01/04/2021
DMCC records strongest performance in 5 years attracting 2025 companies to Dubai
DMCC’s strong performance is primarily due to the Business Support Package launched in March 2020 that saw interest from companies in 149 countries.
Alternative Investments
01/03/2021
GCC businesses need to pursue Keyman Insurance
Keyman Insurance could play a vital role in ensuring business continuity and profit sustainability in the Gulf region, especially during challenging environment, especially like the current Covid-19 crisis
12/31/2020
Successful year for AIX Investment Group
The company saw their hard work result in the achievement of several milestones represented significant progress in building their earnings streams, strengthening capabilities, and executing and expanding their project pipeline
12/31/2020
National Bank of Egypt acquires 24% stake in Aman Financial Services for EGP 480m
Okasha added that this step is an important step for the bank towards spreading the culture of e-payments and reducing cash transactions. It will also ensure that the NBE contributes to promising companies such as Aman.
12/31/2020
MSM index rises 11 points
The report added that the value of shares bought by non-Omani investors reached OMR305,000 while the value of shares sold by non-Omani investors reached OMR299,000.
12/31/2020
Dubai Economy highlights excellence and best practices in retailing at Customer Service Week
Daily competitions, E-Panel discussion, E-Bazaar, held as part of the virtual celebrations
12/31/2020
Kushner family business plans $100m bond sale in Israel: Report
Kushner Companies filed paperwork with Israeli Securities Authorities earlier this month, with sale to take place in 2021, Wall Street Journal says
12/30/2020
Saudi and Azerbaijan clinch $300m renewable energy projects
Deal set to boost Kingdom’s green energy, high-tech profile as ACWA chair hails milestone
12/30/2020
Qatar trade surplus at QR9.1bn in November
On monthly basis, Qatar’s exports in November 2020 increased by 8.3 percent compared to October 2020, preliminary data released by the Planning and Statistics Authority showed.
12/30/2020
Saudi Arabia eyes bigger overseas investments in industrial, services sectors: minister
Several companies, such as Saudi Aramco, SABIC, and ACWA Power, in addition to other private companies, are targeting international expansion in several sectors
12/30/2020
Dubai’s Empower awards $380m in construction contracts, up 23% since 2019
Dubai is aiming to be the city with the smallest carbon footprint in the world. Under the UAE Energy Strategy 2050
12/30/2020
EBRD and TSKB support Turkish medical equipment producer Asset Medikal
Asset Medikal is producing innovative needle-free valves, which prevent healthcare workers from accidental needlestick injuries.
12/30/2020
Gulf economies have handle on this crisis
With oil prices inching higher, they are better placed to take on the New Year
12/30/2020
2021 Global Networking Trends Report: business resiliency takes center stage
The report highlights the key enterprise network trends companies should consider ensuring they are well positioned to successfully navigate 2021
12/29/2020
Sharjah announces $9.14bn budget for FY 2021
The general budget for this year is the largest in the history of the emirate as it has adopted many strategic and financial objectives and priorities amid these challenging times.
12/29/2020
Foreign and Arab institutions increasingly turn net buyers on QSE
Islamic equities were seen declining faster than the main index on the market, whose capitalisation, nevertheless, saw QR78mn or 0.13% jump to QR609.17bn, mainly on microcap segments.
12/29/2020
Kuwait Financial Centre K P S C : Markaz wins three coveted categories from EMEA Finance Middle East Banking Awards 2020
Markaz wins three coveted categories from EMEA Finance Middle East Banking Awards 202028 - Dec - 2020
12/29/2020
Public Pension Agency investment in SMEs achieved 46% returns: Governor
The agency’s investments were temporarily affected by the pandemic, but began to recover gradually after the markets rebounded, Alnahas says
12/29/2020
PIF on track to becoming world’s first activist and futurist sovereign wealth fund
Already before the COVID-19 pandemic wreaked economic carnage across the globe, PIF was being lauded for using impact investment to pursue reform for the sake of future generations
12/29/2020
Qoyod closes a Series-A investment of $2.1mln led by Merak Capital
A few product roll-outs are in the pipeline, offering more comprehensive features