Middle-East smart mobility investments a lesson for Africa
When you fly into any of Hamad International Airport, Doha, King Khalid International Airport, Riyadh, or Dubai International Airport, Dubai,…
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Middle Eastern countries look to China for infrastructure funding, new technology
China is expanding its presence in the Middle East by building out critical infrastructure in the region and securing deals…
At Arab Health 2022, a peek at how futuristic tech is changing the face of modern healthcare
With escalating advancement in digital healthcare technologies such as VR/AR, 3D printing, artificial intelligence and robotics, it has become mandatory…
Business activity in Arab world's largest economies continued to improve in January
Business activity in the non-oil private sector economies of Saudi Arabia and the UAE continued to expand in January, although…
Saudi National Bank reports 11% rise in 2021 income amid continued economic recovery
Saudi National Bank, the kingdom’s biggest lender by assets, reported an 11 per cent increase in 2021 profit as operating…
UAE's Etisalat appoints new CEO to manage international business
Emirates Telecommunications Group Company (Etisalat Group) announced on Thursday the appointment of its new CEO-International who will take charge of…
Saudi SABIC Q4 net profit rises to $1.32bln on higher prices, sales
Petrochemicals giant Saudi Basic Industries Corporation (SABIC) on Thursday said it made 4.93 billion riyals ($1.32 billion) in net profit…
Saudi sovereign fund in talks for extension on $15bln loan: sources
Saudi Arabia's sovereign wealth fund is in talks with banks to exercise an extension option on a $15 billion revolving…
Egypt's business conditions deteriorate amid high prices, weak demand
Business conditions in Egypt’s non-oil private sector economy deteriorated in January amid weaker demand and inflationary pressures, according to a…
Credit Suisse Loses Team Serving Wealthy Saudis
A team at Credit Suisse which served wealthy Saudis for years is leaving. The private bankers are moving to a…
Crypto platform Rain rakes in $100m in Series B funding
Cryptocurrency platform Rain has raised $110 million in a Series B funding round. The round was co-led by Paradigm…
Central Bank of Kuwait Issues Digital Bank Guidelines
The Central Bank of Kuwait this week released guidelines for digital banks. They said this falls within its overall efforts…