Qatar, Oman ink six agreements in several areas including taxation, military & investment

Qatar and Oman signed Monday six deals panning several areas, including military cooperation, taxation, tourism, ports, labor and investment as the sultanate seeks foreign investment to boost its battered economy. The agreements came in the framework of a two-day visit Read more

Saudi Central Bank grants Fintech license to Al-Hulul al-Shamilah Finance

The Saudi Central Bank (SAMA) has granted Fintech license to Al-Hulul al-Shamilah Finance that facilitates bill payment in the kingdom, Zawya reports. The company using the country’s SADAD system has become the 14thfintech venture in the country. The central bank, Read more

UK Fully Outlaws Hamas; Palestinian FM Denounces Decision

The United Kingdom Home Secretary Priti Patel on Friday announced that the Palestinian militant group Hamas is outlawed in the country in its entirety. “Today I have taken action to proscribe Hamas in its entirety,” Patel tweeted. “This government is Read more

Standard Chartered Saadiq launches Halal360 initiative to fund SMES in Asia, Middle East and Africa

The British bank’s global Islamic banking brand, Standard Chartered Saadiq, has launched an Islamic financial programme to fund Halal businesses of small and medium-sized enterprises (SMEs) across Asia, the Middle East and Africa, Zawya reports. The fund, $100 million in Read more

Saudi Arabia to host in February world’s largest tech event

The kingdom of Saudi Arabia will host in February 2022, the largest technology event ever, LEAP, with global experts expected in the attendance. Set to take in Riyadh Feb.1-3, LEAP according to organizers, is set to become a global platform Read more

Qatar, Brazil sign military cooperation agreement

Qatar and Brazil signed Wednesday a military cooperation agreement on the sideline of the visit Brazilian president Jair Bolsonaro is paying to the Gulf country. The Qatari Defense Minister, Khalid Al-Attiyah and his Brazilian counterpart, Walter Souza Braga Netto initialed Read more

Saudi Arabia turns to China to develop hydrogen projects

Saudi Arabia will initiate discussions with China for the development of the hydrogen as the Gulf country envisagesto reach net zero by 2060. The cabinet, Arab New notes citing state-run news agency SPA, has delegated the Kingdom’s Energy minister to Read more