SDAIA expects AVs to be available for everyone by 2050: Saudi Arabia
Saudi Data and Artificial Intelligence Authority (SDAIA) expected that autonomous vehicles (AVs) will be available for everyone by 2050. …
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Incomes, sales tax revenues up by 12% in first 4 months of 2022: Jordan
Revenues from income and sales taxes totalled JD2.080 billion in the first four months of 2022, compared with JD1.855 billion…
UAE Banking Sector: Great strides under leadership of Khalifa bin Zayed
The financial and banking sector in the UAE under late Sheikh Khalifa bin Zayed Al Nahyan, made unprecedented achievements that…
QIB wins 4 prestigious awards from the Digital Banker Magazine
Qatar Islamic Bank (QIB) is pleased to announce its recognition with four prestigious awards at The Digital Banker’s - Middle…
Ithmaar posts $3.95m Q1 profit; operating income up 16pc
Ithmaar Bank, a leading Bahrain-based Islamic retail bank, has reported a net profit of BD1.502 million ($3.95 million) for the…
Key role for Bahrain’s banking sector in driving ESG agenda
The contribution that Bahrain’s banking sector has made to the kingdom’s economic diversification efforts and its evolving role as a…
Dentons advises on innovative ship finance deal
Dentons has advised Abu Dhabi Islamic Bank as the arrangers on a US$135 million Islamic pre- and post-delivery financing for…
UAE Banks to Benefit from High Oil Prices, Rate Rises
UAE banks’ Standalone Credit Profiles will be supported by improved operating conditions due to high oil prices and rising interest…
Tradewind Finance announces US$ 1bln in funding globally
Tradewind Finance has announced the completion of its US$1 billion funding for 2022 - a development that’s widely expected to…
UAE lists first dirham-denominated treasury bond on Nasdaq Dubai
The UAE's first dirham-denominated treasury bond was listed on Nasdaq Dubai on Thursday, after the Dh1.5 billion ($408 million) issuance…
Dubai’s Shuaa Capital Q1 net profit falls due to asset write-down
Dubai-based investment bank Shuaa Capital has posted a drop in Q1 2022 net profit after writing down intangible assets worth…
Top Abu Dhabi Wealth Fund Closes Latin America Equities Team
ADIA, the world’s third-largest sovereign wealth fund, made the decision to terminate the internally-managed Latin America mandate at the end…