In Abu Dhabi, some landlords continue to offer rent-free even as rents rise
Rents are on the rise again in Abu Dhabi, but landlords – at least some of them – continue to…
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Emirates Islamic launches Emarati Business Account to support UAE national companies
UAE-based bank Emirates Islamic has launched Emarati Business Account, designed specifically to cater to the needs of UAE national companies,…
Renewables take lion’s share of global power additions in 2021
Renewable energy continued to grow and gain momentum despite global uncertainties taking the lion's share of power additions in 2021,…
Saudization of key health sectors begins
Saudi Arabia’s Ministry of Human Resources and Social Development announced on Monday the start of implementation of Saudization in some…
Fostering trust will be key to safeguarding business in a digital-first economy, reveals GBM Security Report 2022
Gulf Business Machines (GBM) has revealed top insights from the 9th edition of its cybersecurity report where it explored the…
QNB Group: Financial results for the three months ended 31 march 2022
QNB Group has announced its results for the three months ended 31 March 2022. Net Profit for the three…
TII announces launch of NOOR, the world’s largest Arabic NLP model
Technology Innovation Institute has announced the launch of NOOR, the world’s largest Arabic natural language processing (NLP) model to date.…
Saudi EXIM Bank Approves Credit Worth $1.4 Bn to Boost Alternative Economy
The Saudi Export-Import Bank approved loans worth over $1.46 billion during the first quarter of 2022 to support the Vision…
Al Masraf stages strong comeback with Dh132 million profit in 2021
Arab Bank for Investment and Foreign Trade, popularly known as Al Masraf, on Monday staged a strong comeback with Dh132…
Gulf lendere QNB posts 9% rise in first-quarter profit
Qatar National Bank (QNB) posted a 9% rise in quarterly profit on Monday, helped by healthy loan growth and cost…
Dubai’s Most Expensive Villa Is This Massive Megamansion, Which Sold for AED 280 Million
A custom-built, 33,300-square-foot megamansion that sold last week for AED 280 million (US$76.2 million), now holds the record for Dubai’s…
Binance earns in-principal approval from ADGM
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission…