ADNIC shareholders to get $54mln dividends as UAE insurer's profits rise 30%
UAE insurer Abu Dhabi National Insurance Company is set to distribute 199.5 million dirhams ($54 million) in cash dividends for…
Hedge Funds & Alternative Investments
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IMF urges Bahrain to implement fiscal reforms, contain rising public debt
The International Monetary Fund urged Bahrain to implement fiscal reforms and lower its public debt, which increased sharply last year…
UAE Banks Federation's General Assembly approves strategic objectives, action plan for 2021
UAE Banks Federation held its General Assembly Meeting via videoconferencing and approved strategic objectives and action plan for the year…
UAE tops MENA region as most active in CSR
The questions were curated and formulated to best emphasise and reflect the current CSR ecosystem pre- and post-COVID-19. 9 in…
The Recent Fintech Funding Rounds in the Middle East
With 2021 almost officially a quarter of the way through, there have been some major funding announcements from fintechs in…
UAE launches Operation 300Bn to raise industrial sector’s contribution to 300 billion
The UAE government launched on Monday 'Operation 300bn', a national industrial strategy aimed at raising the manufacturing sector’s contribution from…
UAE retail sales to rebound and hit $58bln in 2021
Retail sales in the UAE are expected to rebound and grow by 13 percent to reach $58 billion by the…
Arthur D. Little promotes Lokesh Dadhich to partner in Dubai
A member of Arthur D. Little’s Telecommunication, Information, Media & Electronics and Operation Management practices in the Middle East with…
Qatar’s digital sector offers opportunities for companies
Qatar’s digital sector offers huge opportunities for businesses. Relations between Qatar and Russia are growing in terms of diplomacy and…
Are GCC banks ready to absorb further loan-loss shocks?
Rated GCC banks, which had set aside $10.9 billion of new loan-loss provisions in 2020 in the backdrop of the…
Dubai records 3,787 real estate sales transactions worth $2bln in February 2021
Dubai’s real estate market recorded 3,787 sales transactions worth AED7.43 billion in February 2021, a 13.8 percent increase from January…
Aruba appoints Channel Manager for MESA
Aruba has announced the appointment of Ahmed ElSayed as Regional Channel Manager for Middle East and South Africa. In…