Friday, May 31, 2024

Finance

Saudi Arabia grants the first headquarters license for a Wall Street bank

The Saudi Ministry of Investment granted licenses to 450 international investors to open regional headquarters in Saudi Arabia. The Saudi Ministry of Investment granted Goldman Sachs a license to establish its regional headquarters in Riyadh, making it the first Wall...

Saudi Arabia announces the first “silent airport”

Abha International Airport launched an awareness campaign for travelers about the concept of the “Silent Airport,” by installing multilingual information signs and electronic notices for clarification, with the aim of providing a quiet travel experience. Management announced Abha International Airport...

UAE ADNOC invests in liquefied natural gas in Mozambique

ADNOC's acquisition of a stake in the Block 4 concession in Mozambique strengthens its position in the global LNG market and contributes to meeting the growing demand for low-emission energy. Abu Dhabi National Oil Company (ADNOC) announced the acquisition of...

Emirati G42 cooperates with Microsoft in a billion-dollar project

G42 will lead the first investment steps by building the required facility in the Kenyan city of Olkaria, in cooperation with Microsoft. "Company cooperates "Microsoft" with "G42“It is the largest Emirati company for artificial intelligence, to build a data center...

Pixar is restructuring its operations and laying off 14% of its employees

Pixar decided to restructure its operations and abandon content production for the Disney Plus platform to focus on film production, after a series of disappointing financial results for some of its recent films. Pixar, a subsidiary of Disney, announced restructuring...

Saudi Arabia seeks to establish a “Global Humanitarian Aviation Council”

A new initiative to establish a “Global Humanitarian Aviation Council” aims to facilitate and protect humanitarian aid transported by air, in cooperation between the aviation community, humanitarian organizations, and state governments. Dr. Abdullah Al-Rabiah, Advisor to the Royal Court and...

Strong performance of Gulf banks in the first quarter of 2024

The performance of Gulf banks in the first quarter of 2024 shows resilience and strength in the face of economic challenges, with expectations of continued growth in the future. The results of the first quarter of 2024 showed a remarkable...

Civil Aviation Authority Chairman Nayef Al Abri said that six new airports will be built in Oman.

Muscat: Civil Aviation Authority Chairman Nayef Al Abri said that six new airports will be built in Oman. He stated this while speaking at the Future Aviation Forum in Riyadh. He said that the new airports will become functional by...

Traffic law violators cannot leave Qatar; The authorities released seven new rules

Doha: The Ministry of Interior of Qatar has said that those who violated the traffic law cannot leave the country without paying the fine. The General Directorate of Traffic has announced that the rules and measures will come into...

Schengen visa fee hiked by 12% to Rs 8,200 from June: Details here

Approved European Commission On a proposal to raise fees Schengen visa For short stays worldwide at 12%. An announcement issued by the Slovenian Ministry of Foreign Affairs and European Affairs stated that the increase in visa fees will come into...

Latest News

Today Gold Rate in Saudi Arabia – 31th May 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,394.17 while 24k Per 10 Gram gold...

Today Gold Rate in Qatar – 31th May 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,330.02 while 24k Per 10 Gram gold price is QAR 2,855.00. Usually people opt...

Today Gold Rate in Oman – 31th May 2024

Today Gold Rate in Oman Today Per tola is OMR 348.16 while 24k Per 10 Gram gold price is OMR 298.00. Usually people opt...

Today Gold Rate in Kuwait – 31th May 2024

Today: Gold Rate in Kuwait (Kuwaiti Dinar) Today Per tola is KWD 275.85 while 24k Per 10 Gram gold price is KWD 236.50. Usually...

Today Gold Rate in Bahrain – 31th May 2024

Today Gold Rate in Bahrain ( Bahraini Dinar) Today Per tola is BHD 338.25 while 24k Per 10 Gram gold price is BHD 290.00....