Kuwait suspends work permits for expats in cooperative societies
The Ministry of Social Affairs and Labor decided to suspend the issuance of work permits in the cooperative societies of…
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Abu Dhabi’s TAQA to raise $500mln in 30-year bonds
Abu Dhabi National Energy Company started marketing on Thursday $500 million 30-year bonds, a document by one of the banks…
UAE-based Mashreq launches digital bank NeoBiz to serve SMEs
Dubai-headquartered Mashreq has launched its digital bank ‘NeoBiz’ in the UAE, to cater to small and medium-sized enterprises and startups,…
Sharjah Ruler approved 161 employment cases on humanitarian grounds
His Highness Dr. Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved 161 employment cases…
Aramco demands one-billion-dollar loan days after Houthis’ attack
Saudi Aramco plans to borrow more than $ 1 billion to finance a project, sources revealed to Reuters on Wednesday.…
The Woman Trying to Shake Up Israel’s Financial System
Israel is known for tech innovation, but its banks have a lot of catching up to do. So Hedva Ber,…
10 reasons why UAE is the region's fastest growing e-commerce market
2019 is hailed as the year for online shopping in the UAE. As the e-commerce market gains momentum regionally and…
Emirates Islamic becomes UAE's first Islamic bank to offer dynamic currency conversion for visa card
The initiative follows a successful pilot by Emirates NBD Group in partnership with Network International, the leading enabler of digital…
Portuguese developer targets GCC with investor-friendly, tax-efficient luxury real estate proposition
Monte Rei, is targeting investors from the GCC region. A seven date Middle East roadshow has been organised, to…
Online platform to facilitate investment in Saudi municipal projects
Investment in municipal projects in Saudi Arabia is being facilitated by an online platform known as Opportunities (Al Furas in…
Fitch warns of Dubai debt held by banks
A “significant portion” of $23 billion in loans made to Dubai government-related companies maturing at the end of 2021 may…
Dubai Chamber of Commerce calls for greater data access in the UAE
A report from the Dubai Chamber of Commerce in collaboration with consultancy Roland Berger has called for greater data access…