UAE's Masdar consortium closes deal for $10bln mega Egypt wind project
Abu Dhabi Future Energy Company PJSC – Masdar, along with Infinity Power, Africa’s largest renewable energy developer, and Hassan Allam…
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Sheikh Maktoum meets with CEO of company behind ChatGPT
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister…
Non-residents will be taxed on income from UAE property
The UAE Ministry of Finance (MoF)has announced the issuance of a cabinet decision on a non-resident person's Nexus in the…
Dubai Chamber of Commerce welcomes 15,366 new member companies in Q1 2023
Dubai Chamber of Commerce has announced details of the milestones it achieved during Q1 2023. The chamber revealed that…
Gulf Bank and Ahli Bank of Kuwait call off merger talks
Gulf Bank and Al Ahli Bank of Kuwait are no longer pursuing a merger, following the completion of feasibility studies…
Goldman Sachs latest bank to expand in Gulf as balance of power shifts
Global banking giant Goldman Sachs recently announced it will open an office in Abu Dhabi, subject to regulatory approval. …
Bank Nizwa appoints new Assistant General Manager for Transaction Banking for SMEs
As the pioneering Islamic bank that has continued to invest in enhancing human capabilities whilst simultaneously focusing on attracting and…
Bain & Company's report reveals surge of women in GCC businesses
A new report from Bain & Company, a global consultancy, has revealed that while the GCC has seen never-before change…
Dubai Chamber of Commerce attracts more than 15,000 new memberships
Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has announced details of several notable achievements…
Boursa Kuwait joins fight to beat plastic pollution on World Environment Day
Boursa Kuwait joined the fight to beat plastic pollution on World Environment Day 2023, reiterating its commitment to being a…
Oman Arab Bank opens strategically relocated and enhanced Duqm branch in future economic hub
The Oman Arab Bank (OAB) has successfully inaugurated its enhanced and relocated branch in Duqm, which is poised to become…
Dubai Islamic Bank launches DIB ‘alt’, consolidates digital offerings
Dubai Islamic Bank has launched DIB alt, a full-fledged digital umbrella brand, bringing together the bank’s digital offerings and capabilities…