Business & Finance

CBB grants first BNPL license to Tamara Bahrain

Manama, The Central Bank of Bahrain (CBB) has granted Tamara Bahrain the first Buy Now Pay Later (BNPL) license to operate in the Kingdom.

Tamara is a payment platform headquartered in Saudi Arabia with operations in the United Arab Emirates and Kuw…

Hyundai Motor, Saudi foundation sign MoU for smart city project

Seoul, Hyundai Motor Group said Tuesday it has signed an initial pact with a Saudi Arabian foundation for cooperation in a smart city project.

The South Korean automotive group and Misk Foundation signed a memorandum of understanding (MoU) for a par…

Health sector is investment between Egypt, France

Deputy Prime Minister for Human Development and Minister of Health and Population, Dr. Khaled Abdel Ghaffar, said that the health sector is a promising area for investment between Egypt and France, on the sidelines of his participation in the Egyptian…

Big investment between Egypt, France in maritime transport

Eng. Hassan El Khatib, Egyptian Minister of Investment and Foreign Trade, inaugurated the activities of the Egyptian-French Business Forum, as part of his current visit to France, in the presence of a large number of officials and representatives of t…

PM reviews implementation of UDF projects in Egypt

Prime Minister Moustafa Madbouli met Monday night with chairman of the Urban Development Fund Khaled Sediq to follow up on the implementation of UDF projects across Egypt.

Sediq posted Madbouli on progress achieved in the Darah Provincial Capitals De…

Bahrain All Share Index marks 2,008.59 points

Manama, Bahrain All Share Index has closed at 2,008.59 points, marking a decrease of 4.18 points below the previous closing.

This decrease was due to the drop in the communication service sector, financial sector and material sector.

Bahrain Islami…

CBB Sukuk Al Ijara oversubscribed

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 391%.

Subscriptions worth BD 102 million were received for the BD 26 million issue, which …

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Building Licenses Rise 3.2% in First Half of 2026

Amman: The number of building licenses issued in the Kingdom rose by 3.2 percent in the first half of 2026, reaching 12,070 compared with 11,700 in the same period of 2025, the Department of Statistics (DoS) said Monday.

According to Jordan News Agen…