09/09/2020
UAE rolls out new system to monitor and curb financial crimes
'Fawri Tick' will allow the country to respond effectively to financial crimes and eliminate them in a timely manner
Alternative Investments
09/09/2020
UAE fund invests in Israeli fintech firm that offers loans to SMEs, freelancers
Funding round marks first time UAE firm invests in Israeli technology
09/09/2020
Israel's Bank Hapoalim to Forge Ties With UAE Banks After Normalization Accord Signed
As business delegations begin, Bank Hapoalim CEO says there is 'immediate bilateral desire' for strong economic ties
09/09/2020
Etihad offers free COVID-19 insurance for its passengers
The medical cover will also shoulder up to $118 of quarantine costs per day for two weeks
09/09/2020
Dubai International Financial Centre to attract more firms through Expanded Prescribed Company Regime
The expansion aligns with international best practices and local market requirements
09/08/2020
Investcorp invests in top Chinese AI firm
Investcorp said that its strategic investment in Terminus Technologies will not only contribute to the company’s growth, but it also reflects its confidence in the overall AI CITY layout and business model promoted by Terminus Technologies.
09/08/2020
STS provides Jordan Kuwait Bank with Dell EMC integrated infrastructure solutions
In this project, STS deployed infrastructure integration solutions offered by Dell Technologies
09/08/2020
Funding boost for Turkish businesses as EBRD lends to Isbank
The EBRD has responded rapidly to the needs of local companies and the Bank’s investments in Turkey so far this year have exceeded €1 billion.
09/08/2020
WAIPA and World Bank Join Forces for Stronger Investment Promotion Agencies
The crucial role of investment promotion agencies (IPAs), ongoing collaboration and further synergies discussed at a virtual meeting between the two organisations
09/07/2020
SICO to embed IdealRatings ESG data, marking a new era for MENA investors
SICO will now include the IdealRatings ESG data in its listed companies' reports featuring insights into companies' ESG progress and providing investors with a full picture of their performance
09/07/2020
Qatari market remains resilient despite challenges, says investment expert
But generally speaking, Qatar has been very resilient in the face of all these difficulties and challenges.
09/07/2020
Gulf asset managers to face pressure amid twin shock - Moody's
Current weak oil prices will hold back economic growth
09/06/2020
Cash is no longer king at Middle East checkouts, says Network International CEO Simon Haslam
“COVID-19 is accelerating the shift from cash to digital. What’s so exciting about my business is that the Middle East and Africa is one of the last regions where this shift is happening, and that presents big opportunities for us even with th
09/06/2020
KT Special: Dubai residents prefer larger homes as rents fall
"The reason is that the brand name is there. People are preferring to buy community living compared to going to a development that is just a standalone by itself."
09/05/2020
Qatar Financial Centre set to achieve targets despite challenges posed by COVID-19
QFC had set a target of registering 1,000 firms in its 2017-22 strategy.
09/04/2020
Mideast, European funds grab Dubai bonds
Fund managers took a majority of the sukuk, buying 52%
09/04/2020
Dubai says to continue infrastructure spending after $2bn bond issuance
Investors rush to invest in Dubai as order book for gov't bond and sukuk is five times oversubscribed
09/04/2020
GCC needs deflation, and it'll persist
GCC deflation is driven by an easing in the real estate sector
09/03/2020
GCC market eyeing mergers and reduction in unit prices, says Saudi real estate company
Solutions to minimise business risks in Covid-19 environment include up to 25% reduction in prices
09/03/2020
Dubai launches retirement programme for over-55s
Retirement visa available to resident expats and foreigners who meet one of three financial requirements