Tag: August

Saudi inflation edges up to 2.3% in August, rents remain the key driver 

RIYADH: Saudi Arabia’s annual inflation rate ticked up to 2.3 percent in August from 2.1 percent in July, with housing rents continuing to do...

Startup Wrap — Saudi Arabia leads MENA startup funding in August

Kingdom led the region for the second consecutive month, attracting $166 million across 19 deals RIYADH: Startup funding across the Middle East and North Africa...

Saudi Arabia raises $1.42bn in August sukuk issuance

RIYADH: Saudi Arabia’s National Debt Management Center raised SR5.31 billion ($1.42 billion) through its riyal-denominated sukuk issuance for August, marking a 5.8 percent increase...

Saudi Arabia opens August ‘Sah’ savings sukuk window with 4.97% return

Subscription for issuance will remain available until Aug. 5 Minimum subscription amount set at SR1,000, with maximum cap of SR200,000 RIYADH: Saudi Arabia has announced the...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...