Tuesday, December 03, 2024

Today's News

Tuesday, December 03, 2024

Today's News

Tag: The Arabia Times

Increase in fuel prices in Kuwait

The Subsidies Examination Committee at the Ministry of Money made a decision to raise the rate The Subsidies Assessment Committee at the Ministry of Money decided to raise the price of Ultra 98 fuel from 210 fils to 225 fils per liter effective April 1,…

28 Mar 2023

Arab Jordan Investment Bank Purchases Standard Chartered’s Banking Business in Jordan

Arab Jordan Financial Investment Bank (AJIB) has signed an arrangement to acquire Common Chartered Financial institution's organization in the Hashemite Kingdom of Jordan, following the authorization of the Reserve bank of Jordan The contract details that the company, industrial and also institutional financial (CCIB), as…

28 Mar 2023

SNB appoints Saeed Mohammed Al-Ghamdi as new chairman

RIYADH: Saudi National Financial institution has actually designated Saeed Mohammed Al-Ghamdi as its new chairman following the resignation of Abdul Wahed Al-Khudairy from his message citing individual factors, it was announced on Monday. The financial institution additionally designated Talal Ahmed Al Khereiji as the brand-new…

28 Mar 2023

Real GDP growth projected to expand by 4.3% in 2024: UAE Central Bank

The Reserve bank of the United Arab Emirates has actually predicted the country's yearly genuine GDP development to expand by 4.3 percent in 2024. " After 3 quarters of high development, the UAE's economic climate maintained a strong footing in Q4 2022, mirroring a solid…

28 Mar 2023

Dubai’s Al Ansari Financial Services IPO pulls Dh12.7b as subscriptions, dividend yield at 7.8%

Retail investors compose hefty visibility as Al Ansari targets 7.8% returns return. The family-owned Al Ansari Financial Services' IPO saw registrations hit Dh12.7 billion, with the last deal price set at Dh1.03 per share, which goes to the top end of the cost range. The…

27 Mar 2023

Aramco CEO affirms support to ensure China’s energy security

RIYADH: Global power titan Saudi Arabian Oil Co. has attested its assistance for China's long-term power safety and also advancement, as the Riyadh-based business works closely with Chinese entities to fulfill lasting targets, its chief executive officer stated. Speaking at the China Development Discussion Forum…

27 Mar 2023

Non-oil sectors drive Egypt’s surging FDI inflows: CBE

Egypt's non-oil service fields were responsible for the lion's share of internet international direct financial investment (FDI) inflows throughout the first quarter (1Q) of the present FY2022/2023 (July-September 2022), the Reserve Bank of Egypt (CBE) said in a brand-new report. The duration saw Egypt's internet…

27 Mar 2023

Standard Chartered agrees to sell business in Jordan

Criterion Chartered (STAN.L) plans to offer its Jordanian company to Arab Jordan Investment Financial Institution (AJIB) (AJIB.AM), the two parties said on Sunday, as the arising markets-focused loan provider presses ahead with plans to exit seven markets in Africa and also the Middle East. The…

27 Mar 2023

Global investors increasingly attracted by Saudi Arabia’s incredible economic progress, say top officials at Franklin Templeton

RIYADH: Driven by giga-projects as well as economic reforms under the Vision 2030 program, Saudi Arabia has actually become an attractive location for capitalists, stated leading officials at international asset administration company Franklin Templeton. Speaking to Arab Information in a special interview, Salah Shamma, head…

27 Mar 2023

Israel-UAE free trade deal takes force as customs agreement inked in Jerusalem

Netanyahu states pact will improve service in between nations, 'reduce the expense of living'; 96% of traded products to be excluded from customizeds With the bilateral polite relationship coming under pressure, UAE-Israel economic ties took a vital step forward on Sunday, as the two side…

27 Mar 2023

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Increase in fuel prices in Kuwait

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Culture & Life Style

13 Jan 2023

Teenage NYC boy beaten unconscious by group who stole his Air Jordan sneakers

Air Jordans are highly desired tennis shoes A 16-year-old child is recouping after being beaten subconsciously on a Manhattan road by a group that stole his Air Jordan tennis shoes.…