Mena region attracting global players and more SPAC deals
The Mena region is seeing many deals from SPAC, indicating that the startup ecosystem in this region is attracting global...
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Shopping malls in Oman to accept only cashless transactions from 2022
From Jan 1, 2022, Oman will be making it mandatory for all merchants to accept only cashless payments. All across...
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Middle East’s longest railway tunnel project has been completed by China Civil Engineering Construction Corporation
The Middle East's longest railway tunnel project in the United Arab Emirates has been completed successfully by China Civil Engineering...
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Real estate sales deals of Kuwait surge to $1.3bln in June
The number of real estate deals in Kuwait worth $1.3bln has been distributed between 70 agencies and 1,271 contracts. Despite...
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West Virginia city seeking $2.5 bln in opioid lawsuit
West Virginia city and county, which were hard-hit by the opioid crisis, seeks $2.5 billion in the trial on Tuesday....
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Abu Dhabi’s ADIO $545mln Innovation Programme to support three tech firms
As part of the state-run Abu Dhabi Investment Office (ADIO) AED 2 billion ($545 million) Innovation Programme, it has partnered...
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Bank Albilad intends to redeem Sukuk at over $267mln
The percentage of the redeemed outstanding SAR-denominated Regulatory Tier 2 Capital Sukuk will account for 53.05% of the total. Bank...
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SpaceX’s scored big with a new NASA contract
SpaceX hit the jackpot as it scored another major NASA contract. This time it is the most awaited mission of...
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OFIC planning to invest $1.2 billion in food security
The government’s food sector investment and development arm, Oman Food Investment Holding Company SAOC (OFIC), set up in 2012 as...
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The “Normalcy Index” ranks Egypt as the fourth most resilient country
According to The Economist, the "normalcy index," which offers a framework to assess changes in behavior and dynamics associated with...
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