574 cybercrime cases in Sharjah during 2022
As many as 574 cybercrime cases were recorded in Sharjah last year, according to statistics released by police during annual…
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JCB and The Saudi National Bank Sign an Agreement
As part of its continuous efforts to develop electronic payment services, the Saudi National Bank and JCB agreed the acceptance…
Mashreq bolsters sustainability goals by joining World GBC
UAE’s Mashreq Bank has joined the World Green Building Council’s (WorldGBC) advancing net zero readiness framework as a collaborator in…
In Dubai, 'branded residences' are trending with buyers and developers
Go branded. As Dubai developers ramp up offplan launches to meet still swirling demand from overseas buyers, they are…
Dubai's Sukoon Insurance gets UAE Central Bank go-ahead to buy Arabian Scandinavian Insurance Co.
The UAE insurance sector is seeing another round of consolidation, with Dubai-headquartered Sukoon Insurance (formerly Oman Insurance Co.) getting the…
Google survey: About half of company executives say economic headwinds slowing green push
About half of global corporate executives say worsening economic headwinds are hampering progress on their sustainability initiatives, a Google Cloud…
Four new special economic zones to be established in Saudi Arabia
Four special economic zones are to be established in Saudi Arabia, Crown Prince Mohammed bin Salman announced on Thursday. …
Qatar: Dukhan Bank AGM approves 16% cash dividend for 2022
The shareholders of the newly-listed Dukhan Bank have approved 16% cash dividend for 2022. At the annual general assembly…
MENA economies to expand at a slower pace in 2023 – IMF
Growth in the Middle East and North Africa (MENA) economies is projected to slow to 3.1% this year, from 5.3%…
UAE property developer DAMAC plans 3-year US dollar Islamic bond – document
Property developer DAMAC Real Estate Ltd (DAMAC) has mandated banks to arrange investor meetings ahead of a potential three-year U.S.…
Oman's Al Ahli Bank rejects merger proposal from Bank Dhofar
Oman’s Al Ahli Bank said it has rejected the non-binding offer it received from Bank Dhofar S.A.O.G, Oman's second-largest lender…
UAE's Masdar acquires 50% stake in US project from EDF Renewables
State-owned Masdar, the UAE's biggest renewables company, has completed the acquisition of a 50% stake in a combined solar and…