Khalifa Fund launches ‘Funding on the Spot’ at Abu Dhabi entrepreneurship festival
Khalifa Fund for Enterprise Development is taking part in the first edition of the Abu Dhabi Global Entrepreneurship Festival, where it launched a new initiative…
Category: FINANCE
Stable House Prices Restore Balance to Saudi Real Estate Market
A calmness in Saudi Arabia’s residential property prices signals a notable shift toward a more balanced and sustainable phase after years of rapid gains, according…
After Hundreds of Millions in Investments, Saudi Grocery App nana Faces Survival Test
Saudi Arabia’s commercial court has opened a new phase in the trajectory of nana, a grocery delivery app, after approving financial reorganization proceedings for its…
What is Claude Mythos and what risks does it pose?
In recent weeks, the AI world has been a-buzz following claims made by leading firm, Anthropic, regarding its new model, Claude Mythos. The company says…
Saudi Central Bank Governor National Model Shielded Economy from Shocks
Saudi Arabia’s economy has emerged as a model of resilience and crisis readiness, Central Bank Governor Ayman Alsayari said, citing steady progress under the Kingdom’s…
Saudi Arabia Leads Gulf Growth at 3.1%
The International Monetary Fund cut its 2026 growth forecasts for Gulf economies, citing uneven exposure to energy markets and trade disruptions, as well as differing…
UAE Central Bank to develop e-KYC platform
The platform enables secure data sharing strictly based on explicit customer consent. The new process introduces a unified national approach that supports both financial institutions…
Sharjah real estate hits Dh18.5 billion in Q1 with 113 nationalities investing
Sharjah’s real estate market recorded transactions worth Dh18.5 billion in the first quarter of 2026, up 40.7% from a year earlier, with investors from 113…
Morocco’s economic reforms drives transition towards a green economy
The World Bank announced a $500 million loan to Morocco. This move aims to support the government’s efforts to boost employment opportunities and accelerate green growth.…