The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Bahrain (CBB) announced the establishment of a Currency Swap Agreement between the UAE Dirham (AED) and the Bahraini Dinar (BHD) during a virtual signing ceremony. The agreement has a nominal value of AED 20 billion (BHD 2 ...
Jeddah, Saudi Arabia – 8th April 2026: Cruise Saudi, the Public Investment Fund-owned cruise development entity of Saudi Arabia, has achieved Travelife Partner Status, a globally recognized sustainability certification for tourism organizations.The certification follows an independent assessment...
Abu Dhabi welcomed a record 26.6 million visitors in 2025, reinforcing its position as an emerging global cultural capital and a tourism destination of choice, according to the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The milestone reflects the emirate's growing...
Ras Al Khaimah Economic Zone (RAKEZ) continues to deepen its global engagement as it welcomed over 100 delegates from across international markets in the first quarter of the year, reflecting growing interest in Ras Al Khaimah as a destination for business expansion and collaboration. As...
The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of the Abu Dhabi’s real estate sector, has reported that total transaction value reached AED66 billion representing a 160.7 percent increase across 13,518 deals in the first quarter of 2026 in the emirate, compared to AED25.31...
The Ministry of Finance (MoF) has signed a memorandum of understanding (MoU) with the University of Sharjah to strengthen strategic and institutional cooperation in the fields of open data and financial data analytics. The agreement aims to support the development of financial policies,...
MBME Group, a UAE-based leader in technology solutions and digital transformation, has announced a strategic collaboration with Comera Financial Holdings, part of Abu Dhabi’s Royal Group. The collaboration will explore opportunities across digital payments, financial services, and merchant...
His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy and Chairman of KAPSARC’s Board of Trustees, alongside His Highness Prince Bader bin Abdullah bin Farhan Al Saud, Minister of Culture, officially inaugurated the Black Gold Museum at KAPSARC, marking a...
Sumou Real Estate Co. and Kingdom Holding Co. (KHC) signed an agreement to manage infrastructure development, as well as marketing and sale of 3.07 million square meters of residential and commercial land in Riyadh, the companies said in separate statements to Tadawul. The...
Al Rajhi Capital, the fund manager of Al Rajhi REIT, announced the signing of Shariah-compliant credit facility agreements with Al Rajhi Bank and Saudi Awwal Bank (SAB), with total facility limits of SAR 1.75 billion and SAR 750 million, respectively, according to a bourse filing. Part of the...