Saudi Electricity plans dual-tranche USD Sukuk issuance
SEC is the leading electricity producer in Saudi Arabia and holds a monopoly on transmission and distribution across the Kingdom...
Category : Featured
OPEC sticks to 2025 & 2026 global oil demand growth forecasts
With Brent crude trading lower at USD 76 per barrel following the release of the OPEC report, oil prices remained stable...
Business Leader of the Week: Gunjan Kedia takes helm at US Bancorp
Gunjan Kedia has more than thirty years of extensive experience in the financial industry...
HSBC’s new gameplan: Investment banking retrenchment, more focus on Asia
LSEG data indicates that HSBC earned USD 107.3 million, or 7% of the total fee pool, in 2024, the highest amount of investment banking fees in the MENA region...
Ethio Telecom: Connecting the unconnected
One of Ethio Telecom’s recent and most significant initiatives is the deployment of 100 new rural mobile solutions across 305 kebeles...
Start-up of the Week: Oklo’s fission powerhouses poised for spotlight following major AI deal
Oklo made history with the first advanced reactor site use permit, gaining access to recycled fuel, and submitting the first-ever advanced reactor combined license application...
Nahdi: A leader in pharmacy retail & integrated primary healthcare
Nahdi is dedicated to employee development, delivering over 500,000 training hours annually...
Deutsche Bank may exit some businesses, CEO says after profit miss
Deutsche Bank has changed its target for this year's cost-to-income ratio from less than 62% to less than 65% to make investments...
Chipmaker GlobalFoundries appoints Tim Breen as CEO
Tim Breen has led GlobalFoundries’ global operations, including manufacturing, quality, supply chain, and IT, as COO since 2023...
UAE’s non-oil sector sees strong growth amid capacity constraints
The seasonally adjusted S&P Global UAE PMI was 55.0 in January 2025, just slightly down from the nine-month high of 55.4 in December 2024...