Rates against US Dollar as issued on Thursday by Qatar National Bank (QNB) are as following: Currency Buying Selling ——————————————— QAR 3.64000 3.64150 SAR 3.75080 3.75100 AED 3.67240 3.67340 BHD 0.37698 0.37705 KWD 0.308…
The Saudi EXIM Bank signed an export credit insurance policy with Evonik Industries Marketing Company (ETM) to protect the risk of non-payment associated with international buyers, thereby catalyzing the growth of Saudi non-oil exports and enhancing i…
Kuwait Foreign Petroleum Exploration Company (KUFPEC) said Tuesday, that its subsidiary, KUFPEC-Egypt, has made a new oil discovery in the Geisum and Tawila West Concession in the Gulf of Suez, Egypt.KUFPEC CEO Mohammad Salem Al-Haimer, in a statement…
Saudi Arabia’s Basic Industries Corporation (SABIC) has received a certificate from the General Authority for Competition (GAC) attesting to its compliance program.Granting such certification is a GAC initiative that aims to ensure that establishments…
The Central Bank of Kuwait (CBK) announced Monday new bonds and related tawarruq valued at KD 240 million (around USD 792 million).The securities bear a 4.375-percent return rate with a three-month maturity rate, according to a CBK statement received b…
The Jordan Tourism Board (JTB) and the Irish low-cost airline, Ryanair, have renewed a cooperation agreement that will last until 2028, adding 4 new routes, which brings the total number to 25 that link the Kingdom with 12 European cities. Chairman of…