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Saudi Arabia posts highest quarterly growth in two years

Saudi Arabia has registered a 1.3% growth in real GDP compared to the previous year with non-oil and government activities surging by 4.3% and 2.6% respectively while oil activities declined by 4.5% according...

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Microsoft to establish AI powered Azure Region in Kuwait

Microsoft has entered into a strategic partnership agreement with the Government of Kuwait represented by the Central Agency for Information Technology (CAIT) and the Communication and Information Technology...

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StartUp Bahrain kicks off annual pitch season

Startup Bahrain a Tamkeen-backed platform for startups in Bahrain kicked off a new season of its entrepreneurial series StartUp Bahrain Pitch spotlighting Bahrain s most promising founders. The event showcased...

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StartUp Bahrain seals partnership with Reboot Coding Institute

StartUp Bahrain the leading platform for startups in the kingdom supported by the Labour Fund (Tamkeen) has collaborated with Reboot Coding Institute the largest tech hub and coding programme dedicated...

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GCC inflation up 1.7% in October 2024 on housing prices

The overall inflation rate in the Gulf Cooperation Council (GCC) countries rose by 1.7% at the end of October 2024 compared to the rate recorded during the same month of the previous year according to...

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Ras Al Khaimah completes $1bn sukuk issuance

The Government of Ras Al Khaimah acting through the emirate s Investment and Development Office successfully closed its offering of a 10-year 1 billion senior unsecured sukuk at a profit rate of 5.01%....

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