Egypt's central bank likely to hike interest rates by 3% – HSBC
The Central Bank of Egypt will likely raise interest rates by 3% at the Monetary Policy Committee (MPC) meeting on…
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Dubai Free Zones Council sets green economy as a key priority on its agenda
The Dubai Free Zones Council meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Council, explored…
Environment Authority continues to monitor biodiversity of Oman
The Environment Authority (EA), represented by the National Biodiversity Survey project’s team, continues its efforts to improve the ranking of…
StanChart to Sell Jordanian Business
Standard Chartered has entered an agreement to sell its business in Jordan as part of broader plans to exit seven…
Saudi Arabia is on track to achieve UN Sustainable Development Goals by 2030
The Deputy Minister for Water at the Ministry of Environment, Water and Agriculture, Dr. Abdulaziz Al-Shaibani headed the Kingdom’s delegation…
Dubai's DEPA posts higher revenue for 2022 on post-COVID recovery
Interior design and specialty contractor Depa PLC, in which the Saudi sovereign wealth fund recently bought a controlling stake, posted…
UAE exchange firm Al Ansari upsizes IPO on strong investor demand
UAE-based exchange house Al Ansari Financial Services, which is looking to raise up to AED 772.5 million ($210.4 million) in…
UAE central bank signs deal for CBDC strategy
The Central Bank of the United Arab Emirates (CBUAE) is inching closer to fully launching its central bank digital currency…
Saudi banks: $111.2mln investment by banks within its social responsibility in 2022
Saudi Banks Media and Awareness Committee announced that the total investments and contributions of Saudi banks during 2022 were worth…
Hub71 Startups Raise AED 4.5billion in VC as UAE Progresses to Become an Entrepreneurial Nation
Hub71, Abu Dhabi’s global tech ecosystem, increased its community by 102 per cent to more than 200 startups in 2022.…
B2B spend fintech Qashio launches in Saudi with Alinma Bank
Dubai-based fintech Qashio is partnering with Saudi's rapidly growing Alinma Bank to offer spend management services to customers in Saudi…
Saudi Aramco signs deal with Samsung to localise industrial 5G communication networks
Aramco has signed a non-binding Memorandum of Understanding (MoU) with Samsung Electronics Co., Ltd., which sets forth preliminary plans for…