Western promise: European start-ups are luring Middle Eastern private equity
The last two years have been a challenging period for investors, not to mention people, companies and countries across Europe.…
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Emirates NBD: Q3 2021 net profit up 29% YoY to AED 7.3 billion
Emirates NBD's strong Q3 results, with net profit up 29% YoY, demonstrate financial resilience and the success of its diversified…
Digital change: the magic solution?
Digital change in itself is not the magic bullet that will explode into a ready-made future-proof solution for all your…
Bahrain's Investcorp exits real estate investment in Germany
Bahrain’s Investcorp, which counts Abu Dhabi sovereign wealth fund Mubadala Development Co. as a major investor, has sold its long…
Egypt to spend over $2bln to enhance internet efficiency, says minister
Egypt has started work on the third phase of its plan to enhance the efficiency of internet services in the…
Route to net zero emissions will cost global economy $5trln annually: Report
A report from Bank of America has warned reaching net zero will cost the global economy $5 trillion annually for…
Kuwait’s Boubyan Bank net profits grow by 37%, plans ESG framework
Kuwait’s Boubyan Bank net profits rose by 37 percent during the first nine months of 2021 while operating profits recorded…
IsDB Institute wins again 'Best Islamic research firm' award
For the second consecutive year, the Islamic Development Bank Institute (IsDBI) has won the ‘Best Islamic Research Firm’ award, having…
The CMA announces launch of 5th batch of Financial technology experimental permit
The Capital Market Authority announced the start of receiving applications for applicants to obtain FinTech ExPermit for the fifth batch.…
Sharjah Islamic raises foreign ownership limit to 40% amid strong investor demand
Sharjah Islamic Bank will raise foreign ownership to 40 per cent amid “strong” demand from investors. “Investors from all…
UAE: Offshore FinTech Trends
The Cayman Islands has leveraged its position as an offshore funds jurisdiction to establish itself as an offshore Fintech hub.…
New Research Shows Global Confidence Among Expats
Study of 20,000+ expats reveals their global confidence to live and work abroad has not diminished Majority (80%) of expats…