Saudi fintech firm’s IPO oversubscribed
Saudi Arabia's fintech sector witnessed a surge in investor interest as Rasan Information Technology Co. launched…
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Saudi Arabia
Egypt’s exports surge 10% in Jan-April ’24
Egypt's commodity exports grew by 10 per cent in the first four months of 2024, reaching $12.912 billion compared…
India’s Russian oil imports surge in April
India experienced a notable surge in its imports of Russian oil in April, reaching a nine-month peak.
Egypt’s food exports hit 405K tons in 1 week – NFSA
Egypt’s food exports reached 405,000 tons in the week ended on May 14, compared to a week earlier
Egypt-Arab trade volume drops to $26b in ’23 – CAPMAS
The trade volume between Egypt and Arab countries reached $26 billion in 2023, down from $29.5 billion in 2022.…
IEA trims global oil demand outlook
The International Energy Agency (IEA) reported a softening outlook for global oil demand growth this year,…
S. Arabia’s inflation edges up to 1.6% in April – GASTAT
Saudi Arabia's inflation rate rose to 1.6 per cent in April 2024, driven by higher prices for housing, utilities,…
S. Arabia’s NHC, China’s CMEC to build 20K housing units
Saudi Arabia's National Housing Company (NHC) has partnered with China Machinery Engineering Corporation (CMEC) to…
Tadawul to see influx of IPOs
Saudi Arabia boasts over ten companies eagerly awaiting to embark on initial public offerings (IPO) on its stock…
S. Arabia’s AI fund open to divest from China at US request
The head of Saudi Arabia's new $100 billion tech investment fund, Alat, signaled a willingness to sever ties with…