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FDI into Saudi Arabia grows 10.2% to $2.1bn: Economy Ministry  

FDI into Saudi Arabia grows 10.2% to $2.1bn: Economy Ministry  

RIYADH: Oil prices pulled back from a three-month high on Wednesday as industry data showed an increase in US crude inventories.   Brent…
Saudi Arabia set to become a global leader in biotechnology: Strategy& 

Saudi Arabia set to become a global leader in biotechnology: Strategy& 

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 23.45 points, or 0.20 percent, to close at 11,906.13. …
Closing bell: Saudi main index rises to close at 11,906 

Closing bell: Saudi main index rises to close at 11,906 

RIYADH: Kuwait recorded its first budget surplus of 6.4 billion Kuwaiti dinars ($20.86 billion) in nine years, as oil revenue…
SAMA licenses Fas Finance to operate in consumer spending space 

SAMA licenses Fas Finance to operate in consumer spending space 

RIYADH: In a push toward increasing financial literacy in Saudi Arabia, the Kingdom’s central bank has licensed Fas Finance Co.…
Fed poised to hike rates as markets anticipate inflation endgame 

Fed poised to hike rates as markets anticipate inflation endgame 

WASHINGTON: The Federal Reserve is expected to raise interest rates by a quarter of a percentage point on Wednesday, marking…
SAMA grants permit to BNPL platform Tabby 

SAMA grants permit to BNPL platform Tabby 

RIYADH: Reflecting its endeavor in supporting the fintech sector, the Saudi Central Bank has given the buy-now-pay-later platform Tabby a…
UAE revenues, expenditures decline during Q1 2023

UAE revenues, expenditures decline during Q1 2023

Saudi leaders are almost 3 times more likely to innovate during a recession: Dell Technologies  RIYADH: At a time of recession, Saudi…
Aldar Properties announces $131m redevelopment of UAE’s Al-Jimi Mall, Al-Hamra Mall

Aldar Properties announces $131m redevelopment of UAE’s Al-Jimi Mall, Al-Hamra Mall

RIYADH: The UAE’s government’s revenues and expenditures both saw downturns in the first quarter of 2023, with the tax yield…
تقرير: تدفقات الاستثمار الأجنبي إلى البحرين تسارعت بفضل الإصلاحات الاقتصادية

تقرير: تدفقات الاستثمار الأجنبي إلى البحرين تسارعت بفضل الإصلاحات الاقتصادية

الرياض: شهدت إيرادات ونفقات حكومة الإمارات تراجعاً في الربع الأول من عام 2023 ، حيث شهد العائد الضريبي انخفاضاً ربع…
البنك الدولي يتعهد بتقديم 350 مليون دولار لتعزيز الأمن المائي في المغرب

البنك الدولي يتعهد بتقديم 350 مليون دولار لتعزيز الأمن المائي في المغرب

الرياض: شهدت إيرادات ونفقات حكومة الإمارات تراجعاً في الربع الأول من عام 2023 ، حيث شهد العائد الضريبي انخفاضاً ربع…
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