Thursday 4 September 2025
 
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Bahrain's non-oil imports jump 17% in July

The value of Bahrain's non-oil imports increased by 17% reaching to BD544 million ($1443 million) in July 2025 in comparison with BD464 million for same month in 2024. The total value of non-oil exports (national origin) decreased by 1% to reach BD333 million ($883.30 million) during

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Al Baraka Islamic Bank signs strategic partnership with Dhaman

Bahrain-based Al Baraka Islamic Bank has announced the signing of a significant partnership agreement with the Arab Investment and Export Credit Guarantee Corporation (Dhaman).    This strategic deal will enable Al Baraka to expand its international ba

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Diriyah Company unveils exclusive Chedi branded villas

Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has announced the launch of The Chedi Residences Wadi Safar, that are set to redefine luxury living in the kingdom.   Designed by the intern

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Philip Morris names new managing director for Lower Gulf & Iraq

Philip Morris Management Services (Middle East) has announced the appointment of Richa Rustagi as its new Managing Director for the Lower Gulf and Iraq.    Rustagi is a seasoned business leader bringing over 15 years of industry experience in marketing, com

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Nasdaq Dubai lists Binghatti Holding’s $500m sukuk

Nasdaq Dubai, the region's international financial exchange, has welcomed the listing of a $500 million sukuk by Binghatti Holding, a leading Dubai-based property developer.   Issued under Binghatti’s $1.5 billion Trust Certificate Issuance Programme,

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Barco launches debut residential project at Dubai South

Barco Developers, an emerging real estate company in UAE, has announced the launch of its debut project - Livia Residences - a six-storey development featuring 71 apartments at Dubai South.     This comes as part of its ambitious plans to deliver over

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Oman's National Finance launches sustainable finance solutions

National Finance, the Sultanate of Oman’s leading finance company, has unveiled its Sustainable Finance offering, a key step in supporting individuals and corporates in their shift towards environmentally responsible practices in line with Oman Vision 2040.

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Bank ABC mobilises record $2.8 billion in sustainable finance

Bank ABC has set a new benchmark in sustainable finance, mobilising $2.8 billion in 2024, with 86% channelled to emerging markets across Brazil, North Africa, the Middle East, and Asia – regions at the frontline of climate and development challenges.   

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Work in full swing at Alinma Bank’s new headquarters

Saudi Arabian Construction Company (SACC) has announced that work is in full swing at the new headquarters of leading Saudi financial institution Alinma Bank coming up in capital Riyadh.    Strategically located in the Al-Yasmeen District with direct access

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Riyad Capital launches new real estate sukuk for Sumou Global

Riyad Capital, the leading Saudi IB Advisor and a leading asset manager within Saudi Arabia and the GCC region, has announced the successful issuance of a SAR500 million ($133 million) Saudi Riyal denominated sukuk for Sumou Global Investment Company, a first of its kind for the Saudi Real Es

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