Mashreq may move jobs to India, Egypt or Pakistan to save costs
Mashreq Bank plans to move nearly half of its employees to more cost-friendly locations and allow others to work from…
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Middle East investments in UK real estate sector to rise by 14% in 2021
Middle East investors are expected to return to the commercial property market in the United Kingdom, as the overall economic…
Dubai Financial Market attracts 400 new investors in 2020
The Dubai Financial Market has welcomed 400 new investors via approved brokerage companies in 2020, a rise of 4.6% on…
DMCC's Dubai Diamond Exchange to host six diamond tenders in January 2021
Dubai is the global diamond hub of choice for industry tenders December 2020 saw record breaking tender with largest ever…
Dubai raises total value of economic incentives to AED7.1 billion
Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed…
Clifford Chance advises Aldar Properties
The leading UAE listed property developer purchased a 100% stake in Saadiyat District Cooling LLC and an 85% stake in…
Negative outlook for GCC sovereigns as recovery could take up to 3 years – Moody's
It will take two to three years for real, inflation-adjusted GDP in GCC sovereigns to return to pre-pandemic levels, Moody’s…
AxiomSL partners with Carlyle Square Consultancy in Saudi Arabia
Saudi Arabia based professional services firm Carlyle Square Consultancy has entered into a partnership with AxiomSL, a global provider of…
BCG and MIT call for more focus on holistic AI strategies in MENA
The Middle East is facing an artificial intelligence (AI) gap. While the intention to invest in artificial intelligence is strong,…
Hogan Lovells welcomes the New Year and 25 new partner and 60 new counsel promotions
Hogan Lovells has announced that 25 of its people have been promoted to partner effective 1 January across a network…
Bank Nizwa CEO joins international experts and industry leaders at the virtual 15th (AAOIFI) – Islamic Development Bank Conference
Representing Oman’s leading and most trusted Islamic bank, Mr. Khaled Al Kayed, CEO, Bank Nizwa, joined international experts and fellow…
Qatar's biggest bank expects Gulf detente to boost companies, lenders
Qatari companies including banks are forecast to get a boost from a deal to end a more than three-year row…