News

Sohar Bank in Oman Plans to Explore Merger with Ahli Bank, Could Create a $29 Billion Company
Banking & Insurance, Oman
Sohar Bank in Oman Plans to Explore Merger with Ahli Bank, Could Create a $29 Billion Company

Sohar Bank in Oman Plans to Explore Merger with Ahli Bank, Could Create a $29 Billion Company Sohar International Bank in Oman…

Fitch says UAE’s bond and sukuk sales grew by 8.3% to $309.4 billion in the first quarter of 2025
Stock Markets, UAE
Fitch says UAE’s bond and sukuk sales grew by 8.3% to $309.4 billion in the first quarter of 2025

Fitch says UAE's bond and sukuk sales grew by 8.3% to $309.4 billion in the first quarter of 2025 Bond and sukuk…

EFG Holding’s Bank NXT made $35 million in profit in 2024, a 54% increase, thanks to more loans and deposits
Banking & Insurance, Egypt
EFG Holding’s Bank NXT made $35 million in profit in 2024, a 54% increase, thanks to more loans and deposits

EFG Holding's Bank NXT made $35 million in profit in 2024, a 54% increase, thanks to more loans and deposits Bank NXT,…

Arab Markets Fall as US Tariffs Affect Global Stocks
Kuwait, Qatar, Saudi Arabia, Stock Markets
Arab Markets Fall as US Tariffs Affect Global Stocks

Arab Markets Fall as US Tariffs Affect Global Stocks Arab stock markets went down on Sunday as they started reacting to the…

UAE-Saudi Trade Relations: New Agreements Signed
Business, Saudi Arabia, UAE
UAE-Saudi Trade Relations: New Agreements Signed

UAE-Saudi Trade Relations: New Agreements Signed In recent years, Gulf economies have made significant strides toward reducing their dependence on oil revenues.…

Diversification Efforts Pay Off for Gulf Economies
Economy
Diversification Efforts Pay Off for Gulf Economies

Diversification Efforts Pay Off for Gulf Economies In recent years, Gulf economies have made significant strides toward reducing their dependence on oil…

Saudi Arabia’s travel surplus increased by 7.8% to $13.3 billion in 2024 as more visitors spent money in the country
Saudi Arabia, Travel
Saudi Arabia’s travel surplus increased by 7.8% to $13.3 billion in 2024 as more visitors spent money in the country

Saudi Arabia's travel surplus increased by 7.8% to $13.3 billion in 2024 as more visitors spent money in the country Saudi Arabia's…

TAQA signs a deal with EWEC to build 1 GW of energy projects
Abu Dhabi, Energy, UAE
TAQA signs a deal with EWEC to build 1 GW of energy projects

TAQA signs a deal with EWEC to build 1 GW of energy projects TAQA and EWEC have signed an agreement to build…

GCC Countries Accelerate Green Energy Transition
Energy, Gulf News, Investment
GCC Countries Accelerate Green Energy Transition

GCC Countries Accelerate Green Energy Transition The Gulf Cooperation Council (GCC) countries are making significant strides in their transition to green energy.…

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