First Abu Dhabi Bank expected to raise 500 mln euros via green bonds
First Abu Dhabi Bank (FAB.AD) is expected to raise 500 million euros ($553.90 million) in five-year green bonds at 70…
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Saudi Arabia real GDP grows 6.7% in Q4 2021
Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth…
Egyptian fintech Khazna raises $38mln in Series A
Khazna, a Cairo-based fintech company has raised $38 million in a Series A round led by Quona Capital. Other investors…
Aldar Properties acquires Rixos Bab Al Bahr for Dhs770m, takes total investment in RAK to Dhs1.5bn
RAK Hospitality Holding has confirmed the sale of the 715-key all-inclusive Rixos Bab Al Bahr hotel in Ras Al Khaimah…
Agility, Menzies boards agree on $750mln takeover deal
The boards of Agility Public Warehousing Company (Agility) and GIL International Holdings V Limited (Bidco), one of its wholly-owned subsidiaries,…
Saudi Arabia to localize key jobs in fun cities
Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi announced on Thursday the ministry’s decision to localize key jobs…
World’s 1.9bln Muslims spent around $2trln in 2021 – SGIE report
The world’s 1.9 billion Muslims spent the equivalent of $2 trillion in 2021 across the food, pharmaceutical, cosmetics, fashion, travel,…
Emirates NBD partners with the world’s leading innovation platform Plug and Play
Tie-up to boost open innovation and develop FinTech ecosystem in the region Emirates NBD has announced a partnership with Plug…
Crédit Agricole Egypt inaugurates new branch in Palm Strip Mall
Crédit Agricole Egypt celebrated the opening of its new Palm Strip branch in Sixth of October City in continuation of…
UAE's new labours laws trigger 'significant changes' to employment contracts
Luke Tapp and Ruth Stephen tell HRNews about some of the key employment law changes in the region
Egyptian FinTech App Khanza Lands $38M in Series A
Khazna, a FinTech app aimed at helping Egypt’s unbanked/underbanked residents, has raised $38 million in debt equity in a Series…
FintechCashier Group announces investment of £10 million into MENA region, creating a financial gateway centre based in Bahrain
With the global digital payments market expected to reach US$ 12.55 Trillion by 2027, the FintechCashier Group has announced its…