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The Public Investment Fund has invested $200 million in Saudi Arabia’s first ETF that is listed worldwide

The Public Investment Fund has invested $200 million in Saudi Arabia's first ETF that is listed worldwide The Public Investment Fund (PIF)…

The Public Investment Fund has invested $200 million in Saudi Arabia’s first ETF that is listed worldwide
Kuwait, Oil, Qatar, Saudi Arabia, UAE
Oil to Innovation: The Economic Shift in the Gulf States

Oil to Innovation: The Economic Shift in the Gulf States The Gulf states, long synonymous with vast oil wealth and towering skyscrapers,…

Oil to Innovation: The Economic Shift in the Gulf States
Business, Economy, Kuwait, UAE
UAE and Kuwait to Start 15% Minimum Tax on Multinational Companies from January 1 as Part of Diversification Plans

UAE and Kuwait to Start 15% Minimum Tax on Multinational Companies from January 1 as Part of Diversification Plans Starting January 1,…

UAE and Kuwait to Start 15% Minimum Tax on Multinational Companies from January 1 as Part of Diversification Plans
Economy, Food, Kuwait
Kuwait’s yearly inflation increased by 2.4% in November due to higher prices for food and clothing

Kuwait's yearly inflation increased by 2.4% in November due to higher prices for food and clothing Kuwait’s inflation rate went up by…

Kuwait’s yearly inflation increased by 2.4% in November due to higher prices for food and clothing
Business, Kuwait, Technology
Telecom company Zain plans to buy the remaining 70% of IHS Kuwait, making it the full owner with 100% ownership

Telecom company Zain plans to buy the remaining 70% of IHS Kuwait, making it the full owner with 100% ownership Zain Group,…

Telecom company Zain plans to buy the remaining 70% of IHS Kuwait, making it the full owner with 100% ownership

MOST READ

For June, 2024

  1. The UAE becomes the first and only Arab country to rank in the top 10 of the world’s most powerful passports in 2025
  2. ADNOC L&S buys 80% of Navig8 TopCo for $1 billion and aims to own it fully by 2027
  3. Dubai Aerospace Enterprise will fully own Nordic Aviation Capital
  4. Riyad Bank will increase its capital by issuing Sukuk
  5. Saudi Arabia’s PIF gets $7 billion through its first Murabaha loan to support medium-term funding
  6. Dubai is ranked eighth in the top 10 cities of the Global Power City Index 2024
  7. UAE Ends 2024 with Strong Growth in Non-Oil Businesses in December
  8. The Digital Transformation of the Middle East: What’s Next?
  9. Oil to Innovation: The Economic Shift in the Gulf States