Saudi official entities warn against forex trading
Saudi official entities have warned against the use of forex trading on their official Twitter accounts. Forex, also known…
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KFH records $227.6mln net profit for Q1
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net…
Saudi’s start-up Retailo acquires Dubai-based online marketplace DXBUY
Saudi-based start-up Retailo, a business-to-business (B2B) platform for retail supply chains, has acquired Dubai’s e-commerce marketplace DXBUY for an undisclosed…
The GCC’s net zero goals set to boost sustainability-linked loans, bonds
Green finance — an effort to factor sustainability into a traditional banking industry — made a big foray into the…
NEOM pitches investment opportunities to more than 700 US business leaders
More than 700 US business, sustainability, and investment leaders attended a series of showcase events to highlight the development of…
Businesses need to think beyond cybersecurity and on cyber-resilience
If there’s one lesson we learned, the pandemic changed the face of smart connectivity, digital transformation and human connections in…
MENA startups: $2.88bln invested in 2021, early-stage deal value doubled
Investments in MENA start-ups came close to quadrupling from 2020 to 2021, fuelled by the growth in technology adoption and…
Abu Dhabi’s ADIA joins KKR in $15bln bid for Australian medical group: report
Abu Dhabi Investment Authority (ADIA) is part of a consortium led by KKR & Co. that is looking to buy…
United Arab Emirates freeze assets and bank accounts of Kinahan cartel in Dubai
The United Arab Emirates has frozen assets and bank accounts linked to the Kinahan Cartel in their Dubai bolthole. …
DIFC-based fintech Tarabut Gateway receives DFSA licence
Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from…
Arab Monetary Fund signs MoU with African Export-Import Bank
The Arab Monetary Fund (AMF) and the African Export-Import Bank (Afreximbank) has announced the signing of a Memorandum of Understanding…
Scatec, Acme's Oman project gets world's first green hydrogen certificate
Leading international inspection services provider TUV Rheinland has issued the world's first green hydrogen and green ammonia certificate to a…