(Bloomberg) – Shares in Saudi Arabia surged at the close as MSCI Inc. was set to begin including some of the kingdom’s shares into its main emerging-market...
Dubai Land Department (DLD) has signed a license agreement with Mashreq Bank, one of the first banks operating in the UAE, for the use of the...
Oman Tourism Development Company (Omran), the executive arm of the Sultanate responsible for tourism development, has recently completed the first phase of its hotel upgrade at...
The Secretariat General for Taxation (SGT) launched an awareness campaign covering all governorates of the Sultanate to educate employers about the mechanism of applying the excise...
(Bloomberg) – SoftBank Group Corp.’s early-stage venture capital arm is setting up a second investment fund dedicated to unearthing promising startups in artificial intelligence, propelling founder Masayoshi...
Petroleum Development Oman (PDO) has committed to support a range of infrastructure commitments to benefit communities and boost sustainable development across the Sultanate. The company is...
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has received the approval of Capital Market Authority (CMA) to exercise the greenshoe option and...
(Bloomberg) – Fiat Chrysler Automobiles NV proposed a merger with Renault SA to create the world’s third-biggest carmaker as manufacturers scramble for scale to tackle an expensive...
Abu Dhabi’s manufacturing industries showed a growth rate of 5.9% that reflects the vital role of this major sector as an effective contributor to the emirate’s non-oil economy...
(Bloomberg) – Bitcoin jumped as much as 10% on Monday to almost breach $9,000 as it extended the best one-month rally since before the token’s historic surge...
