summit this October, marking a significant milestone in the kingdom’s efforts to position itself as a...
Fourth Milling Co. to Go Public on Saudi Stock Exchange
Fourth Milling Company (MC4), a leading flour production company in Saudi Arabia, has announced its plans to go public on the Saudi stock exchange. The...
24 Fintech Conference in Riyadh a Big Draw
The inaugural 24 Fintech Conference, held from September 3-5, 2024, at the Riyadh Front Exhibition and Conference Center, has emerged as a major attraction in...
One Million State Pensioners to Miss Out on £300 Winter Fuel Payment
In a recent announcement, it has been revealed that approximately one million state pensioners will miss out on the £300 Winter Fuel Payment this year....
Egyptian Firm Plans Projects and Investments in Iraq
Egypt’s Talaat Moustafa Group (TMG) has announced plans to initiate several projects and investments in Iraq, marking a significant step in strengthening economic ties between...
24 Fintech Opens its Doors to Inaugural Event, Aiming to Boost Saudi Economic Growth
The inaugural 24 Fintech summit and exhibition has officially opened its doors at the Riyadh Front Exhibition & Conference Centre. This three-day event, designed to...
EGX Closes Sunday with Positive Performance
The Egyptian Exchange (EGX) concluded Sunday’s trading session on a high note, with several indices showing positive performance. The EGX30 main index rose by 0.42%,...
PM Attends Citibank Jordan’s 50th Anniversary Celebration
Prime Minister Bisher Al-Khasawneh attended Citibank Jordan’s 50th anniversary celebration in Amman, marking a significant milestone for the bank. The event highlighted Citibank’s contributions to...
Saudi Arabia’s PIF-Backed Companies Increase Dividends
Saudi Arabia’s Public Investment Fund (PIF)-backed companies have announced significant increases in their dividend payouts, reflecting the robust financial health and strategic growth of these...
Saudi Arabia Approves MoU with Iraq on Money Laundering
In a significant move to combat financial crimes, Saudi Arabia has approved a Memorandum of Understanding (MoU) with Iraq aimed at tackling money laundering and...
Egypt’s FRA Grants First SME Funding Licence in NBFC Sector
In a landmark decision, Egypt’s Financial Regulatory Authority (FRA) has granted the first-ever licence for small and medium enterprise (SME) funding to a company operating...
Saudi’s SRC and BlackRock to Develop Real Estate Finance Market Products
The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund, has signed a memorandum of understanding (MoU) with the US-based BlackRock...
Pakistan Seeks Additional $1.5 Billion Loan from Saudi Arabia to Secure IMF Bailout
Pakistan is seeking an additional $1.5 billion loan from Saudi Arabia to secure a crucial bailout package from the International Monetary Fund (IMF). This request...
Saudi Tadawul Witnesses 22 Private Deals Worth $104.26 Million on Thursday
In a notable day of trading, the Saudi Stock Exchange (Tadawul) saw the execution of 22 private deals totaling $104.26 million on Thursday. These transactions,...
Elon Musk’s X Attracts High-Profile Investors: Binance, Jack Dorsey, Andreessen Horowitz, and More
Elon Musk’s ambitious rebranding of Twitter into X has drawn significant attention and investment from some of the most influential figures and firms in the...
TAQA-JERA JV Reaches Financial Closure on Saudi Industrial Steam and Power Plant
The Abu Dhabi National Energy Company (TAQA) and Japan’s JERA Co. have successfully reached financial closure for their new industrial steam and electricity cogeneration plant...