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Press Dossier   By Date  19/10/2025
Riyadh leads Kingdom’s industrial rental growth in first quarter
Saudi Arabia: Sovereign ratings in the Middle East and North Africa remain resilient despite regional conflicts mainly supported by ongoing reforms and strong fiscal buffers, Fitch Ratings said.
SMEs secure fresh capital and strategic partnerships
Saudi Arabia: Startups across the Middle East and North Africa are accelerating growth through new funding rounds, regulatory milestones, and technology deployments, with companies in fintech, legal tech, and health tech attracting strong investor interest.
Saudi Kafalah program boosts SME financing 8% to $3.73bn in Q3
Saudi Arabia: Saudi Arabia’s Small and Medium Enterprises Financing Guarantee Program, known as Kafalah, extended 5,447 assurances, boosting small-business funding by 8 percent year on year in the third quarter to SR14 billion ($3.73 billion).
UAE-based IHC acquires majority stake in Pakistan's First Women Bank Limited
United Arab Emirates: IHC, a global investment company focused on building dynamic value networks, has announced the acquisition of a majority stake in the state-owned First Women Bank Limited (FWBL), based in Karachi, Pakistan, following a successful privatization process conducted under Pakistan’s Inter-Governmental Commercial Transactions Act of 2022.
Pre-Owned Boat Show set to attract over 50 brands
United Arab Emirates: The 11th edition of The Pre-Owned Boat Show in Dubai is all set to take place at Dubai Creek Marina from October 31st to November 2nd, 2025, under the theme “A Boat for Everyone.”
KFH: World’s Best Islamic Bank for 2025
KUWAIT: Kuwait Finance House (KFH) Group has been recognized with nine prestigious awards in the 18th Global Finance annual awards for the Best Islamic Financial Institutions in 2025. The awards acknowledge the Group’s leadership in the Islamic finance industry, its success in implementing a sustainable growth strategy, and the strengthening of its global position.
A deal toward global leadership
Kuwaiti Times, Sun, Oct 19, 2025 | Rabi al-Thani 27, 1447 A deal toward global leadership KUWAIT: In a move that marks a transformation in the region’s luxury perfume industry, a strategic agreement was announced between CZAR and the Italian house AFM, aiming to enter European markets as the first phase of a comprehensive global expansion plan designed to establish a strong presence in the world’s most prominent perfume capitals.
Egypt inks BP-Valaris drilling deal to boost Mediterranean gas output
Saudi Arabia: Egypt has signed a new offshore drilling contract with BP and US-based Valaris for five gas wells in the Mediterranean Sea, as it accelerates efforts to boost output and attract foreign investment.
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