UAE shakes up residency rules by offering passports to wealthy expats
Airline bosses, tech entrepreneurs and a former Real Madrid footballer are among those to be granted United Arab Emirates nationality,…
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Innovation in Retail Banking to Prepare for a Post-COVID World
COVID-19 has undoubtedly been the biggest game-changer across industries, including banking. It has impacted consumer needs and behavior, setting…
UAE banks' weakening credit quality may drive loan restructuring
Eleven UAE national banks have reported around Dh7.74 billion in first quarter net profit, a growth of 9.6 per cent…
MSX index sees growth in first quarter of 2021
Muscat Stock Exchange posted a positive performance by the end of the first quarter of 2021 (Q1-2021). MSX main…
Arab Bank Group reports first quarter 2021 net profit of $128.3 million
Arab Bank Group has consolidated the financial statements of Oman Arab Bank under Group accounts in the first quarter of…
HSBC launches Green Deposits for corporate and institutional clients in the UAE
HSBC has launched Green Deposits in the UAE, which will give corporate and institutional clients a mechanism to make USD…
Arab world’s first electromagnetic compatibility labs launched in UAE
Technology Innovation Institute, the applied research pillar of the Advanced Technology Research Council, announced that its Directed Energy Research Center …
Du secures $1bln financing deal with a group of banks
Emirates Integrated Telecommunications Company PJSC (Du) has confirmed long-term financing of more than $1 billion to use for general corporate…
Sustainable energy: Abu Dhabi's new strategy aims to reduce power, water emissions by half
UAE’s capital city Abu Dhabi is expected to halve carbon dioxide emissions from water and electricity production by 2025, following…
Investments in MENA power sector to surge to $250bln over 5 years
Investments into the power sector is set to surge in MENA, driven by a shift to renewables over the next…
UAE national banks post Dhs7.7 billion net profit in first quarter of 2021
According to data issued by the these banks, six ADX-listed banks booked around Dhs4 billion in profits during the first…
UK real estate – how Jersey supports Middle Eastern investment
Simon Burgess, Head of Alternative Investments, and Lynda O’Mahoney, Business Development Director, have examine the major role Jersey will play…