03/17/2021
Ooredoo’s Most Advanced Data Centre Is Now Open for Business
With a power capacity of 2.5 Megawatts, the data centre has been ranked Tier 3, guaranteeing around 99.98%+ uptime, according to an internationally-recognised framework.
03/17/2021
EBRD partners with Bank of Palestine to support Women in Business in the West Bank and Gaza
Small businesses account for more than 95 per cent of private-sector enterprises in the West Bank and Gaza, but only a quarter of those businesses are owned by women.
03/17/2021
Strategy& partners with Facebook on Lebanese SME initiative
Not surprisingly, the impact from the blast is still being felt by small and medium businesses today, especially when coupled with the country’s already tattered economy.
03/17/2021
UAE’s gross banking assets stand at Dhs3.172tr by end of January
Money Supply aggregate M2 rose as well to Dhs1.489 trillion as compared to Dhs1.478.5 trillion during the reference period due to the increase in M1 and despite the drop in quasi-monetary deposits.
03/16/2021
The firm has more than 3,000 clients and in excess of £1bn of assets under management
03/16/2021
Shift in demand from off-plan to completed
03/16/2021
Salama's 2020 numbers show solid gains, even stripping the one-off gain
03/16/2021
The foodtech will use the funds for product development
03/16/2021
The Qatar Financial Markets Authority early this February issued its new “Offering and Listing of Securities on the Financial Markets Rulebook”, as part of efforts to ensure offerings
03/15/2021
UAE-GCC states trade exchange at $62bln in 2019
Saudi Arabia is the UAE’s top trading partner
03/15/2021
SHUAA Capital leads USD 50 million Sukuk funding round for Pure Harvest Smart Farms
SHUAA led the first-of-its-kind USD 50 million structured sukuk financing solution for Pure Harvest Smart Farms
03/15/2021
Top regional debt management firm makes its debut in America
First Solution is a debt management and consolidation firm designed to cater to all kinds of consumers; from banking, to businesses and private individuals
03/15/2021
“This will be driven by a slow economic recovery that will make it harder for borrowers in sectors such as real estate, construction and contracting to repay debt,” said Nitish Bhojnagarwala, vice president — senior credit officer at Moo
03/14/2021
Abu Dhabi’s Aldar offers to buy majority stake in Egypt’s SODIC real estate company
UAE property developers are eyeing ways to diversify their income amid a depressed property sector at home.
03/14/2021
Pent-up Middle East demand for London property will be 'unleashed' by summer
The flat PCL market was due for an upturn before the pandemic began and investors are keen to tap into that growth.
03/12/2021
It will focus on development initiatives and enhancing economic cooperation
03/12/2021
AD S&P Global Ratings Roman Rybalkin: The Saudi economy is expected to recover in 2021-2022 due to an increase in global demand for oil and increase of private consumption
03/12/2021
PIF started raising bank debt in 2018 with an $11 billion facility, followed in 2019 by a $10 billion loan which it repaid last year.
03/12/2021
Under the programme, 15 high potential growth enterprises will be selected to receive support with scaling up – annually for three years.
03/12/2021
Amongst the top tier brands listed as Global Tier winners are Beijing Tong Ren Tang, CoCo, Faber Castell, Fender, Heinz, IKEA, LEGO, Lurpak, McCain, Netflix, PILOT, Spotify, Yakult, and Yamaha, amongst others