Forbes Middle East reveals annual ranking of women
The 30 Women Behind Middle Eastern Brands represent 18 different nationalities, with Egyptians dominating with 11 entries, followed by Lebanese…
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Egypt's law drops lawsuits against unofficial businesses once licensed to encourage inclusion in official economy
As part of Egypt’s endeavors to encourage the integration of unofficial economy projects into the official economy, the law stipulates…
Turkey inflation jumps to almost 70 percent in April as Erdogan accused of 'trying to re-write economics'
Turkey's official inflation rate spiralled to nearly 70 percent in April, data showed on Thursday, posing a huge challenge to…
UAE interest rate hike: Property owners will do better locking in mortgage rates for '3-5 years'
Interest rates are higher by 0.50 per cent – and the one thing UAE’s property buyers seeking mortgages should do…
UAE Central Bank raises base rate by 50 basis points
The Central Bank of the UAE will raise the base rate applicable to the Overnight Deposit Facility by 50 basis…
ADIB to set up asset management-focused entity
Abu Dhabi Islamic Bank (ADIB) will set up an entity focused on asset management as part of its ambitions to…
Wealthy investors ‘deeply concerned’ about Ukraine war
Wealthy investors are “deeply concerned” about the impact of the war in Ukraine and are likely to make changes to…
GCC central banks raise interest rates after US Federal Reserve move to curb inflation
The central banks of the UAE, Saudi Arabia, Bahrain, Kuwait and Qatar increased their benchmark interest rates following the US…
Saudi economy to witness 10% growth in 2022: Capital Economics
Saudi Arabia is expected to grow by around 10 percent in 2022, well above the current consensus expectations of 6.3…
PwC Consulting partners with Sova to deepen talent offering
PwC has agreed a partnership with Sova, deepening its workforce offerings with the addition of Sova’s talent assessment and recruitment…
Eid 2022 gifting: UAE consumers go for cashback schemes in a big way
Is ‘cashback’ making a sort of comeback in the UAE’s retail space? Through Ramadan and Eid, cashback schemes from…
Abu Dhabi’s ADDED introduces easy payment plan for business owners
The Abu Dhabi Department of Economic Development have signed a deal with First Abu Dhabi Bank, Abu Dhabi Commercial Bank,…