QFCA partners with R3 to boost Qatar’s fintech sector
The Qatar Financial Centre Authority, the legal and tax arm of the Qatar Financial Centre, has signed a memorandum of…
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Mubadala commits to invest $2.5bn in clean fuel in Brazil
Abu Dhabi’s Mubadala Capital plans to invest $2.4bn (BRL12bn) over 10 years to build a green diesel and sustainable aviation…
Dubai Court orders KPMG to pay investors $231m over Abraaj fund audit
A Dubai court has ordered KPMG Lower Gulf to pay more than $231 million to a group of investors who…
Saudi Arabia transfers more Aramco oil shares to wealth fund
Saudi Arabia has put a second four-percent chunk of shares of the Aramco energy giant, worth tens of billions of…
Standard Chartered: Qatar economic growth forecasted to be highest in Gulf
Temporary growth slowdown “not worrisome” Standard Chartered announced today its Africa and Middle East macroeconomic report for Q2 2023, which…
Qatar’s annual inflation surges 4.01% in March 2023
Qatar’s inflation surged by 4.01 percent year-on-year in March, as a result of a rise of prices across eight categories,…
KPMG in Kuwait publishes infrastructure report; illustrates current state and challenges in the sector
With infrastructure development continuing to be one of Kuwait’s primary focus areas, KPMG in Kuwait published its latest infrastructure report. …
Burgan Bank appoints Mr. Tony Daher as new GCEO
Burgan Bank has announced the appointment of Mr. Tony Daher as its new Group Chief Executive Officer (GCEO) after obtaining…
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…
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…