CBRE and Excellerate Announce Plans for Africa and Middle East Joint Venture
CBRE Group, Inc. has announced that it has agreed to form a joint venture with Excellerate Property Services (Excellerate) to…
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UAE private sector growth remains strong on higher demand
The UAE’s non-oil private sector continued to report strong output growth in November, with the Purchasing Managers’ Index (PMI) rising…
CBK prepares draft law regulating bankruptcy & restructuring banks
The Central Bank of Kuwait has prepared a draft law regulating the bankruptcy and restructuring of local banks, independent of…
Dubai’s developers looking elsewhere for funds
Off-plan sales and launches not going well? Don’t worry, developers in Dubai are actively working on their Plan B. …
REITs on the rise throughout the Middle East
Real Estate Investment Trusts are gaining momentum across the Middle East, but the region still lags some way behind other…
Token and Almoayed Technologies Partner to Deliver Open Banking Across MENA Region
Token.io has announced a partnership with Almoayed Technologies, the MENA region’s leading technology infrastructure development company, to accelerate open banking…
Over Half Of Fine Art Collectors Have Purchased A Piece Online Sight Unseen – UBS
UBS Global Wealth Management has released a new report that unveils the majority of art collectors are going online and…
GHD appoints new finance director in Middle East
Engineering, environmental and advisory services firm GHD announced the appointment of James O’Connor as finance director for the Middle East,…
Dubai-based mobile payments provider Beam goes global after major retail acquisition
Dubai-based mobile payments platform Beam will expand into seven new markets next year, seeking international growth in the increasingly competitive…
Central Bank of Kuwait outlines fintech initiatives
The Central Bank of Kuwait has announced that it is embarking on a ‘long list’ of initiatives aiming to revamp…
Saudi Arabia’s ICD Bank Announces Blockchain Powered Islamic Banking Solutions
The Saudi media reported that the Islamic Corporation for the Development of the Private Sector is planning to develop sharia-compliant…
Dubai’s ruler snubs Kuwait request to release frozen funds
Dubai’s ruler has resisted efforts by Kuwait to release nearly $500 million in frozen funds at the heart of a…