Funds
IMF boosts ???????? Turkey’s foreign exchange reserves to $6.4 billion
The International Monetary Fund (IMF) has drawn a new Special Drawing Rights (SDR) program, owing to...
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Saudi Arabia closes August Sukuk program at SR11.358 billion ($3 billion)
The August 2021 issuance under the Saudi Arabian Government SAR-denominated Sukuk program was closed by the...
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ADNOC Group to expand the Al Noud field’s production capacity by investing $187mn
Abu Dhabi National Oil Co. (ADNOC) is contributing $187 million to boost the production limit of...
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Red Sea Farms boasts a $16MN investment from Saudi, the USA, and the UAE
Red Sea Farms is a Saudi-based Agri-tech start-up that delivers environmentally sustainable and innovative agriculture technology...
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Kuwait’s Finance House plans to finance mega government projects in Saudi
Kuwait Finance House (KFH) plans to finance mega multimillion-dollar government projects in Saudi Arabia, including the...
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Falguni Nayar Gets Her Turn as Billionaire Startup CEO in Nykaa IPO
Falguni Nayar is in the news for all the right reasons. Nykaa, her brainchild, has become...
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Dubai Expo 2020 to host award-winning global Michelin star chefs
The much-awaited six-month extravagant event of this year in Dubai, Expo 2020 will host award-winning globally famous...
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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...
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MENA gets $4.75bln as support in fiscal 2021 from World Bank
The Covid-19 pandemic has wreaked havoc and has taken a devastating toll on people across Mena....
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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...
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