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RIYADH: Saudi Industrial Development Fund has approved a total of 930 loans, valued at over SR75.4 billion ($20 billion), since the launch of the Kingdom’s Vision 2030 six years ago. Small and medium

RIYADH: The Saudi Real Estate Refinance Co., wholly owned by the Public Investment Fund, is seeing its assets hitting SR20 billion ($5.3bn) after it completed a deal with Alinma Bank to acquire one

RIYADH: Saudi Arabia said Wednesday it opened an investigation after videos purportedly showed security forces beating women at an orphanage in the Kingdom’s southwest. The governor of Saudi Arabia’s

RIYADH: Egypt’s Financial Regulatory Authority has issued the country’s first license to an institution engaged in Shariah-compliant financing of micro-enterprises. The authority awarded the license

RIYADH: The Saudi stock market ended Tuesday’s session on a downward note, with oil prices tumbling following a steep rise. The Tadawul All Share Index dipped 0.6 percent at 12,455, while the

RIYADH: The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, revealed that it has successfully evaluated 58 factories using the international Smart Industry Readiness

RIYADH: The Saudi Grains Organization has deposited SR57.5 million ($15 million) to 89 local wheat farmers who supplied quantities allocated for this season. Purchasing an amount of 31,762 tons, the
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RIYADH: The National Bank of Iraq has opened its first branch in Saudi Arabia, becoming the first Iraqi lender to engage in banking activities in the Kingdom, the CEO announced in a tweet. Yazeed

RIYADH: The UAE-based private healthcare provider Burjeel Holdings signed an initial agreement with the Saudi Ministry of Investment in a bid to expand into the Kingdom, with a target to invest up to

RIYADH: Saudi Arabia’s Public Prosecution said its financial fraud unit has started an investigation into 11 suspects who were allegedly part of a criminal organization that sought to defraud

RIYADH: Egyptian companies and businessmen have donated €6 million ($5.9 million) to construct monorail stations in return for naming the projects after them. Stations of Egypt’s first monorail will

RIYADH: A suspected meteor streaking across the sky in Saudi Arabia was caught on camera. Clips of a light streaking across the sky were shared by social media users on Twitter in the early hours of

RIYADH: Arab countries’ economies are likely to grow at an average annual rate of 5.4 percent in 2022 mainly driven by rising oil prices, a hike in crude production by oil exporters and the ongoing

RIYADH: The Saudi government will continue to implement a ceiling on gasoline prices in the medium-term, the Kingdom’s deputy minister for macro-fiscal policy at the Ministry of Finance told

RIYADH: Saudi Arabia’s benchmark index settled flat on Tuesday’s trading session, as investors scramble to assess the impact of declining energy prices and higher inflation on the index The Tadawul

RIYADH: Saudi Arabia’s low-cost airline has recorded an accelerated growth of 120 percent in the number of passengers during the first half of 2022. The number of passengers has increased to around 4

RIYADH: 17 new housing schemes were approved in Madinah during the second quarter of 2022, Saudi Press Agency reported on Sunday. The schemes cover a total area of 2,242,738 square meters and include

RIYADH: The Tadawul All Share Index, Saudi Arabia’s main index, ended the first trading session of the week lower, following four consecutive gains led by a decline in Aramco. TASI slipped 0.13

RIYADH: Ukraine’s foreign currency rating was lowered to selective default, from CC, by global rating agency S&P, and to restricted default, from C, by Fitch Ratings, according to Bloomberg. This

  By K R Sudhaman   India takes over presidency of G-20 at a critical juncture when geo politics is at cross roads and global economy difficult and sagging. This is significant as it takes over leadership at a time when there is need to strengthen multilateralism and that India is ideally suited because of […]

The post India Takes Over G-20 Presidency On December 1 AT a Critical Time first appeared on IPA Newspack.

RIYADH: The Saudi Ministry of Industry and Mineral Resources issued 90 new industrial licenses in June, which were distributed over five industrial sectors. Industries associated with the

RIYADH: Saudi Industrial Services Co.’s second-quarter revenues jumped 9 percent from the first quarter of 2022, driven by strong performance in the ports and water sectors. Revenues for the second

RIYADH: Saudi Arabia’s Ministries of Finance and Energy have fully nationalized the Saudi Power Procurement Co. after buying up shares in one of the firm’s subsidiaries. The ministries announced the

RIYADH: Saudi stocks market started higher on Tuesday — and continued to rise until the end of the day as investors took comfort in corporate earnings reports. The Saudi benchmark index, TASI, rose
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Just in:
Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences // Battle Uttar Pradesh Will Be Tougher For Yogi Than Expected // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Dubai details five-year visa benefits for returning visitors // Microfinance case trouble for Vellappally // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // Private varsities bill all set to face the axe // Kochi police detain two actors over bid to honey trap doctor // CM disputes Vijayan’s claims // Ningbo Consensus on Collaborative Development released at 2026 Global Mayors Dialogue · Ningbo // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Motorola introduces Signature 27 flagship priced at $1,599 // Emaar approves Development buyout ahead of planned delisting // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // HKUST President and Chinese Academy of Sciences Academician Prof. Nancy Ip Receives UNESCO Honor for a Second Time // OpenAI introduces GPT-6 Cyber with restricted security access // Oil advances towards $100 as tanker attacks persist // TVM –Mangaluru Vande Bharat claims top spot // Dubai Future District Fund and Buimerc formalise cooperation //