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Sunday, October 12, 2025

Economy

Saudi Aramco Ranks Fourth in 2024 Fortune Global 500

Saudi Aramco netted USD 121 billion in profits and was the most profitable Fortune Global 500 company for the third year in a row. 

Complex Banking ID Checks is Bad for UX and New Business

According to the latest report from FICO, one in three Indonesians abandon opening a personal bank account due to complex identity checks.

Non-Oil Activities Account for Fifty Percent of Saudi Arabia GDP

The Kingdom celebrates the success of its economic diversification strategy as 113,000 new jobs in non-oil sectors employed local Saudis over the past financial...

Dubai’s Public Transport is a Blueprint for Future Sustainable Cities

Sheikh Maktoum announces an FDI Development Programme to attract AED650 billion of investments to Dubai to fulfill its D33 economic sustainable cities' objectives over...

Indonesian President Talks Bi-lateral Trade with State Visit to UAE

President of the Republic of Indonesia H.E. Joko Widodo begins his two day state visit to the UAE this week, with the expectation to further strengthen bilateral trade across the financial and energy sectors.

Indonesia Aims to Become a Global Halal Hub

The Ministry of State-Owned Enterprises and Bank Syariah Indonesia (BSI) says that they are committed to helping Indonesia become a global halal financial hub.

BRICS Members Agree to Grain Exchange Deal

According to Russian Minister of Agriculture Oksana Lut, the BRICS group of countries have supported an initiative to set up a grain exchange.

Thailand Seeks Partnership with Muslims to Improve Quality of Life

According to Deputy Prime Minister Anutin Charnvirakul, Thailand is committed to cooperating with Muslim countries on food security, energy, and climate change issues to enhance the country’s quality of life for its people.

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The K-Drama That Triggered South Koreans

In gun-free South Korea, a bold K-drama, Trigger, has stirred robust debate about weapons and norms within Korean civil society.
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KSA’s 6 Billion Investment in Syria as Regional Diplomacy Realigns

With USD 6.4 billion in fresh deals, the Kingdom is staking its claim on Syria’s future and sending a clear message: Arab-led recovery is back in focus.

KUN’s 50 Million Aims to Accelerate Stablecoin Adoption Amid Hong Kong’s Regulatory Surge

KUN’s recent Series A $50 million funding round signals a pivotal moment for stablecoins, ushering in a new era of regulated, efficient, and cross-border digital payments across Asia.

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Egypt’s Ras El Hekma Megaproject Hits Major Milestone

The President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and President of the Arab Republic of Egypt His Excellency Abdel Fattah El-Sisi, ADQ, an Abu Dhabi-based investment and holding company, appointed Modon Holding PSC as the master developer for the Ras El Hekma megaproject at this month’s signing ceremony in Egypt.

The Evolution and Beatific Execution of Ras Al Khaimah Art

Featuring works from 107 local and international artists and welcoming 45,000 visitors from around the world, Ras Al Khaimah Art 2024 exhibition at Al Jazeera Al Hamra Heritage Village wowed the crowds.
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Egypt and Nigeria Deepen Ties Across Key Sectors

Egypt's Minister of Foreign Affairs and Migration Badr Abdelatty, welcomed Nigeria's Minister of Foreign Affairs Yusuf Tuggar in Cairo recently, the third round of political consultations between Egypt and Nigeria.

Extinct Species Re-introduced to Restore Reserve to Last Century

The Saudi Government has launched a plan to develop the Prince Mohammed bin Salman Royal Reserve into a go-to destination for conservation and heritage tourism.

Award Winning Agency Instinctif Appoints Ikram Al-Yacoub as KSA Head

Instinctif appoints new Managing Partner Ikram Al-Yacoub to steer its strategic and financial communications for clients across vital sectors and major projects.