Sat 18-06-2022 13:10 PM ABU DHABI, 18th June, 2022 (WAM) — In its capacity as the issuer, the Ministry of Finance (MoF), announced that the second auction of federal treasury bonds (T-Bonds) will be held on Monday, 20th June, with an auction size of AED 1.5 billion distributed over two tranches: a two-year tranche valued...
RIYADH/AMMAN — The Public Investment Fund (PIF) and Capital Bank Group, one of the largest banking groups in Jordan, Iraq and the MENA region, announced on Sunday the signing of a subscription agreement, through which PIF becomes a strategic investor in the Group. Upon the successful completion of the deal, PIF will have a 23.97%...
Sat 18-06-2022 17:35 PM ROME, 18th June, 2022 (WAM) — Italy posted trade deficit of 3.666 billion euros in April, ISTAT said Friday. That compared to a surplus of 5.871 billion in the same month last year, the state’s agency ANSA said. The energy deficit was 9.111 billion euros, compared to a deficit of 2.849...
BERLIN — Mercedes-Benz is recalling almost a million older cars from around the world due to possible problems with the brake booster, the company said on Saturday. Models of the ML, GL (BR 164) and R-Class (BR 251) series produced between 2004 and 2015 are affected, it said. Some 70,000 of them are in Germany....
DUBAI, 11th December, 2021 (WAM) — Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, and Commissioner-General of Expo 2020 Dubai, and Dr. Nayef Falah Mubarak Al Hajraf, Secretary-General of the Gulf Cooperation Council (GCC), attended the launch of the GCC Youth Forum hosted by the Youth Pavilion at Expo 2020 Dubai. Held...
DHAHRAN — In a move to reduce paper consumption for a ‘greener’ shopping experience, LuLu introduced e-receipts as transaction proof for its customers across stores in the Kingdom of Saudi Arabia. The e-receipt system will replace paper receipts and shoppers can instantly get their shopping receipts as SMS, which is more convenient & secure apart...
Wed 15-12-2021 15:54 PM DUBAI, 15th December, 2021 (WAM) — Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, stressed that Emirati youth are the true wealth of the country, the builders of the future and the ambassadors of the UAE, who promote the values of tolerance, peace, coexistence and human fraternity globally....
RIYADH — The Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of Saudi Public Investment Fund (PIF), announced the launch of “SAIL” marine environmental services company, to be a regional hub to respond to oil and hazardous spills along the entire coastlines of Saudi Arabia on the Red Sea and Arabian Gulf. SAIL aims...
ABU DHABI, 28th December, 2021 (WAM) — The Ministry of Foreign Affairs and International Cooperation (MoFAIC) Youth Council hosted Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, for a Youth Circle’s titled “Towards the 50-Year Journey – Generation Z Diplomat”. During the Circle, Sheikh Shakhbout stressed that one of the most important...
Saudi Gazette report RIYADH — Saudi Arabia’s real gross domestic product (GDP) increased by 9.9% during the first quarter (Q1) of 2022, compared to the same period the previous year, the General Authority for Statistics (GASTAT) reported. The GASTAT’s report also revealed that the seasonally adjusted real GDP in the Kingdom rose by 2.6% during...