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Comment & Analysis

Why corporate optimism in Saudi Arabia and UAE remains widespread despite global economic headwinds

December 2, 2022

 A new survey of business leaders in Saudi Arabia and the UAE reveals widespread corporate optimism in the two countries…

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Hedge Funds & Alternative Investments

UAE gold rate shoots up Dh4 a gram overnight as bullion heads back to $1,800

December 2, 2022

Gold prices made a dash to break the $1,800 an ounce mark once again, before dropping just a bit to…

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Hedge Funds & Alternative Investments

GCC market seals 59 M&A deals in Q3; Multiply tops list

December 2, 2022

Multiply Group leads the GCC M&A in Q3 2022 as the market sealed a total of 59 transactions, a growth…

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Hedge Funds & Alternative Investments

Saudi Arabia wealth fund raises $17bn loan for refinancing

December 2, 2022

Saudi Arabia’s sovereign wealth fund raised a $17bn loan to repay an existing facility that’s due to mature next year.…

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FinTech

Standard Chartered Launches Women in Tech Program in Saudi Arabia

December 2, 2022

Standard Chartered has forged a partnership with Saudi Arabia-based Falak Investment Hub to launch a new program for women in…

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Retail Banking

Citi Completes Sale of Bahrain Consumer Banking Business to Ahli United Bank

December 1, 2022

Citi has announced  that it has successfully completed the sale of its Bahrain consumer business to Ahli United Bank B.S.C.…

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Environment and Sustainable Investments

Egypt signs $1.1 billion renewable energy deal with AMEA Power

December 1, 2022

Egypt has sealed an agreement with AMEA Power a $1.1 billion agreement for a solar project and a wind farm…

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FinTech

As crypto collapses in US, is Middle East going through digital renaissance?

December 1, 2022

OasisX, the nascent curated multichain non-fungible token marketplace, which aims to drive adoption of NFTs in the Middle East and…

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Executive Moves

DeNexus expands European offering with senior hire

December 1, 2022

DeNexus  has announced the appointment of Víctor M. Aguilar as Vice President of Sales (EMEA), effective November 14, 2022.  …

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FinTech

Islamic Coin wins ESG Crypto at The Middle East Blockchain Awards

December 1, 2022

Islamic Coin is a native currency of the Haqq ecosystem, which works to empower the world's Muslim community, and beyond…

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Comment & Analysis

Rise in consumer prices to bolster Qatar’s economy

December 1, 2022

The latest data by Planning and Statistics Authority  shows a 1.22 percent increase in Consumer Price Index  and a 6.03…

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Retail Banking

QNB concludes Emerging Leaders Program

December 1, 2022

QNB Group concluded the Emerging Leaders Program with a graduation ceremony held to honor its employees who successfully completed the…

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