Global credit rating agency Fitch has affirmed ratings on Nakilat Inc’
The ratings reflect two-notch uplift from the senior and junior bonds’ Standalone Credit Profiles (SCP) at ‘a’ and ‘a-’, respectively, capturing the strong incentives by…
Category: MENA
International Startups laud Qatar’s hosting of Web Summit
Web Summit Qatar 2025 successfully concluded last month, attracting over 25,000 attendees from more than 120 countries. Building on last year’s success, the event’s second…
HH Shaikh Isa bin Salman bin Hamad Al Khalifa meets with the Bahraini trainers and jockeys
HH Shaikh Isa bin Salman bin Hamad Al Khalifa meets with the Bahraini trainers and jockeys who secured victories at the King’s Cup Horse Racing…
UAE Cabinet approves national investment strategy for the next 6 years
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday said via the…
Maxus unveils four all-new models at Al Naboodah Mobility Fest 2025
Maxus, a globally recognized automotive brand manufactured by the leading Chinese automaker SAIC Motor and distributed under Al Naboodah Commercial Group in the UAE, made…
Kuwait Amir visits National Guard headquarters
His Highness the Amir, the Supreme Commander of the Armed Forces, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, visited the Kuwait National Guard (KNG) headquarters, Monday. Accompanied…
IMF approves disbursement of 4th tranche from loan to Egypt
Egyptian Finance Minister Ahmed Kouchouk announced on Monday that the International Monetary Fund (IMF) has approved the disbursement of the fourth tranche to Egypt, estimated at US$…
UAE cryptocurrency firm Phoenix’s CEO buys over 20m shares from open market
Munaf Ali of Phoenix Group has bought more than 20 million shares in the company in recent weeks.Supplied Dubai: Munaf Ali, the CEO of ADX-listed…
Vladimir Razuvaev on Yango Tech’s Bold AI-Powered Vision for MENA
The Yango Tech Chief Executive discusses the unification of B2B offerings and how AI is transforming industries across the region Middle East sat down with…
Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
Tesla’s (TSLA) stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced. The…