04/20/2022
How empowering employees is key to ensure business survival
Employee empowerment can have a significant impact on employee satisfaction and productivity says Manikandan Thangaraj, vice president, ManageEngine
Alternative Investments
04/20/2022
Abu Dhabi’s Emirates Driving posts 60% rise in Q1 2022 profit
Profit for the three months ended March 31, 2022
04/20/2022
UAE Golden Visa 2022: Lowering investment to Dh2m is an instant bonus for property buyers, entrepreneurs
For offplan investors, the changes also offer flexibility to pick up their 10-year visas
04/20/2022
UAE to launch treasury bonds with auction size of $408mln
Finance ministry says bonds will initially have tenures of two, three and five years
04/19/2022
Study finds that less than 1/3 of IPOs in the GCC succeed
The Renaissance of IPOs in the GCC obscures the reality that only one-third of listed companies succeed in the short, medium and long term
04/19/2022
Oman to set up to association for debt relief
The departments affiliated with the Ministry in the various governorates of the Sultanate were directed to follow up on the situation of these families and help them register in the national subsidy system for electricity and water
04/19/2022
ADGM Academy, The Human Resources Authority, and Banque Misr launch banking educational programme for Emiratis
Financial educational collaboration will offer national development programme to help train and employ fresh graduates in the field of banking and finance
04/19/2022
Abu Dhabi added 80 economic activities in 2021
Broadcasting, eSports event management, securities, mortgage and social innovation were included
04/19/2022
Saudi telecom firm Zain net profit jumps 98% to $22m in Q1 on higher revenue
The increase was due to a 12.44 percent rise in earnings driven by the growth in 5G and other revenue streams.
04/19/2022
Arab economies expected to grow by 5% in 2022: AMF
A significant improvement in the growth rate of this group of countries is expected in 2023 to reach 5%
04/18/2022
The value of real estate transactions records 4.85mln Riyals during Q1
52% of the total deals are “Ready-made properties”: Utopia index
04/18/2022
GFH launches “Prime” programme to reward top shareholders
GFH Prime provides exclusive rewards around new investments and offers from companies within Group’s portfolio
04/18/2022
Bank deposits increase to EGP 6.549trn in January 2022: Egypt
In its monthly report, the CBE stated that government deposits increased to EGP 1.349trn in January, compared to EGP 1.299trn in December 2021
04/18/2022
Saudi Arabia converts $300mln deposit with Mauritania's central bank to soft loan
It comes as part of the Kingdom’s ongoing efforts and leadership role in supporting the development and economy of Arab and Islamic states
04/14/2022
UAE to help African countries diversify their economies
His Excellency Mohammed Saif Al Suwaidi, also signed a Memorandum of Understanding
04/14/2022
Abu Dhabi stock exchange seeks more private sector listings
‘Second Market’ has been rebranded as ‘Growth Market’
04/14/2022
Abu Dhabi's villa market still 'undersupplied'
Villa deliveries is expected to be limited this year, says new report
04/14/2022
Dubai’s residential market sees record growth in Q1 2022: CBRE
CBRE stated that the first quarter saw off-plan sales increase by 94.6 per cent and secondary market sales grow by 76.1 per cent over the previous year
04/13/2022
Turkey’s Ziraat Bank secures $1.24 billion loan at higher cost
Turkish banks were borrowing at interest margins of less than 100 basis points above dollar
04/13/2022
Abu Dhabi’s ADQ sets up SPAC with Chimera, eyes nearly $100mln IPO
ADC Acquisition Corporation plans to raise AED367mln though share sale