Saudi Arabia starts $4bn tourism development fund
Saudi Arabia started a fund with an initial capital of $4bn to develop its tourism industry as the oil-rich kingdom…
Regulation, Risk & Compliance
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Citrix announces back-to-office solution
As governments around the world ease their lockdowns, businesses must decide how, when and if to return their employees to…
Saudi Arabia's crown prince is trying to buy Newcastle United for $381 million. Here are all the major soccer teams owned by royalty.
Manchester City — bought in 2008 by Emirati Sheikh Mansour bin Zayed al-Nahyan. Sheikh Mansour is the prime minister…
Need to focus on cybersecurity, adopt AI to protect vital sectors: DFF
A series of reports from the Dubai Future Research, an initiative by the Dubai Future Foundation, DFF, anticipates the future…
Sharjah hires banks for $1bn sukuk sale
The emirate of Sharjah hired banks to raise as much as $1bn from international debt markets, joining wealthier Gulf states…
Turkish companies for first time use central bank’s yuan swap facility to cover import bills
Turkey’s central bank said on June 19 that it had used a Chinese yuan funding facility for the first time…
Covid-19 Versus the Policymakers
• COVID-19 hits new peaks as markets maintain high valuations • Engagement of policymakers leaves markets sanguine about the risks…
Emirates NBD Capital successfully closes Islamic Development Bank (IsDB)'s landmark USD 1.5 billion sustainability Sukuk
Emirates NBD Capital Limited has successfully closed Islamic Development Bank (IsDB)’s first ever USD Sustainability Sukuk. The bank acted…
IMA Releases New Reports on the Role of CFO in Sustainability
IMA has released two new interrelated reports : A C-suite report, "Finance Function Partnering for the Integration of Sustainability in Business"…
SFAI expands into Bahrain, Jordan, Kuwait and Yemen
International accounting and consulting network Santa Fe Associates (SFAI) has in the past months expanded its footprint in the Middle…
Private investors to have more role on government-owned land in Abu Dhabi
Private sector investors will get more opportunities to develop land owned by Abu Dhabi Government agencies. This follows a move…
Emirates Adds Flights to New York, London and Singapore
Emirates and Qatar Airways will add more cities to their destinations and boost flights on existing routes as the carriers…