deal

Saudi Arabia’s Ades Holding Co. continues to expand its regional footprint as it seals two contracts worth SR511 million ($136.2 million), highlighting its growing influence in the oil and gas sector. Ades, which specializes in providing…
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Saudi aid agency KSrelief and the UK on Monday signed a $5 million cooperation agreement with UNICEF to help tackle malnutrition in Somalia. The deal was signed by KSrelief General Supervisor Dr. Abdullah Al-Rabeeah and British Minister…
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Ahmed Al-Eyada, the undersecretary at the Ministry of Environment, Water and Agriculture, witnessed the signing on Tuesday of a cooperation agreement between the National Agricultural Development Company, and Delphy, a global company…
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Saudi Arabia’s Public Investment Fund announced on Friday it had agreed a multi-year deal to sponsor the Mutua Madrid Open tennis tournament. The deal is the latest in PIF’s wider tennis partnership with the Association of Tennis…
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Saudi EXIM Bank and its Swiss counterpart have signed an agreement to boost the Kingdom’s non-oil exports, enhancing their global market competitiveness. In an X post following the deal, the Saudi lender stated that the reinsurance…
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A surprise bumper rate hike by Turkiye’s central bank on Thursday boosted the country’s international sovereign bonds, lifted the lira off its recent lows and bolstered banking stocks, accordig to Reuters. The central bank raised its key…
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The United Kingdom and Australia inked a new defense agreement in Canberra on Thursday, paving the way for the two longtime allies to host troops and share military intelligence. The deal includes a “status of forces agreement,”…
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The EU and Egypt on Sunday signed a €7.4 billion ($8 billion) financial package to support the indebted North African country, boost energy sales to Europe and stem irregular migrant flows. European Commission President Ursula von der…
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The UK and Turkiye will formally launch negotiations on a new Free Trade Agreement on Thursday with a view to including services as well as goods in a new deal. Britain already has an FTA with Turkiye, which was rolled over when Britain…
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Private sectors of Saudi Arabia and Bahrain are poised to flourish after the two countries’ sovereign wealth funds sealed a cooperation and investment agreement. In a joint statement, the Saudi Public Investment Fund and Bahrain…
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