Saudi Central Bank extends guaranteed financing program for small businesses
The Saudi Central Bank today announced an extension of its Guaranteed Financing Program for small and medium-sized businesses. The…
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How Dubai’s financial services regulation has evolved to keep pace with innovation
While the UAE’s anti-financial crime framework has come under increased monitoring of late, the Financial Action Task Force (FATF) has…
New rules boost Dubai’s international arbitration credentials
The modernisation of arbitration rules for the Dubai International Arbitration Centre (DIAC) can help Dubai become a leading hub for…
Crypto Investment and the Wealthy
Amid hype, volatility, controversy and opportunity, the cryptocurrency (crypto) sector and ecosystem continue to grow rapidly. The sector, worth an…
Dubal Holding reports profit of $735mln for 2021
Dubal Holding has reported a profit of AED 2.7 billion ($735 million) in 2021, up from AED 217 million in…
Botswana to showcase trade, investment opportunities at ongoing Expo 2020 Dubai
Botswana has planned to showcase her trade and investment opportunities at the ongoing Expo 2020 Dubai in the United Arab…
Abu Dhabi’s FAB to open representative office in Iraq
First Abu Dhabi Bank will be expanding its regional footprint with the opening of a representative office in Iraq, as…
The middle east blockchain ecosystem “Crypto oasis” is expected to reach 1000+ organisations target by Q2 2022
Key Highlights: The epicenter of the ecosystem - DMCC (Dubai Multi Commodities Center) hosts now more than 230 Blockchain-specific organisations…
Saudi January industrial output sees third highest rise in 3 years
Increased oil output has driven Saudi Industrial Production Index in January to increase by 11.1 percent on an annual basis,…
Saudi job market bounces back with most employers looking to hire
The job market in Saudi Arabia has bounced back from the pandemic slowdown with 79 percent of employers feeling positive…
Saudi IT firm Arab Sea swings into profit in 2021 as revenue more than doubles
Saudi IT firm Arab Sea Information System Co. swung into SR21.5 million ($5.7 million) profit in 2021 as revenue doubled.…
Fearing West's wrath, Russia's rich look to stash wealth in Dubai
Rich Russians are trying to shift some of their wealth from Europe to Dubai to shield assets from a tightening…