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Merger and Acquisition

National Bank of Bahrain and Bank of Bahrain and Kuwait Sign MoU for Potential Merger

Mariam Banu -
National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) have signed a non-binding memorandum of understanding (MoU) to advance talks on...
General News

Oman Signs 36 Tourism Development Contracts Worth 100 Million Rials

Robin Michael -
Oman’s Ministry of Heritage and Tourism announced it has signed 36 usufruct contracts totalling 100 million Omani rials ($260 million) during the first nine...
General News

UAE Rolls Out Chip-Enabled E-Passport for Indian Expats 

Robin Michael -
Indian expatriates in the UAE will receive new chip-enabled electronic passports. This initiative is part of India's Global Passport Seva Programme (GPSP 2.0), which...
General News

UAE Announces November 2025 Petrol Prices Amid Global Market Volatility

Robin Michael -
The UAE government has released November 2025 petrol prices reflecting ongoing fluctuations in global crude oil markets. Prices have been adjusted in response to...
General News

British Banking Giants Relocate Headquarters to Riyadh 

Robin Michael -
Several leading British financial institutions are relocating or expanding their regional headquarters to Riyadh as part of a strategic push to deepen cross-regional collaboration...
Merger and Acquisition

Gulf Cement Company and Buzzi Unicem Form Cement Industry Powerhouse

Robin Michael -
Gulf Cement Company and Italy’s Buzzi Unicem have merged to create a regional powerhouse in the Gulf’s cement industry. This partnership combines Gulf Cement’s...
General News

Japan Credit Bureau (JCB) is exploring a partnership with Saudi Telecom Company (STC)

Robin Michael -
Japan Credit Bureau (JCB) is in talks with Saudi Telecom Company (STC) Bank to form a partnership aimed at expanding card payment acceptance across...
General News

Qatar to Focus on AI in Major US Investments: Finance Minister Signals Tech-Driven Future

Robin Michael -
Qatar's Finance Minister Ali Ahmed Al-Kuwari has announced that artificial intelligence (AI) will play a central role in Qatar's planned investments in the United...
General News

Saudi Electricity Company Signs $3.4B Deals for Riyadh CCGT Power Plants

Robin Michael -
Saudi Electricity Company (SEC) announced the signing of power purchase agreements valued at SAR 12.8 billion (approximately $3.4 billion) for two major Combined Cycle...
General News

China Offshore Oil Engineering Company Secures $4 Billion Contract for Qatar Energy’s Project

Robin Michael -
China Offshore Oil Engineering Company (COOEC), a subsidiary of China National Offshore Oil Corporation (CNOOC), has recently signed a landmark engineering, procurement, and construction...
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