09/05/2023
Emirates NBD looks to leverage the power of generative AI
ChatGPT will have a central role in the AI makeover of Emirates NBD’s operations.
Alternative Investments
09/04/2023
Dubai real estate to see double-digit returns, says Damac chairman
Damac Properties is the largest private developer in Dubai. It recently launched Damac Coral Reef in Dubai Maritime City
09/04/2023
Goldman Lampe Private Bank Announces Comprehensive Changes to Client Onboarding Policy
This move is predicated on the belief that strong client relationships extend beyond transactional interactions and veer into the realm of community and shared values.
09/04/2023
No audit for Saudi firms with revenues under $2.7m
The initiative aims to ease regulatory burdens and support the growth of micro and small businesses in the Kingdom.
09/01/2023
Estithmar Holding announces new subsidiary in Jordan
The establishment of this company comes as a continuation of the expansion of the company’s projects abroad.
09/01/2023
Global sentiments reflect on QSE as index tanks 155 points; M-cap melts QR9bn
The foreign institutions were increasingly into net profit booking in the main market, whose year-to-date losses widened further to 4.55%.
09/01/2023
Bahrain-listed firms’ net profits fall 58%
Alba, the only company in the materials sector, reported Q2-2023 net profit of $79.3 million registering 83.6pc y-o-y decrease from its Q2-2022 net earnings which stood at $482.6m
09/01/2023
Saudi partnership for Tempest superjet to 'speed up' project
British welcome kingdom's interest in joining three-nation programme to build world's most advanced fighter
08/31/2023
Assets of Kuwait wealth fund’s London unit surge to $250bln
Value of assets under management rose from $27bln in 2003
08/31/2023
Qatari enterprises ranked among Asia’s Best Workplaces list
This commitment is reflected in the increased participation of Qatari companies in regional competition
08/30/2023
QSE gains 35 points on buying support from industrials, consumer goods, realty and banking sectors
The Gulf institutions turned net profit takers in the main market, which saw no trading of sovereign bonds.
08/30/2023
Retail sector sees healthy growth in Q2
Qatar’s disposable income levels are also among the world’s highest
08/29/2023
Women investment in the UAE is expected to grow by 50% in 2023 over previous year
Data from the Dubai Land Department (DLD) shows that women investment in real estate has contributed to over AED 58.8 billion to the sector
08/28/2023
QSE bull-run continues for the second day as index gains 22 points
The domestic institutions were seen increasingly into net profit booking in the main market, which saw no trading of sovereign bonds.
08/28/2023
For entrepreneurs, UAE Golden Visa plus options on lower cost of doing business prove a winner
For business owners, UAE's long-term residency and cost incentives strike a chord
08/25/2023
Dubai Chambers advances sustainability agenda
Saves over 72,000 litres of water in a year through participation in ‘Dubai Can’ initiative
08/23/2023
Abu Dhabi wealth fund commits additional $451mln in Australian real estate investment firm
The move by ADIA brings Qualitas’ committed capital to $902mln
08/22/2023
Burgan Bank Supports Kuwaiti Olympians at Budapest World Championship
This includes Yaqoub Al-Youha, Mudhawi Al-Shammari, and Ebrahim Al-Dhafeeri who are all now vying for gold at the tournament currently taking place in Budapest, Hungary.
08/22/2023
Dubai targets 100% recycled water use by 2030
The city has set itself a target of increasing the use of recycled water while reducing the consumption of desalinated water in the next seven years
08/21/2023
Saudi Arabia unveils $200m fund to propel local and global high-tech
The initiative is part of a strategy announced for the King Abdullah University of Science and Technology