Highlighting investors' confidence, Tameed Digital Lending Platform, offering shariah-compliant Government Purchase Orders Financing for SMEs in Saudi Arabia, has successfully closed a Series A funding round, amounting to SAR 56.75M (USD 15M), led (...)
deploying capital into organizations to generate a measurable positive social or environmental impact alongside a financial return — is increasingly finding suitors in the GCC region. A testament to this notion is a consequent rise in supporting (...)
based investment company listed on Abu Dhabi Securities Exchange (ADX), has reported an 11% year-on-year increase in operational revenue, to AED 26.0mn from AED 23.4mn in 2017. In addition, Eshraq saw an increase of 20% year-on-year in its financial (...)
Russian Business Council, which was held yesterday in the headquarters of the Russian Chamber of Commerce, has stressed the importance of upgrading the existing trade relations, especially in light of the availability of great opportunities to (...)
Abdul Qader provided a presentation about investment environment in the Kingdom, saying that the Authority's priorities concentrate on the work to achieve a quantum leap in the investment environment, and direct quantitative investments to provide (...)
Khudhairi expressed his happiness with this center, which was established, thanks to Dr. Abdulaziz bin Mohiuddin Khoja; Dr. Bandar Al-Hajjar and others, stressing the importance of producing the picture representing the reality, pointing to the (...)
Sadhan:
In the name of Allah, the Merciful
Praise be to Allah and prayer and peace be upon our Prophet Mohammad and his family and companions.
Brothers and sons, the citizens,
Peace be upon you and Allah's mercy and blessings.
With the Praise of (...)
first century, we need all energy sources. The GCC commitment to the stability of energy markets is one of the constants during the past 30 years. The GCC member states are continuously able to meet global demand resulting from the global economic (...)
term sustainable economic growth and employment opportunities for citizens. Specifically, the focus will be on education, health, social services, security services, municipal services, water and water treatment services, roads and highways. (...)
arching message here today: Saudi Arabia will continue to be a stable supplier of crude oil to world markets for many decades. We are continually investing in our oil and gas industry, as exemplified by our investment to increase production at our (...)
a part of Al Shegrey Group – has announced the soft launch of its luxurious hotel project, "Le Dix," which has been built at a cost of $25 million in Beirut.
The property, located in the heart of Lebanese capital, is nestled near the historic (...)
Dabbagh said that companies having foreign capitals and wishing to establish projects in Najran Province will be awarded incentives associated with the rehabilitation and employment of Saudi cadres through the deduction of 50% from the costs of (...)
Saudia (Global Saudia) announced Monday that Standard & Poor's (S&P) Fund Services has assigned an "A" fund management rating to the Global Saudi Equity Fund, the first time a Saudi Equities Fund is assigned such a highly recognized rating.
The (...)
Dabbagh said that the budget allocated SR 157 million for SAGIA, stressing that the Authority will continue its efforts to implement the directives of the Custodian of the Two Holy Mosques King Abdullah Ibn Abdulaziz to improve the investment (...)
Saharan African states. Such increase encouraged food companies in GCC countries to increasingly convert their interests towards the Red Sea basin in an attempt to expand their operations, secure supply lines and take advantage of African large (...)
scale project opportunities for contractors, builders, and operators of transport facilities. Not only that, lucrative opportunities for constructing and operating advanced transportation and logistics infrastructure will continue to open (...)
Croat region and the majority of the investors come from Saudi Arabia, the UAE, Iran, Qatar, Kuwait, Libya, Egypt, Malaysia, Jordan, Oman, Croatia, Turkey, Slovakia, and even China.
The Jeddah-based Islamic Development Bank took part in (...)
Thousands of US Marines are preparing to take on a southern Afghanistan Taliban enclave in a massive show of force intended as a decisive start to President Barack Obama's “surge” of 30,000 extra troops.
The assault, expected to begin within days, (...)
The Minister of Finance, Ibrahim Al-Assaf, said Sunday that world governments need to keep up their stimulus spending through 2010 to avoid a double-dip recession.
“At the moment I don't think it's the time to curb spending. It could lead to (...)
Rifa'ei for electing him as the secretary general of the UN international tourism organization by the organization's executive council.
The participants of the meeting reviewed the reports submitted by the organization's secretary general and the (...)
Indian relations in general and comprehensiveness and particularity of Indian-Gulf and Indian-Saudi partnership in particular, indicating that Arab-Indian trade stands at nearly 20 per cent of the total volume of Indian trade exchange with other (...)
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Bahraini Dinar 9.985401
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Australian Dollar 3.110151
Bahraini Dinar 9.985401
Bangladesh Taka 0.054988
Canadian Dollar 3.332602
Danish Krone 0.728734
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