The Central Bank of Oman (CBO) has announced that the total issuance of Government Treasury Bills amounted to RO 70 million this week. According to the Oman News Agency (ONA), the value of the allotted Treasury Bills amounted to RO 5 million for a maturity period of 28 days. The average...
The United Arab Emirates has solidified its position as a leading regional and global player in foreign direct investment, according to Jamal Bin Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC). He estimates the total value of Emirati investments abroad,...
The Department of Energy – Abu Dhabi’s 2023 report has highlighted the outstanding performance of the emirate’s power grid, according to SAIFI and SAIDI reliability indices, with specific reference to the supply of electricity to industrial zones and companies operating within them.In this...
Asad Ahmed, General Manager and Head of Financial Services in the Middle East at Alvarez & Marsal, said that the banking sector in Saudi Arabia will likely contribute mainly to achieving the goals of Vision 2030, indicating that Saudi banks enjoy positive prospects. Ahmed also...
In the hustle and bustle of daily life, homes and workplaces are not immune to the challenges posed by pests, plumbing, and malfunctioning air conditioners and other appliances. Ahead of an important event or in between a busy day, one may encounter a leaking tap or a broken air...
The leading global professional services firm, Deloitte, hosted the seventh annual Financial Crime Symposium in Dubai, gathering professionals from various sectors of the global financial services industry, including law enforcement, regulatory bodies, financial institutions and experts in the...
The 12th Sikka Art & Design Festival, held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council, marked a significant milestone with record-breaking attendance,...
Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, is collaborating with Eureeca, a global investment platform matching individual and institutional investors with growth and pre-IPO companies. This collaboration aims to bolster accessibility to ADX IPOs in a...
ACES, an international neutral digital infrastructure company, is thrilled to announce the signing of a cooperation agreement with Red Sea Global (RSG) for implementing state of the art IBS - 4G/5G neutral mobile infrastructure, marking a significant leap forward in the company's mission to...
Almarai Company announced its investment strategy for the next five years, 2024-2028, to strengthen its leading position as the largest vertically integrated dairy company in the world, and the largest in the production and distribution of food and beverages in the Middle East, and to consolidate...